For those of a certain age, a tune sung by The Happenings — See You in September — might resonate with regard to the Federal Reserve. Most analysts now expect the Fed to hold rates in a range between 5.25% and 5.50% until September, with some concern there will be no rate cuts this year.
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Loading… Loading… Investment and trading platform Moomoo partnered with Nasdaq, offering its users a complimentary three-month subscription to Nasdaq TotalView. With TotalView, users can access every quote and order at every price level in Nasdaq-, NYSE-, NYSE American-, and regional-listed securities trading on Nasdaq. This includes 60-level bid and ask quotes, offering more than 20
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Down but not out — Putting Microsofts cratering Xbox console sales in context Why declining quarterly numbers might not be awful news for Microsoft’s gaming business. Kyle Orland – Apr 26, 2024 9:31 pm UTC Enlarge / Scale is important, especially when talking about relative console sales.Aurich Lawson | Getty Images reader comments 189 Yesterday,
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Loading… Loading… Needhamanalyst Kyle Peterson initiated coverage onAffirm Holdings IncAFRM witha Hold rating. Affirm is a leading provider of buy now, pay later (BNPL) services, with a broad range of product offerings and notable partnerships, most notably withAmazon.Com IncAMZN andShopify IncSHOP , the analyst noted. While Peterson flagged Affirms diverse product suite and expects the
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Loading… Loading… Kaspi.kz JSC ADR KSPI witnessed a 7% decline in its shares on Monday, April 8 after severe flooding struck rural regions of Kazakhstan. Such occurrences are not uncommon in Kazakhstan. However, the flooding is reported to be the worst natural disaster to hit the nation in 80 years, according to President Kassym-Jomart Tokayev.
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Loading… Loading… Benzinga spoke with Mehrak Hamzeh, the chief technology officer of AppTech Payments Corp APCX , about the future of fintech. "Fraud prevention and AI are essential," Hamzeh says. "We can monitor behaviors, detect unusual activities like keystrokes or device orientation, flag anomalies, and raise alerts for fraudulent activities." Here's an edited transcript of
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PayPal Holdings, IncPYPL has introduced Tap to Pay onApple IncAAPL iPhone for Venmo business profile and PayPal Zettle users in the U.S., allowing users to accept contactless payments directly on their iPhones withoutextra cost or hardware. This initiative is part of PayPals commitment to helping small businesses expand their sales, grow their operations, and improve
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Loading… Loading… Banking regulators are investigating whether index-fund giantsBlackRock IncBLK ,Vanguard, andState Street CorporationSTT adhere strictly to their passive roles in U.S. bank investments. These firms manage over $23 trillion, much of it in funds mirroring indexes like the S&P 500. BlackRock and Vanguard possess over 10% of shares in numerous banks, a threshold usually
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Loading… Loading… ARK Investment Management LLC predicts that five disruptive technologies could reach a total market value of $220 trillion by 2030. According to the latest white paper, Platforms Of Innovation How Converging Technologies Should Propel A Step Change In Economic Growth, the Cathie Wood-led investment company explores the ascendance of five critical technologies: Artificial
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In a recent report, global wealth manager UBS identified the sectors likely to drive the next wave of technological innovation and the stocks that stand to benefit. What Happened: UBS has pinpointed artificial intelligence (AI), cybersecurity, health tech, Greentech, and fintech as the sectors that will produce the next big thing in tech. The bank
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Loading… Loading… SoFi Technologies Incs SOFI CEO Anthony Noto appeared on CNBCs Mad Money to shed light on the companys strategies to bolster its financial position and reignite stock momentum. Here are some key highlights Noto told host Jim Cramer: Profitability Outlook: SoFi projects a full-year GAAP profitability in 2024, reflecting the companys commitment to
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Alphabetannounced its first-ever dividend on Thursday and a $70 billion stock buyback, cheering investors who sent the stock surging nearly 16% after the bell. The Google parent is returning capital while spending billions of dollars on data centers to catch up with rivals on generative artificial intelligence. The dividend will be 20 cents per share. Just three
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Loading… Loading… Investment and trading platform Moomoo partnered with Nasdaq, offering its users a complimentary three-month subscription to Nasdaq TotalView. With TotalView, users can access every quote and order at every price level in Nasdaq-, NYSE-, NYSE American-, and regional-listed securities trading on Nasdaq. This includes 60-level bid and ask quotes, offering more than 20
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Microsoftbeat Wall Street estimates for third-quarter revenue and profit on Thursday, driven by gains from adoption of artificial intelligence across its cloud services, and the company’s shares jumped more than 4% in extended trade. Executives forecast ranges for current quarter cloud revenue that were mostly above Wall Street targets. The rise inMicrosoftshares after the bell
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Scotland’s beleaguered first minister Humza Yousaf is considering quitting ahead of crunch votes of no confidence expected this week. Yousaf, who faces two attempts to bring down his premiership and government, is set to decide
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