Daily Trade

Fintech stocks in 2024 are attracting plenty of attention in the financial markets. Driven by rapid technological advancements, the fintech sector is revolutionizing. Major financial institutions are now harnessing the power of fintech, integrating groundbreaking solutions into their operations. This trend underscores a transformative phase in finance. The trend marries traditional models with cutting-edge technology
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Last week, the Federal Reserve’s interest rate decision and the latest non-farm payroll (NFP) data dictated the stock market’s performance. During heightened volatility, a handful of stocks stood out due to intense price momentum, which may continue into the coming week due to company-specific events. Regional banks attracted renewed scrutiny after New York Community Bancorp’s
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Tesla (NASDAQ:TSLA) stock has had a rough start to the year after reporting its Q4 and full year 2023 financial results. My initial Tesla stock analysis suggests Wall Street was particularly disappointed with Tesla’s lack of clarity regarding the company’s plan for the future. Tesla is currently navigating through a challenging macroeconomic environment. Rising interest
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Industrial stocks encompass a wide variety of industries. These include.s aerospace and defense, transportation services, logistics, agriculture, construction and engineering, building products and electrical components. It is a sector that is great for investors looking for a plentiful amount of companies to grow their investment portfolio. Manufacturing, whether cars, medical devices, highways, or airplanes, is a
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Hertz Global Holdings Inc.’s stock reversed early losses to trade up 8% on Tuesday, as executives on the company’s earnings call outlined plans to return to profitability after a bigger-than-expected fourth-quarter loss. As expected, Estero, Fla.-based Hertz HTZ, +8.47% booked $245 million of charges relating to plans to reduce its electric-vehicle fleet, a move it
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It’s not just worries about high interest rates and commercial real estate that are plaguing regional banks in the U.S., according to DataTrek Research. “U.S. regional banks have been a rough corner of the market for many years,” Nicholas Colas, co-founder of DataTrek Research said in a note emailed Tuesday. “With dividend yields well below
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For decades, the NFL was hesitant to be involved with the gambling industry. But in recent years it has agreed to partnerships with FanDuel FLUT, -0.76%, DraftKings DKNG, -0.08% and Caesars CZR, +2.62% as more states legalized sports betting. And this season, for the first time, the Super Bowl will be played in Las Vegas,
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Treasury yields extended their declines into Tuesday’s afternoon session as traders weighed fresh comments from another Federal Reserve official who warned against cutting policy interest rates too hastily. What’s happening The yield on the 2-year Treasury BX:TMUBMUSD02Y dropped 9.1 basis points to 4.379% from 4.470% on Monday. The yield on the 10-year Treasury BX:TMUBMUSD10Y fell
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New York Community Bancorp.’ s stock resumed its slide on Tuesday after a report that its chief risk officer has departed the company and comments from Treasury Secretary Janet Yellen about the challenges posed by regional banks. The stock NYCB, -16.57% dropped 14% to $4.63 a share in recent trading. Earlier it fell about 15%
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Eli Lilly and Co.’s fourth-quarter sales and profit beat expectations as its newer diabetes and obesity medications gained broader insurance coverage. About 90% of U.S. Type 2 diabetes patients with commercial insurance or Medicare Part D prescription-drug plans now have access to Lilly’s diabetes drug Mounjaro, the drugmaker said, while about one-third of people with
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In the ever-evolving urban landscape, savvy investors are focusing on urban development stocks poised to capitalize on emerging trends. Retail sector growth is at the forefront, with a solid uptick in retail tenant demand, while the hybrid work model has cemented its place in the corporate world. Simultaneously, the integration of AI in real estate
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Of all the articles I’ve read about retirement recently, the most intriguing was Fast Company’s “‘Flextirement’ is the future of work.” But what the heck is “flextirement”?  I spoke to some experts on the topic: Neil Costa, the writer of the Fast Company article and the one who coined the term flextirement; Cheryl Evans, director
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Boeing Co. assuaged investors’ fears for the moment on Wednesday, as the aerospace and defense giant’s fourth-quarter results beat Wall Street expectations in all of the key metrics, amid strength in the closely watched commercial-airplanes business. But a sense of uncertainty remained, as the company did not provide forward guidance in the earnings release. The
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It’s a notable week for tech earnings. Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), Amazon (NASDAQ:AMZN), Meta Platforms (NASDAQ:META), Advanced Micro Devices (NASDAQ:AMD) and Qualcomm (NASDAQ:QCOM) all are set to report their latest results. But the biggest highlights of the week are the numbers due out from the two most valuable companies on the planet: Microsoft (NASDAQ:MSFT) and Apple
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