Atlassian Corp. TEAM, + 0.29% Shares fell in the extended session on Thursday after the cloud-based business software company’s earnings outlook fell below Wall Street expectations as quarterly results beat estimates. Atlassian shares fell 8% after hours, after a 0.3% rise in the regular session to close at $ 187.66. …
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Investors have focused on a surge in record gold prices, but silver rose roughly 25% in July, the metal’s second-highest recorded monthly gain, and is still undervalued compared to the yellow metal. “Silver is often called ‘poor man’s gold’ because some of the same factors that drive gold prices up …
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Do not believe the exaggeration. That’s the message from Sharmin Mossavar-Rahmani, director of private wealth management investments at Goldman Sachs, who thinks gold is too expensive and doesn’t have a clear role in the portfolios of his private clients. Our view is that gold is only appropriate if you have …
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Amazon.com Inc. Chief Executive Jeff Bezos promised to spend the expected profits amid a huge surge in sales related to the COVID-19 pandemic, but sales grew so fast that it ended with record profits. Amazon AMZN, + 0.60% reported second-quarter earnings of $ 5.2 billion, or $ 10.30 a share, …
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Apple Inc. is planning a 4-for-1 stock split and has major implications for the Dow Jones Industrial Average, of which it is a key component. The iPhone maker announced Thursday that its board approved the stock split. The division will affect registered owners beginning August 24 and Apple AAPL shares, …
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