2024

Following reports of increased U.S. trade scrutiny against China, most Asian stocks experienced a decline on Wednesday. The anticipation of more cues on inflation and the Federal Reserve also contributed to the negative sentiment. Despite record-high closes on the S&P 500 and the NASDAQ Composite, regional stocks struggled to stay afloat. China's Shanghai Shenzhen CSI
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Affirm Holdings saw a nearly 7% increase in its stock following the announcement that its buy now, pay later loans will be integrated into Apple Pay, providing another payment option for U.S. Apple users. This move is expected to boost Affirm's reach and popularity among consumers, potentially driving further growth in the future. General Motors
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Godzilla x Kong: The New Empire has taken the global box office by storm, becoming the highest grossing movie in the Legendary and Warner Bros Monsterverse franchise with $570M worldwide. This surpasses the previous Monsterverse champion, 2017's Kong Skull Island, which earned $568.6M. The film has brought in $373.7M internationally and $196.3M domestically, solidifying its
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Investors are eagerly watching the performance of off-price retailer Burlington Stores (BURL), as it continues to impress with its positive financial results. The first quarter of fiscal 2024 saw the company post upbeat numbers, leading to an increase in profit margin and earnings outlook for the full year. This positive news prompted Jefferies analyst Corey
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China's exports saw a significant increase in May, marking the second consecutive month of growth. This growth, which amounted to a 7.6% year-on-year increase in export value, signifies that factory owners in China are successfully finding buyers overseas. These positive export figures have provided some relief to the economy as it continues to strive for
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Bath & Body Works recently experienced a significant drop in their stock price, with a 14% decline marking their worst day since 2021. This decline followed the release of first-quarter earnings and revenue that beat estimates, however, the company offered a disappointing outlook for the second quarter. With earnings expected to be lower than anticipated,
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Monzo, a prominent British digital challenger bank, recently made headlines by announcing its first full year of profitability. According to the fintech startup's annual financial report, it recorded pre-tax profits of £15.4 million ($19.6 million) in the 2023-2024 fiscal year. This achievement marked a significant turnaround from the previous year, where Monzo suffered a loss
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As tumultuous markets continue to create uncertainty for investors, seeking out dividend-paying stocks can provide stability and reliable income. One such stock that stands out among Wall Street analysts is tech giant IBM. Despite announcing mixed first-quarter results, IBM's earnings surpassed expectations, while revenue fell short due to macroeconomic challenges. In addition, the company recently
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