E-Learning

3 Reasons to Sell BLDR and 1 Stock to Buy Instead

Builders FirstSource has gotten torched over the last six months - since October 2024, its stock price has dropped 41.9% to a new 52-week low of $113.01 per share. This was partly due to its softer quarterly results and might have investors contemplating their next move.

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ECB policymakers pledge market stability but see big growth hit

The European Central Bank is ready to preserve financial stability in case of further market turmoil but the sector, including hedge funds, appears well prepared for the recent rout, ECB policymakers said on Wednesday. Since U.S. President Donald Trump announced a raft of tariffs last week, stocks have fallen sharply, the dollar has weakened and U.S. Treasuries sold off overnight, raising fears of escalating market turmoil that could drag the world into a financial crisis. "The Bank of France and the European Central Bank are fully mobilised to ensure the (euro zone) economy is well financed and (ensure) financial stability," French Central Bank chief Francois Villeroy de Galhau said.

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Chinese Stocks Bounce Back as Traders Bet on Fresh Stimulus

(Bloomberg) -- Chinese stocks climbed for a second day, bucking a worldwide selloff, amid growing speculation that authorities will roll out stimulus to shield the economy from Donald Trump‘s tariffs.A closely watched gauge of Chinese stocks in Hong Kong ended 1.4% higher after sliding more than 4% earlier. The onshore CSI 300 Index closed up 1%.The moves came as investors shifted their attention to the likely response of Chinese authorities after US tariffs as high as 104% took effect Wednesday

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Goldman’s Flood sees buy the dip returning with S&P 500 at 5,000

(Bloomberg) -- The S&P 500 stock index has dropped to a level where long-term investors are starting to buy the dip, according to Goldman Sachs Group Inc. partner John Flood.The US stock index is flirting with bear market levels after plunging nearly 19% since its February peak. The benchmark closed below the 5,000 level for the first time in nearly a year on Tuesday after the US administration implemented reciprocal tariffs on trading partners, boosting recession risk. “From my conversations wi

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Toymaker Lego opens Vietnam factory, taking production closer to key markets

COPENHAGEN (Reuters) -Toymaker Lego has opened a new factory in southern Vietnam, it said on Wednesday, as the company aims for long-term growth in the Asia Pacific region and to move production closer to its consumers. Lego has invested $1 billion in the project, part of its decade-old strategy of placing production facilities close to key markets which has previously helped rein in costs and shield it from external factors and supply chain disruptions. The Danish family-owned company said it would also open a regional distribution centre in Vietnam later this year, its second in Asia, to increase flexibility and agility in its supply chain network.

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