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If BNP stock can strongly rebound from the current support level, it will be a new bull run capable of ATH breakout.French international banking group BNP Paribas SA (EPA: BNP) stock has jumped over 6% on Tuesday after the company reported mixed results for the third quarter. At the time
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PayPal’s cryptocurrency products are going to expand rapidly in 2021, executives said on the payments giant’s third-quarter earnings call Monday evening.When talking about central banks creating retail-facing digital currencies, PayPal CEO Dan Schulman said the company was looking to create “the most expansive and compelling digital wallet in the world.” Schulman
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Such a surge in Amazon’s revenue resulted from the coronavirus pandemic that made people stay at home and order online instead of doing shopping in stores. The leading e-commerce retailer Amazon.com Inc (NASDAQ: AMZN) has announced financial results for Q3 that ended September 30, 2020. Due to a surge in online
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Energy company BP has reported $0.1 billion in underlying replacement cost profit, surpassing analysts’ expectations of $347 million loss in Q3.Energy company BP Plc (LON:BP) has exceeded analysts’ expectations as it reported profits for the third-quarter (Q3). The earnings result, which was released on October 27th, showed that the company
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The $1 billion in deposit growth from digital asset banking at crypto-friendly Signature Bank was driven in part by the bank holding the dollars backing stablecoins, CEO Joseph DePaolo said on a third-quarter earnings call Tuesday.Prominent stablecoins like USDC, PAX and TUSD are backed by actual dollars held in bank
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Morgan Stanley has made a big jump following its previous quarter reports that were marred by the influence of the coronavirus pandemic.Investment banking giant Morgan Stanley (NYSE: MS) has posted a better than expected earnings for its Q3 on Thursday. According to Reuters, the Q3 earning Morgan Stanley reported came
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JPM stock was down 1.38% on Tuesday’s opening hours in the market. The bank has reported better-than-expected net profits with the bottom line getting good support from its investment banking services.On Tuesday, October 13, Wall Street banking giant JPMorgan Chase & Co (NYSE: JPM) delivered better-than-expected Q3 earnings. During Q3
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“2020 seems to be the year of stablecoins,” said Tether CTO. Source
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The Nasdaq-listed mining manufacturer dropped 2% in Q3. Source
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Wall Street anticipates a vaccine by November ahead of the presidential election. Institutional investors are likely to enter the stock market as vaccines offset weak fundamentals. Nations can reopen their economies freely with vaccines, lowering the threat of a second virus outbreak. After a historic rally, the U.S. stock market has lacked conviction
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