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Daily Updates | Page 6

Daily Updates

Halloween Spending Forecast
Daily Updates

Americans Set to Haunt Their Wallets: Over $12 Billion Halloween Spending Forecast

Ghouls and ghosts aren't the only things frightening Americans this Halloween season. The Halloween celebrations are projected to hit a record-breaking spending spree, crossing the $12 billion mark. From spine-chilling costumes to pumpkin-flavored treats, no price tag seems to dampen the spirits of Halloween enthusiasts across the country. Halloween Expenditure Surge The scare fest is…
October 26, 20230Comments

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AT&T Reports Better
Daily Updates

AT&T Surpasses Earnings Expectations and Ups Free Cash Flow Guidance in Impressive Q3 Report

AT&T's third-quarter results have shown improvement in its subscriber growth and generation of free cash flow while steadily increasing profits. The company's income from continuing operations for the third quarter has fallen to $3.8 billion or 64 cents per diluted share, compared to $6.3 billion in the year-ago quarter. Revenue has increased by 1% year-over-year…
October 20, 20230Comments

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New Class of Global Elites
Daily Updates

The Rise of Centi-Millionaires: Exploring the New Global Elite

Billionaires often capture the spotlight with their opulent lifestyles and high-profile ventures, but beneath this stratum of extreme wealth lies a rapidly expanding cohort that is making significant waves in the world of finance and global citizenship.  According to a groundbreaking report, the world is witnessing the meteoric ascent of centi-millionaires, a group of ultra-high-net-worth…
October 19, 20230Comments

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Netflix Grows Revenue
Daily Updates

Netflix Q3 Revenue Surges with Password Tracking and Ad-Supported Tiers

An increase in Netflix’s revenue has been seen for the third quarter as its password-sharing crackdown and ad-supported subscription tier, launched last year, has begun to accelerate. 8.76 million more subscribers in the third quarter than in the previous quarter has been reported as its password-sharing crackdown has become effective.    The online streaming OTT platform has…
October 19, 20230Comments

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JPMorgan’s Big Profit Growth
Daily Updates

JPMorgan’s Big Profit Growth Isn’t Likely to Persist

The global financial market's recent turbulence, started by geopolitical tensions and the ever-fluctuating oil prices, has placed JPMorgan Chase's standout third-quarter performance under the spotlight.  With a substantial 35% surge in profits, an impressive $13.15 billion, and a remarkable 21% revenue uptick, surpassing initial estimates, the banking giant initially appeared to defy the market's bearish…
October 18, 20230Comments

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