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The major averages fell on Monday as investors grappled with the resurgence of Covid cases spurred from the newfound omicron variant.
The $Dow Jones Industrial Average (.DJI.US)$ dropped 433.28 points to 34,932.16. The $S&P 500 Index (.SPX.US)$ dipped 1.1% to 4,568.02 and the technology-focused $Nasdaq Composite Index (.IXIC.US)$ declined 1.2% to 14,980.94. The small-cap benchmark $iShares Russell 2000 ETF (IWM.US)$ lost nearly 1.6%.
The S&P 500 fell 3.01% over the past three days, as of Dec. 20, making it the worst decline over a three-day span since September. The Nasdaq Composite has also tumbled 3.76% over the past three days, marking the worst three-day stretch since May.
$Carnival (CCL.US)$ $Pfizer (PFE.US)$ $American Airlines (AAL.US)$ $DaVita (DVA.US)$ $Dish Network (DISH.US)$
The $Dow Jones Industrial Average (.DJI.US)$ dropped 433.28 points to 34,932.16. The $S&P 500 Index (.SPX.US)$ dipped 1.1% to 4,568.02 and the technology-focused $Nasdaq Composite Index (.IXIC.US)$ declined 1.2% to 14,980.94. The small-cap benchmark $iShares Russell 2000 ETF (IWM.US)$ lost nearly 1.6%.
The S&P 500 fell 3.01% over the past three days, as of Dec. 20, making it the worst decline over a three-day span since September. The Nasdaq Composite has also tumbled 3.76% over the past three days, marking the worst three-day stretch since May.
$Carnival (CCL.US)$ $Pfizer (PFE.US)$ $American Airlines (AAL.US)$ $DaVita (DVA.US)$ $Dish Network (DISH.US)$
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Next lesson in my free tutorial on how to milk your moomoo cow is A feature that I don’t see on other applications call the DEMARK reversal indicator. It’s an algorithm that starts numbering the time periods from 1 to 9 before the reversal. SQJZ is moomoo name. reversals happen at different paces. it could be monthly that triggers the 1-9 sequence like I n the 2018 chart when $Macy's (M.US)$ was peaking in prices ou’ll see that those time periods are one month. currently, we underwent a reversal on the weekly chart 4 weeks ago
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STOCKHOLM (Reuters) -Ericsson on Monday agreed to buy cloud communications firm Vonage in a $6.2 billion all-cash deal, as the telecom gear maker moves to broaden its 5G portfolio. $Vonage (VG.US)$ $LM Ericsson Telephone (ERIC.US)$
The deal, one of the largest in Ericsson's history, follows its $1.1 billion purchase of Cradlepoint last year which gave it access to tools that can connect devices using the so-called Internet of Things over a 4G or 5G network.
U.S-based Vonage makes Application Programming Interface (API), which helps different software communicate with each other.
"Vonage is complementary to what we have built in enterprise so far ... Cradlepoint was one of the big stepping stones as well in building an enterprise presence," Ericsson CFO Carl Mellander told Reuters.
Ericsson will pay $21 for each outstanding Vonage share, a 28% premium to Friday's closing price and a 34% premium to the average of the last 3 months, a price analysts said was high.
Ericsson shares fell 3.8% in early trade, on track for their worst day since July and the worst performer on the pan-European STOXX 600 index.
Article excerpted from Yahoo.
The deal, one of the largest in Ericsson's history, follows its $1.1 billion purchase of Cradlepoint last year which gave it access to tools that can connect devices using the so-called Internet of Things over a 4G or 5G network.
U.S-based Vonage makes Application Programming Interface (API), which helps different software communicate with each other.
"Vonage is complementary to what we have built in enterprise so far ... Cradlepoint was one of the big stepping stones as well in building an enterprise presence," Ericsson CFO Carl Mellander told Reuters.
Ericsson will pay $21 for each outstanding Vonage share, a 28% premium to Friday's closing price and a 34% premium to the average of the last 3 months, a price analysts said was high.
Ericsson shares fell 3.8% in early trade, on track for their worst day since July and the worst performer on the pan-European STOXX 600 index.
Article excerpted from Yahoo.
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$Lululemon Athletica (LULU.US)$ Lululemon saw a boost to its direct-to-consumer (D2C) revenue in the second quarter, with the earnings report saying that sector had seen revenue rise 8% to hit $597.4 million, with revenue being 41.2% of the total revenue. D2C sales also doubled in 2020 for the company and were half of the company's annual revenues.
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