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Finance and payments company PayPal Holdings PYPL reported first quarter financial results after market close Monday. Here are the key highlights. What Happened: PayPal reported first-quarter revenue of $7.04 billion, which was up 9% year-over-year. The revenue beat a Street consensus estimate of $6.98 billion, according to data from Benzinga Pro. The company reported earnings
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In December of last year, Gartner forecasted that 60% of financial institutions would be looking for composable finance solutions by 2024. Rather than out-of-the-box tech, composable software gives users a library of pre-built modular components that each perform specific functions. This allows users to pick and choose the components they want to essentially build their
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Major cryptocurrencies traded slightly in the green on Thursday evening as investors focused on the upcoming monetary policy decision by the Federal Reserve next week.CryptocurrencyGains +/-Price (Recorded 9:30 p.m. EST)Bitcoin BTC/USD +0.38%$26,537Ethereum ETH/USD +0.43%$1,846Dogecoin DOGE/USD +0.42%$0.067 What Happened: Bitcoin continued to hold strong despite facing numerous obstacles, including recent SEC lawsuits against Binance and Coinbase,
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Trading platform Webull celebrated its five-year anniversary by releasing new innovative features that utilize artificial intelligence (AI) to suggest investment portfolios based on user responses to a risk assessment. Webull 9.0 introduces new content and more sophisticated tools such as Sage Tracker, which allows clients to monitor the investment activities of leading institutional investors, and
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In April, total card expenditure per household was down 1.2% year on year, as measured by Bank of Americaaggregated credit and debit cards. Thisfollows the trend seen inconsumer prices. The credit card data captured by Bank of America markedthe first decline in card spending since February 2021. Why It Matters: A reduction in household credit
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Trading platform Webull celebrated its five-year anniversary by releasing new innovative features that utilize artificial intelligence (AI) to suggest investment portfolios based on user responses to a risk assessment. Webull 9.0 introduces new content and more sophisticated tools such as Sage Tracker, which allows clients to monitor the investment activities of leading institutional investors, and
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It’s the features, stupid — EV market share is growing because the vehicles keep getting better New research finds plenty of reasons for the appeal of EVs Dan Gearino, Inside Climate News – Jun 8, 2023 1:21 pm UTC Enlargehttps://www.gettyimages.com/detail/photo/recharging-station-royalty-free-image/516332653 reader comments 108 with Electric-vehicle market share has soared in the last decade, but there
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In December of last year, Gartner forecasted that 60% of financial institutions would be looking for composable finance solutions by 2024. Rather than out-of-the-box tech, composable software gives users a library of pre-built modular components that each perform specific functions. This allows users to pick and choose the components they want to essentially build their
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