BlackJack3D Stocks with high exposure to artificial intelligence have a “lofty, but not bubble-like” backdrop, and Citi analysts are estimating that the markets are pricing around 19-27% growth over the next five years. But almost 60% of the market cap of the AI stocks group has market-implied growth rates thatContinue Reading
Manchester, United Kingdom, July 8th, 2024, Chainwire Rootstock sees record-breaking usage and an influx of new partners integrated into its network Rootstock, the first and longest-lasting sidechain, established itself as a leading blockchain these three months, with record-breaking transactions and the integration of several new dApps, bridges, and wallets. ThisContinue Reading
Justin Sullivan/Getty Images News Charles Schwab (NYSE:SCHW) stock advanced 1.5% in Monday morning trading after Keefe, Bruyette & Woods upgraded the online brokerage to Outperform from Market Perform, owing to potentially robust earnings growth in the 2026-2030 period. “With greater confidence in a path forward from here, and with theContinue Reading
simarik Property technology platform Ohmyhome (NASDAQ:OMH) said it anticipates H1 2024 revenue to grow by more than 110% from last year. The 2024 consensus revenue estimate is $9.44M. The brokerage segment is expected to report a 53% Y/Y growth in the gross transaction value. The renovation segment is said toContinue Reading
U.S. nonfarm payrolls rose by 206K in June, surpassing the 191K consensus and a slower pace than the 218K notched in May, which was revised down from 272K, the U.S. Department of Labor said on Friday. The unemployment rate ticked up to 4.1% in June, vs. 4.0% expected, from 4.05%Continue Reading
Andrii Yalanskyi/iStock via Getty Images Homebuilder LGI Homes (NASDAQ:LGIH) on Wednesday said it had closed 571 homes in June, compared to 579 homes closed in May. For Q2, LGIH said it closed 1,655 homes, up 52.82% from the 1,083 homes closed in Q1 2024. The company said as of June 30, it had 128 active selling communities, down by two from May.Continue Reading
LQR House (NASDAQ:LQR) has announced a significant 260% Y/Y increase in revenue for the month of June 2024 compared to the same period in 2023. The Co. believes that this achievement underscores LQR House’s performance and continued growth trajectory in both the ecommerce and alcohol sectors, as well as itsContinue Reading
Igor Kutyaev The Caixin China General Services PMI declined to 51.2 in June 2024 from May’s 10-month high of 54.0, below forecasts of 53.4, expanded for the eighteenth consecutive month, although at its softest pace in eight months, as new orders and export order growth eased. The Caixin China GeneralContinue Reading
Douglas Elliman (NYSE:DOUG) announced the closing of a $50M growth investment from Kennedy Lewis Investment Management LLC, a credit-focused alternative asset management firm. DOUG issued $50M senior secured convertible notes due July 2, 2029 to funds advised by Kennedy Lewis. As part of the agreement, Kennedy Lewis will have theContinue Reading
Sean Gallup/Getty Images News PayPal Holdings (NASDAQ:PYPL) rose after Susquehanna Financial upgraded the payments company on the back of an estimated profitable growth. The stock was trading +1.37% Tuesday pre-market at $58.60. Analyst James Friedman raised his recommendation on the stock to Positive from Neutral, with a price target ofContinue Reading
