Author: Admin
5 things to know before the stock market opens Wednesday
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, October 7, 2022. Brendan McDermid | Reuters Here are the most important news items that investors need to start their trading day: 1. All mixed up The S&P 500 and the Nasdaq were on a five-day losing streak heading into […]
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Demand for riskier home loans is high as interest rates soar
Mortgage demand dropped again last week as rates climbed higher, but one type of loan is attracting borrowers. Adjustable-rate mortgages, or ARMs, which offer lower rates, are seeing renewed demand after getting very little interest over the last decade. Total mortgage application volume dropped 2% last week compared with the previous week, according to the […]
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United adds new trans-Atlantic flights for summer 2023 in bet on travel recovery
Boeing 777ER United Airlines. Aircraft to Fiumicino Leonardo da Vinci Airport. Massimo Insabato | Mondadori Portfolio | Getty Images United Airlines is planning another big schedule increase for trans-Atlantic travel, in a bet that consumers will continue to shell out for international trips, some of which they had put off for years. Next summer, United […]
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Stocks making the biggest moves premarket: PepsiCo, Intel, Philips and more
In this article CCO-CA PHIA-NL INTC PEP Follow your favorite stocksCREATE FREE ACCOUNT watch now VIDEO1:2501:25 News Update – Pre-Markets News Briefing Check out the companies making headlines before the bell: PepsiCo (PEP) – The snack and beverage maker reported an adjusted quarterly profit of $1.97 per share, 13 cents above estimates, with revenue also […]
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Major League Baseball strikes sponsorship deal with CBD maker Charlotte’s Web
A MLB logo is seen before a game between the Oakland Athletics and the Los Angeles Angels at Angel Stadium of Anaheim on May 22, 2022 in Anaheim, California. Ronald Martinez | Getty Images Major League Baseball is getting into the CBD game. The league is teaming up with Charlotte’s Web Holdings Inc., a maker […]
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Amazon cost cuts under Jassy reflect changing reality after 25 years of growth over profit
Andy Jassy, CEO of Amazon and then CEO of Amazon Web Services, speaks at the WSJD Live conference in Laguna Beach, California, October 25, 2016. Mike Blake | Reuters Throughout its first 25 years as a public company, Amazon has operated under a singular mantra, often to the chagrin of Wall Street: growth is more […]
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UBS upgrades Norwegian Cruise Line to buy, claims shares can rally almost 30% as bookings make improvements to
After a rough patch, UBS thinks it really is time for buyers to load back again up on shares of Norwegian Cruise Line . “We are upgrading NCLH to invest in from neutral provided the significant advancement in bookings in its Q3 preview, showing it has caught up to the other cruise lines in occupancy […]
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PepsiCo hikes forecast after third-quarter earnings, revenue top expectations
A woman grabs a bottle of Diet Pepsi in Atlanta, Georgia. Chris Rank | Bloomberg | Getty Images PepsiCo hiked its forecast for the year Wednesday morning after reporting third quarter earnings and revenue that beat analyst expectations. Shares were up about 3% in pre-market trading. Here’s how the owner of Mountain Dew, Gatorade and […]
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Leak detected on a further Russian pipeline connecting to Europe, but Poland states it seems accidental
PERN mentioned pumping on the weakened Druzhba line, which delivers oil to Germany, was right away switched off and the scene experienced been secured. Omar Marques | Getty Photographs Information | Getty Visuals Polish pipeline operator PERN said Wednesday that a leak detected on just one of its Druzhba pipelines bringing oil from Russia to […]
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Former Google ads manager launches ‘Web3’ lookup startup with backing from Coinbase, leading VCs
Essential Factors Sridhar Ramaswamy, who led Google’s promotion organization from 2013 to 2018, has launched a Net3 company termed nxyz. Nxyz trawls blockchains and their related purposes for facts on issues like NFTs and crypto wallets, and then streams it to developers in real-time. The organization raised $40 million in a funding spherical led by […]
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