Author: pluginever
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Paysafe ($PSFE) Q1 2024 Earnings: Steady Growth and Strategic Investments
Paysafe reported its first quarter 2024 earnings, showcasing impressive growth and strategic advancements. Below, we break down the key highlights and what they mean for the company's future. Financial Performance Total Volume: Over $36 billion, a 7% increase year-over-year. Revenue: $417.7 million, marking an 8% increase. Adjusted EBITDA: $111.9 million, up 4%. Adjusted EBITDA Margin:…
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r/Stocks Daily Discussion & Technicals Tuesday – May 14, 2024
This is the daily discussion, so anything stocks related is fine, but the theme for today is on technical analysis (TA), but if TA is not your thing then just ignore the theme. Some helpful day to day links, including news: Finviz for charts, fundamentals, and aggregated news on individual stocks Bloomberg market news StreetInsider…
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Comcast offers subscribers Peacock, Netflix and Apple TV+ bundle
Comcast said Tuesday it will introduce a streaming bundle for its cable, broadband and mobile subscribers, tying together Peacock, Netflix and Apple TV+ at a discounted rate. The announcement, made Tuesday at the MoffettNathanson media conference in New York, comes as major media players increasingly join forces to drive value for users and subscriptions for…
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These are the stocks on my watchlist (5/15)
Hi! I am an ex-prop trader that trades equities. This is a daily watchlist for trading. I might trade all of the stocks on here, or none of them, on any given day. I might trade stocks that don't appear on here! I hold no positions in any stocks long-term but Amazon/Mag7/general broad market indices.…
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Tencent posts fastest profit growth in 3 years as online ads, business services offset slower gaming
Tencent beat analyst estimates for revenue and profit in the first quarter, thanks to slightly better sales in the Chinese tech giants core gaming business and improved profitability at its advertising and business services division. Here’s how Tencent did in the March quarter versus LSEG consensus estimates: Revenue: 159.5 billion Chinese yuan ($22 billion) versus…
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Uber to acquire Foodpanda’s Taiwan business for $950 million, creating a potential monopoly
Uber Technologies will acquire the Taiwan business of Delivery Hero-owned Foodpanda for $950 million in cash, as Foodpanda focuses on other markets. The deal, subject to regulatory approval, is expected to close in the first half of 2025, the firms said in a joint statement on Monday. In a separate agreement, Delivery Hero will sell…
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My (old) company went public and my shares did a reverse split, did I get screwed over?
I was offered shares in my company after I became a fully vested employee, I purchased 18,000 shares for just under $5K. I haven't worked for this company for the past several years and received notification that they were going public, which became official recently. I just checked my portfolio and saw my current shares…
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Home Depot misses on revenue, as high interest rates hurt sales
Home Depot on Tuesday posted quarterly revenue below Wall Street’s expectations, as shoppers postponed bigger discretionary projects like bath and kitchen remodels because of higher interest rates and made spring purchases late. Still, the home improvement retailer reaffirmed its full-year guidance, which includes an additional week from the prior year. It said it expects total…
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Chinese giant Alibaba posts 86% profit drop but beats revenue expectations
Alibaba posted a beat on revenue in its fiscal fourth quarter ended March, even as the Chinese e-commerce giant’s net profit plunged sharply. Here’s how Alibaba did in the March quarter versus LSEG consensus estimates: Revenue: 221.9 billion Chinese yuan ($30.7 billion) versus 219.66 billion yuan expected. Net income attributable to ordinary shareholders came in…
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PPI rises 0.5% in April versus 0.3% expected; March PPI revised from up 0.2% to down 0.1%
Full release: https://www.bls.gov/news.release/ppi.nr0.htm The Producer Price Index for final demand rose 0.5 percent in April, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices declined 0.1 percent in March and advanced 0.6 percent in February. (See table A.) On an unadjusted basis, the index for final demand moved up 2.2 percent…