Investors Gave Up on the Magnificent 7. Earnings Season Tells a Very Different Story

Two stocks are responsible for roughly a third of the market’s earnings growth.

Two stocks are responsible for roughly a third of the market’s earnings growth.
Two weeks after reviving negotiations that ended when PayPal rejected a $53 billion offer, Stripe and its private-equity partner are walking away from what could have been a record fintech acquisition.
Russia Mulls Support for Wildberries After Ukrainian Drone Strikes Government Response and Economic Impact By Gleb Bryanski MOSCOW, July 28 (Reuters) – The Russian government is exploring ways to support Wildberries, the country’s biggest online retailer, and related businesses after Ukrainian drone attacks, with state-controlled bank VTB expected to play a central role, two sources…
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Hasbro’s strongest growth in the second quarter came from an audience most toy companies chase last: adult collectors, hobby gamers and longtime fans. For example, revenue in the Wizards of the Coast and Digital Gaming segment increased 27%, led by the Magic: The Gathering trading card franchise. “Magic fans play and collect for years because…
Ousted Ukrainian Defence Minister’s Failed Election Gamble Sparks Protests Political Turmoil in Ukraine Following Minister’s Dismissal By Dan Peleschuk KYIV, Aug 20 (Reuters) – A bid by ousted Ukrainian defence minister Mykhailo Fedorov to broaden a political fight with President Volodymyr Zelenskiy by calling for wartime elections appears to have backfired, failing to win over…
Stablecoins have gained traction among crypto users, but a key challenge remains—turning ownership into everyday use. Many holders still struggle to find places where they can spend their digital dollars, and according to a recent survey, nearly two-thirds of U.S. stablecoin holders have converted at least some of their holdings back into dollars because merchants…