PayPal's Challenging Transition Year
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PayPal Holdings Inc. is facing another difficult year, as BofA Securities analyst Jason Kupferberg downgrades the company’s shares to neutral from buy….
DS Smith to Report First Half Fiscal 2024 Results
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DS Smith, the London-listed packaging company, is set to unveil its financial results for the first half of fiscal 2024 on Thursday….
U.S. Stocks Open Higher Despite Weak Employment Data
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U.S. stocks opened higher on Wednesday after the Dow experienced back-to-back declines for the first time in a month. Despite weak employment…
Toll Brothers Reports Quarterly Profit and Revenue Decline
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Toll Brothers Inc. announced on Tuesday a decrease in quarterly profit and revenue. However, the builder remains positive about the future, citing…
U.S. Stocks Show Mixed Performance
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U.S. stocks experienced a mixed day of trading on Tuesday, as the Dow Jones registered consecutive losses for the first time in…
Confidence Building in Wall Street Deal Making
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Goldman Sachs Group Inc. expresses optimism regarding deal making on Wall Street as the investment bank looks ahead to the upcoming year….
Qatar's Sovereign Wealth Fund Initiates Sale of Stake in Barclays
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According to Reuters, Qatar Holding plans to sell off 362 million shares in Barclays, valued at approximately £510 million ($657 million). The…
CVS Health Exceeds Revenue Estimates for Fiscal 2024
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CVS Health, the retail pharmacy giant, has provided promising revenue guidance for fiscal year 2024, surpassing analysts’ estimates. The company anticipates earnings…
Tesla Faces Industrial Action in Sweden
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Denmark’s largest union, 3F, has announced its support for striking Swedish mechanics in their bid to secure a collective bargaining agreement with…
Israel Intensifies Bombardment in Khan Younis, Gaza Strip
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Israel has ramped up its assault on the city of Khan Younis in the Gaza Strip, causing a surge of wounded individuals…
Allegations Against San Francisco Robotaxi Service
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California regulators have accused a San Francisco robotaxi service owned by General Motors of concealing the seriousness of an accident involving one…
Are Wall Street’s Estimates for Alphabet's Fourth Quarter Too High?
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Mizuho analyst James Lee questions the accuracy of Wall Street’s estimates for Alphabet’s fourth quarter. In a recent research note, Lee expresses…