Late on Tuesday, Flutter Entertainment (FLUT) revealed adjusted earnings of $2.61 per share, which was 56% higher than FactSet’s expectation of $1.47 per share. In addition to surpassing views of $3.39 billion, total revenue increased by 20% to $3.61 billion. The average number of players per month increased by 17% to 14.3 million, according to […]
FanDuel Parent Flutter Stock Rises As Earnings Exceed Predictions Read More »
Oracle Financial Services Software Ltd., Bharat Heavy Electricals Ltd. (BHEL), Trent Ltd., Multibagger Oil India, and Indian Railway Finance Corporation Ltd. (IRFC) are the top 5 mid-cap gainers of the year. The S&P BSE Mid Cap Index has increased by more than 53% over the past year thanks to strong investor confidence. Many businesses are
IRFC And Multibagger Oil India Are Two Of The Top Five Mid-Cap Gains Read More »
The Federal Reserve is expected to begin reducing interest rates next month, as betting on the positive consumer inflation data that came in overnight supported lower U.S. Treasury yields and stronger Asian stocks on Thursday. increases on Wall Street were followed by increases in regional stocks; as of 01:39 GMT, Australia’s stock benchmark was up
Asia’s Stocks Rise, But The US Currency Falls As A Result Of Fed Cut Wagers Read More »
Master Capital Services has determined that the two best small-cap stocks for Independence Day 2024 are Platinum Industries and Suyog Telematics. Over the past year, Suyog Telematics has experienced a 146% growth in share price, and Platinum Industries has had a 100% increase. Since the previous Independence Day, a number of factors have coalesced in
Master Capital Services’ Independence Day Pick Is These Two Small-Cap Companies Read More »
 Japan’s GDP increased by 0.8% in the second quarter, above market expectations on a quarter-over-quarter basis. Economists surveyed had predicted a 0.5% increase. The Bureau of Labor Statistics reported on Wednesday that U.S. consumer prices rose 2.9% year over year, the lowest level since March 2021 and down from 3% in June. Over a given
Nikkei Rises As Asian Markets Advance After Japan’s GDP Exceeds Read More »
Recently, it was announced that the parent companies of Hawaiian Airlines, Hawaiian Holdings Inc. (NASDAQ:HA) and Alaska Air Group Inc. (NYSE:NYSE:ALK), had reached an understanding extending the review time for their proposed merger till August 16, 2024. The firms had originally planned for the merger process to end by August 5, 2024, but this is
Hawaiian Holdings’ Stock Rises After A Closer Examining Alaska Airlines’ Acquisition Read More »
The announcement on Wednesday that Mars Inc. would be purchasing snack producer Kellanova for $36 billion helped to raise the stock prices of the corporations that control the center aisles of supermarket stores in America. With a rise of more than 7%, Kellanova was the S&P 500’s best-performing stock during morning trading on Wednesday. ConAgra
Mars-Kellanova Deal Increases Stocks In The Grocery Aisle Read More »
Short covering is the purchase of stocks to settle an existing short position, indicating a shift from severe bearishness to bullishness. Four equities experienced short covering during the trading session on Wednesday. Here’s the list of the four stocks with short covering. 1. Indiamart Intermesh Indiamart Intermesh provides a platform and tools for over 12.5
Following the announcement on Wednesday that the insurance company had sold its Employer Voluntary Benefits division to privately held StanCorp Financial Group, popularly known as The Standard, for $2 billion, Allstate (ALL) shares hit an all-time high. The insurer announced on Tuesday that this action marked the beginning of its plan to merge its three
Allstate Divests Its Employer Voluntary Benefits Unit; Stocks Increased By 5% Read More »
For the fourth straight day, Australian stocks increased on Wednesday as expectations of a September interest rate decrease by the Fed Reserve were bolstered by weaker U.S. producer price data. In broad-broad buying, the S&P/ASX 200 index increased 0.6% to 7,872.2 by 00:18 GMT. Because less expensive services offset an increase in the cost of
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