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Coinbase shares fall after rival Binance.US drops spot bitcoin trading fees
Monitors display Coinbase signage during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, U.S., on Wednesday, April 14, 2021. Michael Nagle | Bloomberg | Getty Images Coinbase shares fell almost 10% on Wednesday after rival crypto exchange Binance.US said it’s dropping certain trading fees for customers. Binance.US, the U.S. affiliate […]
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Cramer says investors can buy stock of this software company as a speculative pick
CNBC’s Jim Cramer on Monday said that investors have his permission to buy shares of software company Mitek Systems as a speculative play. “Mitek’s genuinely cheap on an earnings basis, which is why it’s … one I’m willing to bless for speculation in what is otherwise an extremely hostile environment,” the “Mad Money” host said. […]
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5 things to know before the stock market opens Thursday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Futures essentially flat following Wednesday’s declines Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, June 3, 2022. Brendan McDermid | Reuters U.S. stock futures were essentially flat Thursday, as […]
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Stocks making the biggest moves midday: Target, Kohl’s, Peloton and more
FILE PHOTO: Shoppers exit a Target store during Black Friday sales in Brooklyn, New York, U.S., November 26, 2021. Brendan Mcdermid | Reuters Check out the companies making headlines in midday trading. Target — Shares of the retailer fell more than 4% after the company said it will take a short-term hit to profits as […]
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Apple is turning your iPhone into fintech service taking on PayPal, Affirm and more
Apple Pay Later Courtesy: Apple Inc. Apple is turning into a fintech company. The company announced several new features for the iPhone’s Wallet app at its developers conference Monday that directly compete with products from other fintech companies like Affirm and PayPal. The big one: a buy now, pay later service called Apple Pay Later. […]
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Stocks making the biggest moves in the premarket: Target, J.M. Smucker, Kohl’s and more
Take a look at some of the biggest movers in the premarket: Target (TGT) – Target announced a series of moves to “right-size” its inventory levels, including additional markdowns and canceling orders. It cut its operating margin guidance for the current quarter to 2% from the prior 5.3% but said the margin would recover to […]
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Stocks making the biggest moves midday: Target, Lowe’s, TJX and more
Shoppers walk in front of a Target store at the Lycoming Crossing shopping plaza in Muncy, Pennsylvania. Sopa Images | Lightrocket | Getty Images Check out the companies making headlines in midday trading. Target – Shares plunged 25.6% after the retailer reported disappointing quarterly results, citing high fuel costs and inventory troubles. Target posted an […]
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Jack Dorsey outlines Block’s bitcoin-centric future at first investor day in five years: ‘No longer just a payments company’
Twitter CEO Jack Dorsey addresses students during a town hall at the Indian Institute of Technology (IIT) in New Delhi, India, November 12, 2018. Anushree Fadnavis | Reuters Block executives no longer want the firm to be seen as a payments pure play. The San Francisco-based company held its first investor day in five years […]
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Expect a rally Wednesday if there’s good news from retail giants and China, Jim Cramer says
CNBC’s Jim Cramer on Tuesday said that investors should keep an eye on retailer earnings and Covid news from China as indicators for how Wednesday’s trading session will go. If we get more good news from China tonight “along with fine quarters from Target and Lowe’s … we’re going to have another one of these […]
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Cramer’s lightning round: BigCommerce is not a buy
“Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed. Source
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