Reported 26 days ago
Payabli, a payments infrastructure platform for software companies, has successfully raised $28 million in Series B funding, led by Fika Ventures and QED Investors. The new capital will enable the company to enhance its product development, including AI-driven features, and expand its 3P services such as Pay In, Pay Out, and Pay Ops. With this funding, which brings its total capital to $60 million, Payabli aims to grow its team and improve customer experiences through technology. The platform has seen significant revenue growth and currently supports over 50,000 merchants.
Source: YAHOO
Reported 26 days ago
U.S. stocks showed modest gains on Wednesday as the Federal Reserve decided to keep interest rates steady, while forecasting two potential rate cuts by the end of 2025. Investors remain cautious due to increased fears of U.S. involvement in the Israel-Iran conflict, although oil prices rose slightly. The Dow Jones increased by 0.3%, and the S&P 500 followed suit amid ongoing economic uncertainty and higher jobless claims.
Source: YAHOO
Reported 26 days ago
Swedish fintech Klarna announced its entry into the U.S. telecom market with a new $40 per month unlimited mobile plan, which offers 5G calls and data. This move aligns with a trend among fintech companies diversifying into mobile services, similar to firms like Revolut and N26. Utilizing the platform from Google-backed startup Gigs, Klarna aims to enhance its neobank offerings, targeting a market expected to grow significantly in the coming years.
Source: YAHOO
Reported 26 days ago
Accenture plc (NYSE:ACN) is set to announce its Q3 earnings, with analysts predicting earnings of $3.32 per share and a revenue of $17.3 billion. Investors interested in dividends can potentially earn $500 monthly by owning approximately 1,014 shares, which would require an investment of around $316,398, based on the current dividend yield of 1.90%. A more modest target of $100 monthly would require about 203 shares or $63,342 in investment.
Source: YAHOO
Reported 26 days ago
Netflix has shown impressive performance, with its shares up 36% this year, driven by strong financial results and growth expectations. The streaming giant aims to reach a $1 trillion market cap by 2030, potentially doubling its key metrics over the next five years, aided by successful ad-supported tiers and ongoing subscriber growth. As demographic shifts favor younger audiences, Netflix's position in the entertainment industry remains robust, promising long-term opportunities despite stiff competition.
Source: YAHOO
Reported 26 days ago
India and the US are nearing a transformative trade agreement aimed at boosting bilateral trade from $190 billion to $500 billion by 2030, with a focus on the pharmaceutical sector. As negotiations advance, India proposes tariff exemptions and technology access in response to potential US tariffs that threaten its generic drug industry, which supplies nearly half of US generics. Amid geopolitical tensions and Trump's trade policies, India's efforts to negotiate favorable terms highlight the importance of maintaining strategic ties and ensuring the stability of its pharmaceutical exports.
Source: YAHOO
Reported 26 days ago
A Spokane resident, Marty, faces a shocking $140,000 tax bill after withdrawing $400,000 from his 401(k) to purchase a home, believing he had accounted for all taxes. On The Ramsey Show, hosts advised him against risky financing options like HELOCs and credit cards, recommending he utilize his savings and consider a personal loan to avert severe IRS penalties. Marty's case underscores the potential pitfalls of early 401(k) withdrawals, which can incur hefty taxes and long-term financial repercussions.
Source: YAHOO
Reported 26 days ago
Source: WSJ
Reported 26 days ago
Hilton and Marriott have unveiled plans to expand their hotel operations in Africa, aiming to capitalize on the continent's growing tourism market. Hilton intends to increase its portfolio to over 160 hotels, entering new markets like Angola, Ghana, and Benin, while returning to Madagascar and Tanzania. Marriott plans to add 50 new properties by 2027, including ventures into Cape Verde and the Democratic Republic of Congo. This expansion is supported by a rise in international arrivals and increased airline capacity to the region.
Source: YAHOO
Reported 26 days ago
State Street Corporation (STT), a major player in the financial services industry, has shown mixed performance recently. While its stock price has decreased by 6.4% from its 52-week high, it has outperformed the S&P 500 with a 9.8% gain over the last three months compared to the S&P's 5.4%. Despite a year-to-date dip of 1.8%, STT saw a substantial 34.5% increase over the past year, supported by strong fee revenue growth and impressive quarterly results. Analysts view STT positively, giving it a 'Moderate Buy' rating with a target price suggesting further upside.
Source: YAHOO
Reported 26 days ago
Hewlett Packard Enterprise Company (HPE), valued at $23.9 billion, is a significant player in the tech sector, focusing on solutions for data management. Despite holding a strong reputation, HPE has seen its stock decline 27.4% from its 52-week high and underperformed compared to the Technology Select Sector SPDR Fund, with a 16.2% year-to-date drop. Recent earnings showed a slight revenue increase, but challenges in the server segment and broader industry issues have affected its performance. Analysts maintain a 'Moderate Buy' rating on HPE, suggesting potential for recovery.
Source: YAHOO
Reported 26 days ago
Dave Portnoy famously sold his sports media company, Barstool Sports, for $551 million to Penn Entertainment, only to repurchase it for a mere $1 in 2023. This unusual turn of events, driven by issues around Penn's regulatory challenges and the subsequent rebranding of its betting service, underscores Portnoy's insights into entrepreneurship as a key pathway to wealth in America, highlighting that while building a business can lead to significant riches, the journey is fraught with challenges and failures.
Source: YAHOO
Reported 26 days ago
Amidst significant volatility in the U.S. stock market in 2025, analysts from J.P. Morgan Private Bank suggest that investors should consider increasing their exposure to European stocks. Key reasons for this include overall diversification, higher dividend yields, lower price-to-earnings ratios compared to U.S. equities, and projected increases in European defense spending due to geopolitical factors. These elements may offer attractive opportunities for growth and risk management.
Source: YAHOO
Reported 26 days ago
Iron Mountain Inc., a company specializing in records and data management, has shown notable performance trends in its stock. While it experienced a 21.1% decline from its 52-week high, it gained 15.3% over the past three months, outpacing the Dow Jones Industrial Average during the same period. Year-to-date, IRM shares have dipped slightly but rose 16.4% in the last year, exceeding the Dow's 9.2% returns. Analysts maintain a 'Strong Buy' rating on IRM, forecasting further potential growth.
Source: YAHOO
Reported 26 days ago
Source: INVESTORS
Reported 26 days ago
Source: INVESTORS
Reported 26 days ago
If you had invested $10,000 in W. P. Carey stock a decade ago, your investment would now be worth approximately $17,373, accounting for both stock price appreciation and dividends. This represents a total return of 73.73%, which falls short of the S&P 500’s total return of 242.60% during the same period. With a current consensus rating of 'Equal Weight' and a price target suggesting potential upside, W. P. Carey could remain an attractive option for growth-focused investors.
Source: YAHOO
Reported 26 days ago
Source: INVESTORS
Reported 26 days ago
As the US economy navigates a challenging summer with tariffs and stagflation concerns, BlackRock's Mike Pyle discusses the impacts of these economic policies on business operations and investor sentiment. Despite uncertainties, Pyle believes the underlying strength of the US economy persists, supported by investments in manufacturing and infrastructure, while advising investors to adopt cautious strategies amidst fluctuating market conditions.
Source: YAHOO
Reported 26 days ago
Source: INVESTORS
Reported 26 days ago
Last week's spike in oil prices, triggered by escalating tensions between Israel and Iran, has historically led to unique stock market behaviors. Initially, oil prices tend to drop slightly the week after a spike but usually rebound in the longer term, with significant volatility during periods following such price jumps. Stocks, particularly the S&P 500 Index, have historically performed better a month after these events, though the first spike in over a year tends to lead to underperformance for stocks in the following months.
Source: YAHOO
Reported 26 days ago
Roku's stock experienced a significant surge of over 10% following its announcement of a partnership with Amazon Ads, granting access to over 80% of households with connected TVs. Despite reporting a net loss for Q1 2025, Roku exceeded revenue expectations with $1.02 billion, signaling potential growth as analysts maintain a 'Moderate Buy' rating for the stock, with a mean price target reflecting an 11% upside.
Source: YAHOO
Reported 26 days ago
Trump Media & Technology Group is making headlines by proposing a Bitcoin and Ethereum ETF, marking a significant pivot from its media roots. While the company aims to capitalize on the growing cryptocurrency market, it faces challenges, including a high valuation and limited revenue generation. Investors are left weighing the risks of this high-stakes gamble as DJT continues to pursue a path reliant on the volatile crypto market.
Source: YAHOO
Reported 26 days ago
Bloomberg Intelligence reports that BlackRock Inc. is rapidly gaining ground in ETF trading volume, potentially overtaking State Street Corp.'s leadership. Currently, State Street holds 31% of U.S. ETF volume while BlackRock has 25%, driven by strong demand for its iShares Bitcoin ETF Trust and S&P 500 ETF. The overall ETF trading volume has surged, with significant competition among top funds, and analysts suggest that BlackRock is on track to become the number one in this space.
Source: YAHOO