In July 2024, Rolls-Royce shares soared over 11% to an all-time high after the company reinstated dividends and raised its 2024 profit forecast following a strong first-half performance.
Category: Uncategorized
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PayPal Stock – PayPal Beats Expectations with Strong Q2 2024 Results, Revenue Hits $7.89 Billion
PayPal's Q2 2024 earnings report revealed an 8% revenue increase to $7.89 billion and an adjusted EPS of $1.19, surpassing analyst expectations and highlighting robust payment volume growth despite a 22% decline in stock over the past year.
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NHPC Stock Update: Closing at ₹105.45 Today, Slightly Up by 0.09%
NHPC closes at ₹105.45, up 0.09% today. Market sees slight gains in NHPC stock.
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VBL Share News – Varun Beverages Ltd Shares Plummet 6% Despite Strong Q2 Profit Growth
Varun Beverages Ltd's stock dropped 6% despite a 25.5% increase in profit and a 28.3% revenue boost for Q2, alongside announcements of a stock split and interim dividend.
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Heineken stock slides 7% as first-half earnings fall short
Heineken stock- Heineken Reports Missed Profit Targets, Shares Plummet 7% Heineken stock– Heineken, a prominent name in the global brewing industry, faced a challenging start to the week as its shares plummeted nearly 7% on Monday following the release of disappointing first-half financial results. Investors reacted negatively to the news that the company’s operating profit...
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Nvidia Stock Forecasted to Rise to $175 by Wall Street Analyst: Buy or Hold?
Wall Street analyst predicts Nvidia stock could hit $175, signaling a potential 54% upside. Should you consider buying now?
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Hermès Stock – Hermès and NatWest Drive European Market Gains Amid Positive US Inflation Reading
European stocks rose 0.8% driven by strong earnings from Hermès and NatWest, alongside positive US inflation data.
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Stock market news- Are US stocks experiencing a shift in momentum?
Losses in Europe and Asia are led by AI-related stocks such as Nvidia, Tesla, and Google’s parent company, Alphabet.
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US Stocks Struggle as Tech Sell-Off Continues Amid AI Concerns
US stocks struggled on Thursday with the Nasdaq and S&P 500 falling amid concerns over AI investment returns and disappointing tech earnings, while the Dow Jones saw a modest gain; traders are now anticipating Federal Reserve rate cuts based on recent economic data.
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Stellantis Stock – Stellantis Falls Short of Expectations with Decline in H1 Revenue and Operating Income
Stellantis reported a 40% drop in operating profit and negative free cash flow in the first half of 2024 due to operational issues, particularly in North America, and substantial outflows from the Grayscale Ethereum Trust, while analysts have mixed predictions for the company's future performance.
