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Nov 01 2024BUSINESS

Stock Shake-Up: Tech and Travel Giants React to Unexpected Earnings

Today was full of surprises as several big names in tech and travel reported their earnings. Let's start with Carvana, the online used car dealer that zoomed ahead with a 19% stock boost. Why? They did better than expected in the third quarter, earning more money and bringing in more revenue than an

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Nov 01 2024BUSINESS

Chip Giant Intel's Surprising Q3 Results: A Turning Point?

Intel, a major player in the tech world, had a quarter that surprised everyone. Their shares jumped 9% after hours on Thursday due to better-than-expected revenue. Pat Gelsinger, Intel's CEO, has been facing a tough time with the company's performance, but the latest numbers brought some relief. The

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Oct 31 2024FINANCE

Coinbase's Stock Drops: Crypto Market Slump Takes a Toll

Coinbase, a big player in the cryptocurrency world, had a rough third quarter. Their stock took a hit, dropping by 4% after the market closed. Why? Well, crypto trading was pretty quiet, and that's not good news for a company that makes money from people buying and selling digital currencies. The c

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Oct 31 2024BUSINESS

Markets Watch BOJ Decision and China PMI

Investors in the Asia-Pacific region are keeping a close eye on a couple of big events today. First up is the Bank of Japan's (BOJ) rate decision. Experts think the BOJ will keep rates steady at 0. 25%, but everyone will be scrutinizing the statement for any hints about the next rate hike. Meanwhile

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Oct 31 2024BUSINESS

Microsoft's Mixed Q1: Strong Earnings, Lower Stock

Microsoft recently shared its fiscal first quarter earnings, and while they beat expectations, the future looks a bit cloudy. The tech giant made $3. 30 per share and raked in $65. 59 billion in revenue, both higher than predicted. That's a 16% yearly increase in revenue. But the stock dipped 4% aft

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Oct 31 2024BUSINESS

Stock Shifts: A Closer Look at Key Players and Their Surprises

Let's take a peek at some big names in the stock market that made waves after regular trading hours. Microsoft took a dip of nearly 4%, disappointing investors with revenue expectations for the next quarter. Analysts had hoped for a bit more, around $69. 83 billion, but Microsoft was thinking more a

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Oct 30 2024FINANCE

The Stock Market's New Darlings: Snap, Reddit, and Alphabet

Imagine starting your day like millions of people: waking up, commuting to work, and scrolling through social media. You laugh at cute cat pictures on Reddit, search for random facts on Google, and watch funny cat videos on YouTube. These routine activities might seem unrelated to stocks and finance

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Oct 30 2024FINANCE

Eli Lilly's stocks take a hit: Should you worry?

Eli Lilly's recent earnings report wasn't great, with stocks falling after missing growth targets. But don't panic just yet. The dip could be a chance to buy. Think of it like a rollercoaster: there are ups and downs, but the long-term view is what counts. The company had a messy quarter, but it's a

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Oct 30 2024CRYPTO

Bitcoin Hits $70, 000 Again: What's Next?

Bitcoin briefly touched $70, 000 on Monday, a peak not seen since June. This happened as investors kept an eye on MicroStrategy's earnings and the upcoming U. S. presidential election. Stocks linked to bitcoin, like Coinbase and MicroStrategy, showed mixed reactions in late trading. Coinbase rose by

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Oct 30 2024BUSINESS

Pfizer's Surprising Q3 Win: Paxlovid and Vaccines Boost Sales

Pfizer recently shared impressive Q3 results that overshot expectations, thanks to its Covid vaccine and antiviral pill, Paxlovid. The drug giant raised its earnings and revenue projections for the year. Despite the positive news, shares dropped by over 2%. Pfizer's CEO, Albert Bourla, is under pres

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