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It looks like better times are ahead for PayPal $PayPal (PYPL.US)$ after a rough patch for the past few years.
The payments company has been hurt by increased competition from Apple; Google's owner Alphabet and Block, the parent of Square and the Cash App. All of them offer mobile payment services that compete with PayPal's popular Venmo.
The rise of Stripe, a private company valued at $70 billion, has put a dent into PayP...
The payments company has been hurt by increased competition from Apple; Google's owner Alphabet and Block, the parent of Square and the Cash App. All of them offer mobile payment services that compete with PayPal's popular Venmo.
The rise of Stripe, a private company valued at $70 billion, has put a dent into PayP...
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$Apple (AAPL.US)$ investors and speculators are rushing to put options that could shield the holders against continued stock slump after analysts flagged demand concerns for the new iPhone 16.
Shares of the tech giant fell 2.9% to $215.97 at 11:59 a.m. in New York Friday after analysts from TF Securities, Barclays, JPMorgan and Bank of America reportedly cited expressed concerns over potentially weaker demand for iPhone 16 Pro ...
Shares of the tech giant fell 2.9% to $215.97 at 11:59 a.m. in New York Friday after analysts from TF Securities, Barclays, JPMorgan and Bank of America reportedly cited expressed concerns over potentially weaker demand for iPhone 16 Pro ...
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S-Reits saw a net institutional inflow exceeding S$90 million in August, marking the second consecutive month of positive net inflows following July's S$15 million. In contrast, the first half of the year primarily experienced net outflows.
The iEdge S-REIT Index recorded positive returns for the second month, rising by 5.83% in August, following a 6.19% increase in July. This brings the total gain for the initial two months of the ...
The iEdge S-REIT Index recorded positive returns for the second month, rising by 5.83% in August, following a 6.19% increase in July. This brings the total gain for the initial two months of the ...
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Among the three major U.S. stock indices, the $Dow Jones Industrial Average (.DJI.US)$ often gets overshadowed by the $S&P 500 Index (.SPX.US)$ and $Nasdaq Composite Index (.IXIC.US)$ . However, since July, the Dow has not only outpaced these two indices but also reached an all-time high on August 30.
This shift suggests that funds might be moving out of tech stocks and into traditional industries.
Considering this trend could continue, it may be a good tim...
This shift suggests that funds might be moving out of tech stocks and into traditional industries.
Considering this trend could continue, it may be a good tim...
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The market continued its growing trend Thursday after turning around Wednesday. It was a slower day for stock news, and despite higher PPI inflation data month over month, investors seemed excited that the FOMC may introduce rate cuts next Wednesday.
Just past the 4 pm ET close, $S&P 500 Index (.SPX.US)$ climbed 0.75% the $Dow Jones Industrial Average (.DJI.US)$ climbed 0.58%, and the $Nasdaq Composite Index (.IXIC.US)$ climbed 1...
Just past the 4 pm ET close, $S&P 500 Index (.SPX.US)$ climbed 0.75% the $Dow Jones Industrial Average (.DJI.US)$ climbed 0.58%, and the $Nasdaq Composite Index (.IXIC.US)$ climbed 1...
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$Restoration Hardware (RH.US)$ rose more than 20% after hours Thursday after the home-furnishings retailer beat analyst estimates for its fiscal Q2 earnings and revenues.
RH gained 20.5% to $309 shortly before 4:30 p.m. ET after the firm reported $1.69 in adjusted earnings per share on $829.7 million in revenues during the three months ended Aug. 3. The results reportedly beat analysts' consensus forecast of $1.61 adjusted EPS and $...
RH gained 20.5% to $309 shortly before 4:30 p.m. ET after the firm reported $1.69 in adjusted earnings per share on $829.7 million in revenues during the three months ended Aug. 3. The results reportedly beat analysts' consensus forecast of $1.61 adjusted EPS and $...
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Set a live reminder
Central Bank actions can significantly influence market movements. On September 18, the US Federal Reserve is expected to unveil the first of what many analysts believe will be a series of interest rate reductions.
This anticipated easing has been a key driver behind the recent strong performance in share markets, both in the US and globally. However, despite the near certainty of lower interest rates, predicting market responses remains challeng...
This anticipated easing has been a key driver behind the recent strong performance in share markets, both in the US and globally. However, despite the near certainty of lower interest rates, predicting market responses remains challeng...
How will US rate cuts influence the global market?
Sep 18 17:00
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Last week, the U.S. ADP report and non-farm payroll data for August were released, indicating a slowdown in the labor market.
– Private employment: 99k (Actual), 145k (Expected);
– Non farm payrolls: 142k (Actual), 165k (Expected);
– Unemployment rate: 4.2% (2024/8) , 3.7% (2023/8).
Investor concerns about a potential recession in the U.S. have intensified, leading to a collective decline in the three major U.S. stock...
– Private employment: 99k (Actual), 145k (Expected);
– Non farm payrolls: 142k (Actual), 165k (Expected);
– Unemployment rate: 4.2% (2024/8) , 3.7% (2023/8).
Investor concerns about a potential recession in the U.S. have intensified, leading to a collective decline in the three major U.S. stock...
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$Oxford Industries (OXM.US)$ fell some 10% after hours Wednesday after the parent firm of Tommy Bahama and other clothing brands missed analyst estimates for fiscal Q2 earnings and sales and lowered its full-year guidance.
OXM shed 9.7% to trade at $75.55 shortly before 5 p.m. ET after reporting $2.77 in adjusted earnings per share for the three months ended Aug. 3 – missing the $3 that analysts...
OXM shed 9.7% to trade at $75.55 shortly before 5 p.m. ET after reporting $2.77 in adjusted earnings per share for the three months ended Aug. 3 – missing the $3 that analysts...
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After falling in the morning, the market rebounded in the afternoon after semiconductor prices pulled the S&P 500 and Nasdaq higher. CPI inflation data showed the lowest price increase for three years, and markets reacted to debate comments. Seven out of 11 S&P 500 sectors climbed, and the Nasdaq climbed 3% from its intraday low.
Just past 4 pm ET the $S&P 500 Index (.SPX.US)$ traded +1.07%, the $Dow Jones Industrial Average (.DJI.US)$ fell just...
Just past 4 pm ET the $S&P 500 Index (.SPX.US)$ traded +1.07%, the $Dow Jones Industrial Average (.DJI.US)$ fell just...
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