Cart

0

Business

“Payhawk, a $1 billion corporate card startup, plans M&A shopping spree after 86% sales growth”

“AMSTERDAM — Corporate payments startup Payhawk told CNBC it is planning mergers and acquisitions to grow its footprint in the corporate spend management world and take on big players like SAP. Bulgarian-founded Payhawk said it is looking to acquire a company or companies at… Continue Reading…

Economy

“U.S. job growth totaled 175,000 in April, much less than expected, while unemployment rose to 3.9%”

“… …” https://www.cnbc.com/2024/05/03/jobs-report-april-2024-us-job-growth-totaled-175000-in-april.html

Stocks

“Snap shares soar 23% as company beats on earnings, shows strong revenue growth”

“Snap reported first-quarter results on Thursday that beat analysts’ estimates and showed a return to double-digit revenue growth. Shares soared more than 23% in extended trading.   Here’s how the company did:  Revenue for Snap’s first quarter increased 21% from $989 million in the… Continue Reading…

Business, Stocks

“Micron Technology Stock Has 21% Upside, According to 1 Wall Street Analyst”

“Shares of Micron Technology (NASDAQ: MU) have surged to new highs this year as the memory chip leader is on the verge of returning to profitable growth. The stock still has room to run, according to Citi analyst Christopher Danely. After talking with the company’s… Continue Reading…

Business

“Apple supplier Foxconn posts 9% fall in first-quarter revenue, sees growth ahead”

“Apple iPhone manufacturer Foxconn on Friday posted a dip of 9.6% in revenue for the first quarter of 2024, compared with the same period last year. The company, which trades as Hon Hai Precision Industry in Taiwan, recorded first-quarter revenue of 1.32 trillion New Taiwan dollars… Continue Reading…

Economy

“Job growth zoomed in March as payrolls jumped by 303,000 and unemployment dropped to 3.8%”

“…Nonfarm payrolls increased 303,000 for the month, well above the Dow Jones estimate for a rise of 200,000 and higher than the downwardly revised 270,000 gain in February, the Labor Department’s Bureau of Labor Statistics reported Friday…” https://www.cnbc.com/2024/04/05/job-growth-totaled-303000-in-march-better-than-expected-and-unemployment-was-3point8percent.html I dont… Continue Reading…

Economy

“US economic growth for last quarter is revised up slightly to a healthy 3.4% annual rate”

“…The U.S. economy grew at a solid 3.4% annual pace from October through December, the government said Thursday in an upgrade from its previous estimate. The government had previously estimated that the economy expanded at a 3.2% rate last quarter…”… Continue Reading…

Business

“CrowdStrike Peer Ramps Up 406% Growth — And New Buy Point”

“Boosted by 406% earnings growth last quarter and strong forecasts ahead, CyberArk Software (CYBR) has set up a new potential breakout after already fueling an impressive run. As a result, CYBR stock has secured its place on the latest list of new buys… Continue Reading…

Stocks

“2 Soaring Growth Stocks That Could Climb Another 47% to 73%, According to Wall Street”

“Shares of Viking Therapeutics (NASDAQ: VKTX) are up about 275% in 2023, but analysts on Wall Street think it isn’t finished climbing yet. The consensus price target on the clinical-stage biotech stock suggests a 47% gain could be up ahead…. Shares of Iovance Biotherapeutics (NASDAQ: IOVA) have more… Continue Reading…

Business, Stocks

“Gap shares pop as company’s holiday earnings blow past estimates, Old Navy returns to growth”

“Gap’s largest banner Old Navy returned to growth for the first time in more than a year during its holiday quarter as the retailer delivered earnings on Thursday that came in well ahead of Wall Street’s expectations.  Sales at Old Navy… Continue Reading…