Tag: Stocks
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York Space Systems prepares to become Denver’s next public company
York Space Systems, the Denver-based aerospace company, took its first steps to go public. The company filed documents to set up an initial public offering with the Securities and Exchange Commission on Monday, the first formal step toward offering shares of the company publicly. York plans to list its stock on the New York Stock…
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Denver-based Palantir saw record earnings, but AI bubble fears hit stock
Palantir Technologies Inc., the artificial intelligence and data software company based in Denver, had the best financial quarter in its history. Yet, its stock took a hit Tuesday. The company announced its revenues grew by 63% year-over-year to nearly $1.2 billion in its third quarterly earnings report released Monday. Most of Palantir’s growth was in…
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US stocks and gold sink, while meme stocks swerve, as Wall Street’s momentum slams into reverse
NEW YORK (AP) — U.S. stocks and the price of gold are falling on Wednesday, as momentum on Wall Street slams into reverse. The S&P 500 sank 1% and is on track for one of its worst days of the past few months, though it’s still close to its all-time high set earlier this month.…
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US stocks drop toward worst day since April after Trump threatens more tariffs on China
NEW YORK (AP) — A monthslong calm on Wall Street is shattering Friday, and U.S. stocks are falling after President Donald Trump threatened to crank tariffs much higher on China. The S&P 500 sank 2% and was heading toward its worst loss since April. The Dow Jones Industrial Average dropped 598 points, or 1.3%, after…
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Denver investment fund manager sentenced to six years for fraud
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Facebook Twitter WhatsApp SMS Email Print Copy article link Save A Denver man was sentenced to six years in prison Friday for nearly $1 million of financial fraud and theft. Jason Lobins, founder of The Lobins Group, plead guilty to one count of securities fraud and one count of theft, according to a news release…