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Reuters - vor 23 Minuten

Tech shares in focus as investors eye latest filings from funds

FACTBOX-Tech shares in focus as investors eye latest filings from funds Recasts top of story, adds Bridgewater Associates and Soros Fund Management By Carolina Mandl and David Randall NEW YORK, Aug 14 (Reuters) - Tech stocks once again grabbed the attention of the world's biggest funds in the second quarter, regulatory filings showed, as the S&P 500 .SPX rallied to a series of record highs that preceded more recent turmoil in U.S.
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Reuters - vor 2 Stunden

Layoffs pile up in US, Canada as companies uncertain of economy

FACTBOX-Layoffs pile up in US, Canada as companies uncertain of economy Adds Cisco Systems Aug 14 (Reuters) - U.S. and Canadi an companies have continued to cut jobs in 2024 after letting go thousands last year, a s they remain uncertain about t he econom i c conditions . Here is a snapshot of job cuts announced so far this year: TECHNOLOGY * Cisco Systems CSCO.O will lay off 7% of its global workforce , as part of a restructuring plan, the networking giant said, about six months after announcin
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Reuters - vor 3 Stunden

Tech stocks in focus as investors eye latest filings from funds

FACTBOX-Tech stocks in focus as investors eye latest filings from funds Updates with Light Street, Maverick By Carolina Mandl and David Randall NEW YORK, Aug 14 (Reuters) - Investors are watching quarterly filings on Wednesday to get a glimpse at how some of the world’s biggest money managers were positioned at the end of the second quarter, a period marked by a series of record highs in the S&P 500 that preceded more recent turmoil in U.S.
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Reuters - vor 5 Stunden

Tech stocks in focus as investors eye latest filings from funds

FACTBOX-Tech stocks in focus as investors eye latest filings from funds Updates with more funds By Carolina Mandl and David Randall NEW YORK, Aug 14 (Reuters) - Investors are watching quarterly filings on Wednesday to get a glimpse at how some of the world’s biggest money managers were positioned at the end of the second quarter, a period marked by a series of record highs in the S&P 500 that preceded a more recent bout of turmoil in U.S.
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Reuters - vor 7 Stunden

Tech stocks in focus as investors eye latest filings from funds

FACTBOX-Tech stocks in focus as investors eye latest filings from funds Adds Rokos Capital Management position NEW YORK, Aug 14 (Reuters) - Investors are watching quarterly filings on Wednesday to get a glimpse at how some of the world’s biggest money managers were positioned at the end of the second quarter, a period marked by a series of record highs in the S&P 500 that preceded a more recent bout of turmoil in U.S.
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Reuters - vor 9 Stunden

Tech stocks in focus as investors eye latest filings from funds

CORRECTED-FACTBOX-Tech stocks in focus as investors eye latest filings from funds Corrects July to June in paragraph 5 NEW YORK, Aug 14 (Reuters) - Investors are watching quarterly filings on Wednesday to get a glimpse at how some of the world’s biggest money managers were positioned at the end of the second quarter, a period marked by a series of record highs in the S&P 500 that preceded a more recent bout of turmoil in U.S.
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Reuters - vor 6 Tagen

Layoffs pile up in US, Canada as companies uncertain of economy

FACTBOX-Layoffs pile up in US, Canada as companies uncertain of economy Adds Paramount Global Aug 9 (Reuters) - Companies in the United States and Canada have continued their job cuts in 2024 after letting go thousands last year, as the outlook on interest rate cuts by the Federal Reserve remains uncertain even as recession fears recede rapidly. Here is a snapshot of job cuts announced so far this year: TECHNOLOGY * Amazon's AMZN.O job cuts include less than 5% of employees at Buy with Prime uni
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Reuters - vor 1 Woche

US payments companies decline after weak data revives recession concerns

BUZZ-US payments companies decline after weak data revives recession concerns Updates ** Shares of U.S. payments companies drop as recession fears worsen post-earnings jitters ** Credit card lender American Express AXP.N falls ~1%, while peer Capital One COF.N slips 3.2% ** Payments processors Visa V.N , Mastercard MA.N and Discover Financial DFS.N drop 2.1%, 2.2% and 3.3%, respectively ** Financial technology firms PayPal PYPL.O , Block SQ.N and Affirm AFRM.O slip 2.2%, 3.2% and 3.7%, respectiv
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Reuters - vor 1 Woche

US payments companies decline after weak data revives recession concerns

BUZZ-US payments companies decline after weak data revives recession concerns ** Shares of U.S. payments companies drop as recession fears worsen post-earnings jitters ** Credit card lenders American Express AXP.N and Capital One COF.N fall 1.7% and 2.2%, respectively ** Payments processors Mastercard MA.N , Visa V.N and Discover Financial DFS.N drop between 1.3% and 2.2% ** Financial technology firms PayPal PYPL.O , Block SQ.N and Affirm AFRM.O also slip between 5.2% and 10.9% ** A weak jobs re
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Reuters - vor 2 Wochen

Layoffs pile up in US, Canada as companies uncertain of economy

FACTBOX-Layoffs pile up in US, Canada as companies uncertain of economy Adds Intel layoffs Aug 2 (Reuters) - Companies in the United States and Canada have continued their job cuts in 2024 after letting go thousands last year, as the outlook on interest rate cuts by the Federal Reserve remains uncertain even as recession fears recede rapidly. Here is a snapshot of job cuts announced so far this year: TECHNOLOGY * Amazon's AMZN.O job cuts include less than 5% of employees at Buy with Prime unit ,
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Reuters - vor 2 Wochen

Block lifts core earnings forecast on consumer spending strength

UPDATE 3-Block lifts core earnings forecast on consumer spending strength Adds details from results and executive appointment in paragraphs 6, 10-12 By Arasu Kannagi Basil Aug 1 (Reuters) - Payments firm Block SQ.N raised its forecast for annual adjusted core earnings on Thursday and unveiled a $3 billion buyback plan, betting on resilient consumer spending and cost-cutting measures, sending its shares up 5.3% after the bell.
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Reuters - vor 2 Wochen

US Democrat Harris gets backing from more than 100 venture capitalists

UPDATE 1-US Democrat Harris gets backing from more than 100 venture capitalists Adds quotes from donors, paragraphs 6-9 WASHINGTON, July 31 (Reuters) - More than 100 venture capitalists including entrepreneur Mark Cuban threw their support behind U.S. Democratic presidential candidate Kamala Harris on Wednesday, a counterweight to tech billionaires backing Republican rival Donald Trump.
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Reuters - vor 2 Wochen

PayPal's turnaround plan faces challenges from competition, analysts say

UPDATE 1-PayPal's turnaround plan faces challenges from competition, analysts say Analysts flag long-term challenges but cheer upbeat Q2 Wall Street sees Apple Pay as a looming risk At least 13 brokerages raise price targets, two upgrade Stock rises 3% in mid-day trading on Wednesday Adds stock moves, details of ratings and PT hikes in paragraphs 13-17 By Niket Nishant and Manya Saini July 31 (Reuters) - As PayPal PYPL.O embarks on an ambitious turnaround strategy to revitalize growth after a po
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Reuters - vor 2 Wochen

More than 100 venture capitalists throw weight behind US Democrat Harris

More than 100 venture capitalists throw weight behind US Democrat Harris WASHINGTON, July 31 (Reuters) - More than 100 venture capitalists including enterpreneur Mark Cuban and LinkedIn founder Reid Hoffman threw their support behind U.S. Democratic presidential candidate Kamala Harris on Wednesday, in a counterweight to tech billionaires backing Republican rival Donald Trump.
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Reuters - vor 2 Wochen

Street View: PayPal's turnaround on track but challenges of rising competition remain

BUZZ-Street View: PayPal's turnaround on track but challenges of rising competition remain ** PayPal PYPL.O on Tuesday raised its annual adj profit forecast for the second time after its branded checkout business outperformed and consumer spending held up against a tough economy ** Shares rise 2% on Wednesday after at least 11 brokerages raise PT o
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Reuters - vor 2 Wochen

PayPal Holdings Inc reports results for the quarter ended in June - Earnings Summary

PayPal Holdings Inc reports results for the quarter ended in June - Earnings Summary PayPal Holdings Inc PYPL.OQ reported quarterly adjusted earnings of $1.19​​ per share for the quarter ended in June, higher than the same quarter last year, when the company reported EPS of $1.16. The mean expectation of thirty three analysts for the quarter was for earnings of 99 cents per share.
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Reuters - vor 2 Wochen

Persistent competition likely to keep pressure on PayPal, analysts say

Persistent competition likely to keep pressure on PayPal, analysts say By Niket Nishant and Manya Saini July 31 (Reuters) - As PayPal PYPL.O embarks on an ambitious turnaround strategy to revitalize growth after a post-pandemic slump, Wall Street analysts expressed some caution over competition from big-tech and beyond. The concerns highlight the challenges to the profit margins of the company, which for years enjoyed the first-mover advantage in the digital payments industry but has ceded marke
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Reuters - vor 2 Wochen

U.S. Booking Holdings, Doordash, Vertex Pharmaceuticals (Aug. 5)

CORRECTED-U.S. RESEARCH ROUNDUP-Booking Holdings, Doordash, Vertex Pharmaceuticals (Aug. 5) Corrects U.S. research roundup dated Aug. 5 to remove dated research actions from headline and tables, the errors appeared in previous versions also Aug 5 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies including Booking Holdings, Doordash and Vertex Pharmaceuticals, on Monday.
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Reuters - vor 2 Wochen

U.S. STOCKS Stanley Black & Decker, JetBlue Airways, Phillips 66

BUZZ-U.S. STOCKS ON THE MOVE-Stanley Black & Decker, JetBlue Airways, Phillips 66 Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The Nasdaq dropped 1% on Tuesday as chip and megacap shares took a hit ahead of Big Tech earnings, while strength in financial stocks kept the Dow afloat in anticipation of a key U.S.
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Reuters - vor 2 Wochen

U.S. STOCKS Procter & Gamble, Howmet Aerospace, Spirit Airlines

BUZZ-U.S. STOCKS ON THE MOVE-Procter & Gamble, Howmet Aerospace, Spirit Airlines Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The blue-chip Dow and the benchmark S&P 500 inched up on Tuesday, shored up by financials stocks in anticipation of a key policy verdict from the Federal Reserve this week, while investors also awaited Big Tech results.
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