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This country may have the fastest-growing e-commerce sector 'on the planet'

Investors may want to consider adding exposure to the world’s second-largest emerging market. According to EMQQ Global founder Kevin Carter, India’s technology sector is extremely attractive right now. “It’s the tip of the spear of growth [in e-commerce] … not just in emerging markets, but on the planet,” Carter told CNBC’s “ETF Edge” this week.  His […]

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Stocks making the biggest moves midday: Novo Nordisk, Mission Produce, Occidental Petroleum and more

Check out the companies making headlines in midday trading: JPMorgan , Bank of America , Wells Fargo — The three U.S. banks that dominate transactions on the Zelle payments network all rose around 2% despite a Friday lawsuit from the Consumer Financial Protection Bureau over Zelle payment fraud. Crypto-linked stocks — Shares of MicroStrategy ,

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Banking app Dave, back from the brink, is this year's biggest gainer among financials with 934% surge

Jason Wilk, the CEO of digital banking service Dave, remembers the absolute low point in his brief career as head of a publicly-traded firm. It was June 2023, and shares of his company had recently dipped below $5 apiece. Desperate to keep Dave afloat, Wilk found himself at a Los Angeles conference for micro-cap stocks,

Banking app Dave, back from the brink, is this year's biggest gainer among financials with 934% surge Read More »

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CFPB sues JPMorgan Chase, Bank of America and Wells Fargo over Zelle payment fraud

The Consumer Financial Protection Bureau on Friday sued the operator of the Zelle payments network and the three U.S. banks that dominant transactions on it, alleging that the firms failed to properly investigate fraud complaints or give victims reimbursement. The CFPB said customers of the three banks — JPMorgan Chase, Bank of America and Wells

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Stocks making the biggest moves premarket: Novo Nordisk, FedEx, Nike, Starbucks, MicroStrategy and more

Check out the companies making headlines before the bell. Novo Nordisk – Shares plunged more than 19% after the Danish pharmaceutical giant reported disappointing late-stage trial results for its experimental weight loss drug, CagriSema. Rival obesity drug maker Eli Lilly rose more than 6% following the results. FedEx – Shares jumped 8.5% after FedEx announced

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Warren Buffett's Berkshire Hathaway scoops up Occidental and other stocks during sell-off

Warren Buffett went on bit of a shopping spree in the stock market before Christmas, picking up shares of Occidental Petroleum among others during a swift December sell-off. Berkshire Hathaway purchased additional 8.9 million shares in the Houston-based energy producer for $405 million through transactions Tuesday, Wednesday and Thursday, pushing its stake above 28%, according

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Stocks making the biggest moves after hours: FedEx, Nike, U.S. Steel and more

Check out the companies making headlines in after-hours trading. FedEx – Shares rose 8% following the delivery giant’s better-than-expected earnings. For its fiscal second quarter, FedEx reported adjusted earnings of $4.05 per share, above the $3.90 per share that analysts surveyed by LSEG were expecting. Revenue, however, came in weaker-than-expected. The company also announced that

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Stocks making the biggest moves midday: Darden Restaurants, Micron Technology, Lamb Weston, Hims & Hers and more

Check out the companies making headlines in midday trading. Hims & Hers — Shares of the telehealth startup shares lost more than 10% after the U.S. Food and Drugs Administration said the active ingredient in Eli Lilly’s Mounjaro and weight loss drug Zepbound is no longer in shortage . Hims & Hers gives access to

Stocks making the biggest moves midday: Darden Restaurants, Micron Technology, Lamb Weston, Hims & Hers and more Read More »

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Wall Street's fear gauge — the VIX — saw second-biggest spike ever on Wednesday

Wall Street’s fear gauge — the VIX — spiked by the second biggest percentage in its history on Wednesday, after the Federal Reserve jolted the stock market by saying it would dial back its rate-cutting campaign. The CBOE Volatility Index surged 74% to close at 27.62, up from around 15 earlier in the day. That

Wall Street's fear gauge — the VIX — saw second-biggest spike ever on Wednesday Read More »

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