Stock Market News, April 23, 2024: Nasdaq Closes Higher; Tesla Stock Rises Post-Market
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This 'Boring Business Stock' Turned $10,000 to $4 Million
AutoZone stocks have grown 40,520% since its 1991 IPO. If you had invested $10,000 in the IPO year, it would have become over $4 million today.Why isn't this stock on top of everyone's list? One possible reason it has managed to stay under the radar is that it has nothing to do with AI or isn't part of trending sectors like digital streaming and technology.US billionaire and entrepreneur Pitt Hyde founded AutoZone in 1979. Since then, the company has come a long way to become the leading...
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Apple: pay attention to emerging markets, not falling China sales
Apple’s chief financial officer Luca Maestri challenged investor worries over an 8% drop in China revenue, by noting that sales in other emerging markets are growing. “When we start looking at places like India, like Saudi, like Mexico, Turkey, Brazil…and Indonesia, the numbers are getting large, and we’re very happy because these are markets where […] © 2024 TechCrunch. All rights reserved. For personal use only.
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'Sell In May And Go Away': A Fading Tradition In Stock Market?
The traditional Wall Street adage "sell in May and go away" may not hold water this year, as analysts debunk the myth with strong evidence of positive stock market performance during the historically weak May-October period. read more