Category: Strong
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Alibaba Health surges 13% on strong FY earnings By Investing.com
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Investing.com–Stocks Ali Baba Health IT (HK:) rose sharply on Tuesday after the company reported a sharp jump in its annual profits thanks to improving margins and strong demand for healthcare services and pharmaceuticals on its platforms. The company, which was acquired by e-commerce giant Alibaba Group (HK:) (NYSE:) in 2014,…
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Aurobindo Pharma Outperforms Expectations with Strong Q4, Eyes Robust Growth Ahead By Investing.com
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Aurobindo Pharma (NS:) outperformed expectations in 4QFY24, with both sales and EBITDA showing significant year-on-year growth. Sales rose 17%, while EBITDA rose an impressive 68%, beating Goldman Sachs (NYSE:) expectations and those of the broader market. This strong performance was driven by strong growth in key geographic markets, both developed…
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A strong first 100 days suggests a strong rest of the year for the S&P 500 By Investing.com
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A strong first 100 days for the S&P 500 set the stage for the rest of the bull year, analysts at Bank of America Securities said in a note Friday. According to the bank’s research, when the S&P 500 rises 10%+ in the first 100 days, the rest of the…
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Borroe Finance emerges as a strong contender while WIF, TON lag behind
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Disclosure: This article does not constitute investment advice. The content and materials contained on this page are for educational purposes only. Borroe Finance (ROE) is showing promising potential amid the market rally, while Dogwifhat and Toncoin are struggling. Dogwifhat (WIF) is among the few hype-based coin offerings that have been…
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Deutsche Bank lifts S&P 500 target on strong earnings By Investing.com
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Strategists at Deutsche Bank increased their target for the end of the year to 5,500, compared to the previous 5,100. The review is based on a strong earnings cycle and the expectation that market confidence will grow by the end of the year, which should positively impact US stocks. “We…
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Black Rifle Coffee outlines strong Q1 growth, partners with Keurig By Investing.com
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Black Rifle Coffee Company (BRCC) has reported a robust financial performance in the first quarter of 2024, with net revenue climbing 18% from the previous year. This growth was largely fueled by a 51% surge in the wholesale business. The company achieved record margins, profitability, and cash flow, and announced…
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Oil extends fall on signs of weak fuel demand, strong dollar By Reuters
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Written by Florence Tan SINGAPORE (Reuters) – Oil prices continued to decline on Monday amid signs of weak demand for fuel and at a time when statements by Federal Reserve officials (the US central bank) weakened hopes for lowering interest rates, which could lead to slowing growth and reducing demand.…
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Global Crossing Airlines reports strong revenue growth By Investing.com
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Global Crossing Airlines (JET:NASDAQ) has announced a significant uptick in its financial performance for the first quarter of 2024, with a 67% increase in revenue to $53.8 million and a 16-fold rise in EBITDA year-over-year. Despite this growth, the company reported a net loss of $6.3 million and ended the…
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Credicorp reports strong Q1 with digital growth and stable ROE By Investing.com
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Credicorp Limited (NYSE: NYSE:), a leading financial services holding company in Peru, has reported robust first-quarter results for 2024, with CEO Gianfranco Ferrari (NYSE:) highlighting the company’s strong return on equity (ROE) and the positive economic outlook for Peru. Despite challenges such as a recent sovereign credit rating downgrade and…
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Brookfield Corporation reports strong Q1 financials By Investing.com
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Brookfield Corporation (ticker: BAM), a leading global alternative asset manager, has reported robust financial results for the first quarter of 2024. The company’s distributable earnings before realizations reached $1 billion for the quarter, marking a 10% increase from the previous year. A significant milestone was achieved through the acquisition of…
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AppLovin shares target raised by BTIG on strong 1Q24 performance By Investing.com
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On Thursday, BTIG revised its outlook on AppLovin Corp (NASDAQ:) shares, increasing the price target to $100 from $87 previously, while reiterating a Buy rating on the stock. The decision comes on the heels of AppLovin’s Q1 2024 results, which exceeded both consensus expectations and higher buy-side expectations, primarily due…
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Manitex International posts strong Q1 growth, maintains 2024 outlook By Investing.com
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Manitex International, Inc. (NASDAQ:), a leading international provider of cranes and specialized industrial equipment, reported robust financial results for the first quarter of 2024. The company saw an 8% organic revenue growth and a significant 33% increase in EBITDA compared to the same period last year. This performance is attributed…
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Trinity Industries posts strong Q1 results, raises EPS outlook By Investing.com
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Trinity Industries , Inc. (NYSE:) delivered a robust financial performance for the first quarter of 2024, marked by a significant 26% increase in revenue year-over-year. The company’s first quarter future lease rate differential (FLRD) reached 34.7%, which stands as the second-highest in the past four years. In light of these…