Golden Financier – Page 62 – Investing and Stock News

Stock

KLM reorganization set to boost profits by €450 million annually with cost cuts and fleet renewal

LM has announced a restructuring plan aimed at increasing its profits by €450 million per year over the next few years. The Dutch airline is grappling with rising costs, including…

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Stock

Is the soaring Hims & Hers stock a good investment?

Hims & Hers (NASDAQ: HIMS) stock has done well since the company went public a few years ago. It has soared by over 193% in the last 12 months and…

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Stock

European stocks slip as tech and auto sectors plunge, inflation data fuels rate cut hopes

European stock markets closed lower on Thursday, with the technology sector leading the decline, notably impacted by German software giant SAP. Investors were also digesting critical inflation data from the…

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Latest News

Ireland set to invest Apple’s €14bn tax windfall in critical infrastructure

Earlier this month, Apple was ordered to pay €14bn in back taxes to Ireland, following a long-standing legal battle with the European Commission. The unexpected financial windfall is set to…

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Investing

RTX stock price is firing on all cylinders: is it a good buy?

The RTX (RTX) stock price continued its robust surge as geopolitical tensions rose this week. It jumped to a fresh all-time high of $124.40 on Tuesday, bringing the year-to-date gains…

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Investing

From 13.5 to 40: Here’s why the Zimbabwe ZiG is imploding

The Zimbabwe ZiG, a currency launched in April, has imploded, raising fears of sticky inflation and more US dollar demand. The official USD to ZIG exchange rate was listed at…

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Investing

Xiaomi stock price has entered beast mode: more upside left?

The Xiaomi stock price continued soaring, reaching a high of $24, its highest point since 2022 bringing its market cap to over HKD 605 billion or $72.4 billion. This growth…

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Investing

Warner Bros stock a dirt cheap bargain or a value trap?

Warner Bros. Discovery (NASDAQ: WBD) stock has been one of the worst performers in the media industry this year. It has dropped by over 28% this year, while the S&P…

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Investing

Red alert as the Petrobras forms the risky diamond pattern

Petrobras (PBR) stock price has moved sideways in the past few months as traders focused on the ongoing oil and gas volatility. Its American ADRs were trading at $15 on…

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Economy

Samsung to cut thousands of jobs amid struggles in AI market

Samsung Electronics Co. is poised to significantly reduce its global workforce, with layoffs planned across Southeast Asia, Australia, and New Zealand. Sources close to the situation told Bloomberg that approximately…

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