Category: Latest News
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U.S. internet stocks: Can the optimism be sustained? Bernstein weighs in
Heading into the second-quarter earnings season, U.S. internet stocks have experienced a strong rally, supported by slight improvements in gross merchandise volume (GMV) growth and favorable currency shifts, Bernstein reports. However, the future remains uncertain. “Internet stocks have rebounded sharply along with the broader market,” Bernstein noted, adding that “the group feels more own-able into…
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Global Markets Weekly Update
U.S. Inflation Rises as Strong Earnings Lift Markets United States Stocks Hit New Highs on Earnings StrengthU.S. equities rallied, with the S&P 500 and Nasdaq Composite reaching fresh record highs, supported by strong corporate earnings and generally positive economic data. The small-cap Russell 2000 also posted gains, while the Dow Jones Industrial Average and S&P…
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Stock Market Today: S&P 500 Ends Flat Amid Fresh EU Tariff Concerns
U.S. stocks finished mixed Friday, with the S&P 500 closing virtually unchanged, as renewed fears of a trade war with Europe weighed on sentiment. Despite the flat finish, the index still posted a weekly gain. At the closing bell, the Dow Jones Industrial Average slipped 142 points, or 0.3%, the S&P 500 was nearly unchanged,…
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U.S. Stocks Close Little Changed Following Lackluster Session
Stocks showed a lack of direction over the course of the trading session on Friday, with the major averages bouncing back and forth across the unchanged line after failing to sustain an initial move to the upside. The major averages eventually ended the day narrowly mixed. While the Nasdaq inched up 10.01 points or 0.1…
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Netflix shares drop over 4% despite strong Q2 results and raised annual revenue outlook
Netflix (NASDAQ:NFLX) shares declined more than 4% in early Friday trading in the U.S., despite reporting solid second-quarter earnings and lifting its full-year revenue guidance. The results, however, fell short of the higher expectations set by some analysts. The company benefited from the success of the final season of its blockbuster series Squid Game, along…
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Humana stock falls to 52-week low of $212.33 amid sector challenges
Humana Inc. (NYSE:HUM) saw its share price drop to a 52-week low of $212.33, reflecting a steep 42.3% decline over the past year. Despite the pullback, the company’s price-to-earnings ratio of 15.75 suggests the stock may offer an attractive valuation opportunity for investors. The healthcare provider has faced several market headwinds contributing to the sharp…
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Dollar Tree stock climbs to 52-week high at $109.74, fueled by strong sales and strategic moves
Dollar Tree Inc. (NASDAQ:DLTR) reached a new 52-week peak of $109.74, reflecting the company’s strong momentum in the retail sector. With a market value of $22.85 billion, the stock has surged 50% over the past six months and gained over 44% year-to-date, signaling solid investor confidence. This upward trend comes as Dollar Tree continues to…
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TE Connectivity shares climb to record high of $179.45 amid strong earnings and upbeat outlook
TE Connectivity (NYSE:TEL) hit a new all-time high, closing at $179.45, underscoring the tech company’s robust market standing and growth momentum. With a market cap exceeding $53 billion, the stock has delivered a solid 15.5% return over the past 12 months, and an impressive 25.3% gain year-to-date. Investors have responded positively to TE’s consistent performance,…
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Molina Healthcare shares slide to 52-week low of $200.17 amid sector pressures
Molina Healthcare Inc. (NYSE:MOH) saw its stock fall to a fresh 52-week low of $200.17, reflecting ongoing challenges in the healthcare industry. Despite solid financial footing and a balance sheet with more cash than debt, the company’s shares have declined roughly 30% over the past year. This drop signals both sector-wide headwinds and company-specific hurdles…
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Coinbase Stock Hits 52-Week High Amid Crypto Momentum and Strategic Gains
Coinbase Global Inc. (NASDAQ:COIN) climbed to a 52-week high of $419.94, marking a key milestone for the crypto exchange as investor sentiment around digital assets continues to improve. The company’s market capitalization now stands at $104.62 billion, fueled by a 76.11% return over the past year and 76.45% revenue growth, signaling strong operational performance and…