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News Digest / Samuel Brooks

Author: Samuel Brooks

08:46am, Tuesday, Feb 13, 2024
Shopify Inc. (NYSE: SHOP) reported impressive earnings, surpassing estimates with a significant margin, but faced a puzzling stock price decline. With a focus on merchant business growth, the earnings beat raises questions about the stock's downward trend.

08:22am, Sunday, Feb 11, 2024
The next Federal Reserve rate announcement is scheduled for March 19-20, 2024. This will be a crucial event for traders and investors as they anticipate potential changes in monetary policy following the recent trends in inflation​​.

06:15am, Sunday, Feb 11, 2024
Recent turmoil has hit China's stock market, plunging to a five-year low amid regulatory efforts to stabilize it. This comes as President Xi plans discussions with financial regulators to address the market's challenges.

05:22am, Sunday, Feb 11, 2024
Amazon.com (NASDAQ: AMZN) founder Jeff Bezos sells 12 million shares, totaling over $2 billion. Part of a larger plan to offload 50 million shares by early 2025, this move reflects a significant financial strategy shift for the tech giant's former CEO.

05:16am, Sunday, Feb 11, 2024
Artificial Intelligence (AI) spending is expected to grow by a staggering 820% by 2030. For investors, this presents an opportunity to capitalize on the trend through AI-focused Exchange-Traded Funds (ETFs).

06:55am, Thursday, Feb 08, 2024
British American Tobacco announces its intention to sell part of its stake in India's ITC, a strategic move that has led to a significant surge in its share value, indicating strong market approval.

12:43pm, Wednesday, Feb 07, 2024
Discover the latest investment strategy of Cathie Wood, as she targets key growth sectors with her recent stock picks. Our analysis delves into the implications of these moves for savvy stock traders.

12:32pm, Wednesday, Feb 07, 2024
Disney's Q1 2024 financial results are set to reflect modest gains in revenue and net income, with a keen focus on streaming profits and cost-cutting measures amid an ongoing proxy battle.

12:02pm, Wednesday, Feb 07, 2024
As Wall Street experiences a surge in stock values, the S&P 500 nears the unprecedented 5,000 mark. This rally, fueled by solid corporate earnings, is met with a mix of optimism and caution among investors and analysts.

09:00am, Wednesday, Feb 07, 2024
Alibaba Group ramps up its share repurchase program to a record $25 billion, aiming to bolster investor confidence amid a challenging financial landscape marked by revenue shortfalls and intensifying competition.

04:12am, Wednesday, Feb 07, 2024
In a landmark move, Disney's ESPN, Warner Bros. Discovery, and Fox Corporation have announced the formation of a joint sports streaming platform, set to launch in the fall of 2024.