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Nvidia (NASDAQ: NVDA) stock price bounced back sharply after experiencing volatility early this year. NVDA shares have extended the upside momentum after strong third-quarter results. The share price is currently trading around the highest level of this year; the analysts are forecasting steady upside gains in the following months. Improving market trends particularly in the…
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An Australian payments firm has bought an Irish rival to boost its fintech clients and open banking services around the world. Brisbane-based EML Payments has agreed to buy PrePaid Financial Services (PFS) Ireland for £226m, plus an earn out component of up to £55m. PrePaid Financial Services has become one of the fastest-growing e-money and…
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United Technologies (NYSE: UTX) stock price rallied steadily throughout this year on the back of solid financial growth. The company’s strategy of growing cash returns for investors is adding to the upside momentum. Moreover, a strong outlook for the following quarters is among the contributor to bullish sentiments. UTX shares are currently trading around $149,…
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The Walt Disney (NYSE: DIS) stock price remains stable after positing high double-digit growth in revenues. Its earnings declined sharply from the previous period due to restructuring costs and investments in growth opportunities. Fortunately, investors are particularly focusing on Disney’s growth prospects instead of earnings. The Walt Disney stock price is currently trading around $132,…
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Roku (NASDAQ: ROKU) stock price is among the best performers this year. Its shares rallied more than 330% year to date. The shares had hit an all-time high of $162 two months ago before stabilizing around $150. The company’s third-quarter revenue and earnings beat could offer further support to share price. The company has also…
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eToro, a leading “social trading and multi-asset brokerage company,” has just purchased Delta, a cryptocurrency portfolio tracking application. Reported by TechCrunch, this news marks eToro delving even more into the cryptocurrency space, with it recently launching a cryptocurrency wallet and trading service. As of now, we don’t know how much the deal was worth, but…
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A Chinese company known as Fosun has bought the Thomas Cook. The cost of the acquisition is reported to be ₤11 million. This marks a drastic change of fortunes for what was reputed to be the oldest global tourism firm in existence and one of the most famous. The multi-million-pound deal also includes the Cook’s Club…
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LVMH, owners of Louis Vuitton and Hennesey, has recently reached out to Tiffany & Co. They offered the jewelry firm a whopping $14.5 billion for their acquisition within the conglomerate. People with familiarity over the matter explained that Tiffany has been struggling with financial issues due to the tariffs placed on its China exports. It’s…
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VMware (NYSE: VMW) stock price lost significant value in the past few months. The shares plunged close to 20% from 52-weeks high of $200 a share. The selloff in share price is only due to traders’ concerns over the trade war and macroeconomic headwinds. VMware stock price is currently trading around $160, up significantly from…
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Cronos Group (NASDAQ: CRON) stock price tumbled sharply since the beginning of this year. The shares are down 26% year to date, down almost 50% from 52 weeks high that it had hit at the end of the first quarter. The share price selloff is supported by trader’s concerns over lower than expected growth in…
