Shares of PayPal Holdings Inc rose 1.5% in out-of-hours trading on Wednesday after the digital payments company showed strong growth in its business stemming from increased use of digital payments during the COVID-19 crisis. Read: PayPal Exceeds Earnings Expectations as COVID-19 Drives Ecommerce Growth Strong “The world has moved into …
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Sometimes it takes a stranger to fully appreciate something. Europe’s largest asset manager Amundi Asset Management has produced research showing why US stocks have outperformed the world and why that superior performance can continue. Admitted by two from his Boston office, Craig Sterling, his head of US equities research, and …
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European stocks struggled for profit on Wednesday as investors received a flood of earnings from banks such as Barclays PLC and Deutsche Bank AG, and waited for a Federal Reserve announcement to come later. The Stoxx Europe 600 SXXP Index, + 0.06% It fell 0.3% to 366.94 after gaining 0.4% …
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Visa Inc. outperformed third-quarter tax earnings and revenue expectations on Tuesday, but the company experienced a decline in volume as the COVID-19 crisis continued to slow spending growth, especially in the travel category. Share V, -0.08% they were out of 2% in after-hours trading. The company posted net income of …
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A weaker day for stocks is brewing on Tuesday, as optimism about the US stimulus progress. The asset that stole the show on Monday, of course, was GCQ20 gold, -0.34%, which rose to $ 1,931 an ounce, the highest settlement in history. That prompted the crowd to expect $ 2,000 …
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