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Once upon a time, FedEx and UPS were Amazon’s allies and a great help in the delivery of packages that were purchased through the e-commerce giant. Now, it is becoming clear that the first two companies are competitors for the Jeff Bezos-owned firm, which is now building up its delivery fleet with rented planes and…
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Japan, China and the United Kingdom (UK) are the three major foreign holders of U.S. Treasury securities as of June 2019. According to data provided by statista, The three aforementioned countries hold $1,122.9, $1,112.5 and $341.1 billions of U.S. dollars in U.S. treasury securities, respectively. Foreign Holders of U.S. Treasury Debt As reported by the…
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The S&P—the stock market index that rates the stock performance of Fortune 500 companies, currently upholds a stable outlook on all Malaysian banks. However, it’s citing outside challenges including the financial technology effect that could adversely affect the M’sian banking industry. Banks in Malaysia are currently struggling with various issues including the regional economic slump…
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Broadcom (NASDAQ: AVGO) stock price has breached $300 mark twice in fiscal 2019. However, it fails in sustaining the upside momentum. Its shares are currently trading in the range of $280 – with a 52-week trading range of $208.23 – $323.20. Market pundits, on the other hand, are bullish about the future fundamentals of Broadcom….
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American retail behemoth Walmart has found a new fancy. It is debuting a health service called Walmart Health in a Georgia clinic. Though the company already has clinics within retail locations in Georgia as well as South Carolina and Texas. A move into the mental health market Walmart has created a new website called Walmarthealth.com….
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Qualcomm (NASDAQ: QCOM) stock price rallied more than 40% in the last six months. The stock had recently hit 52-weeks high of $90 a share. It is currently trading around $76 a share. Despite substantial price rally, Wall Street analysts and big banks are bearish about its upside potential. The majority of analysts believe that…
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The Argentine peso continued its slide in recent hours, and the South American nation’s risk increased to unprecedented levels since the 2005 administration. The slump occurred shortly after the current government revealed plans to “reprofile” approximately $100 billion of its debt. The aforementioned scenario has left investors on the lookout, evaluating the possible consequences of…
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Starbucks (NASDAQ: SBUX) stock price rallied more than 80% in the past twelve months. The bullish trend is supported by growing financial numbers. Its strategy of launching innovative products along with expansion in the U.S. and China helped it in generating robust financial numbers. Starbucks stock price is currently trading at an all-time high of…
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ConocoPhillips (NYSE: COP) stock price plunged sharply in the last quarter amid the steady drop in oil prices. The stock price selloff accelerated in the last month after the exploration & production company missed analysts revenue estimate. The revenue and earnings also fell from the previous year quarter. ConocoPhillips stock price is currently trading close…
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General Motors (NYSE: GM) stock price performance remained volatile since the start of this year. Following steady growth in the first half of the year, the stock lost almost 11% of value in the last month alone. General Motors stock price is currently trading close to $36, down from 52-weeks high of $41 a share…
