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Stocks making the biggest moves midday: Home Depot, Robinhood, SoFi and more

A shopper leaves a Home Depot with merchandise that she purchased on August 17, 2021 in Alexandria, Virginia.Alex Wong | Getty ImagesCheck out the companies making headlines in midday trading.Home Depot — Shares of Home Depot jumped more than 5% after the home improvement retailer beat on earnings. The

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UK software firm Blue Prism surges 10% on potential bidding war

Lines of code displayed on a computer screen.Degui Adil / EyeEm | EyeEm | Getty ImagesLONDON — Shares of Blue Prism surged Tuesday after the British software company disclosed it received a takeover offer from U.S.-based tech firm SS&C Technologies Holdings, setting off a potential bidding war.London-listed Blue Prism

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Credit card start-up Upgrade jumps 83% in valuation in just four months to $6.28 billion

Upgrade CEO Renaud Laplanche speaks at a conference in Brooklyn, New York, in 2018.Alex Flynn | Bloomberg via Getty ImagesUpgrade, the fintech start-up that turns credit card balances into installment loans, has closed a fundraising round that values the company at $6.28 billion, CNBC has learned.The company raised $280

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Stocks making the biggest moves in the premarket: Rackspace Technology, Axon Enterprise, Royalty Pharma and more

Take a look at some of the biggest movers in the premarket:Rackspace Technology (RXT) – Rackspace beat estimates by a penny a share, with quarterly earnings of 25 cents per share. The cloud computing company's revenue also topped Wall Street forecasts. It was Rackspace's eighth consecutive quarter of revenue

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Wall Street bankers and traders are in line for biggest bonuses since Great Recession, report says

The Wall St. sign is seen near the New York Stock Exchange (NYSE) in New York City, May 4, 2021.Brendan McDermid | ReutersWall Street is set to see the highest bonuses since the Great Recession after a busy and profitable 2021, according to a report from pay consultancy Johnson

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Post-Covid work arrangements bring cyber insurance into spotlight

Remote and hybrid work arrangements post Covid have made cyberattacks easier and more attractive for cybercriminals as a result of which insurance costs for protection against such eventualities have increased. Moody's Investor Services estimates that the total prremium paid for protection against cyber frauds and ransomware attacks have increased to

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Significant percentage of borrowers prefer online mode for securing loan: Survey

A significant percentage of borrowers led by millennials, prefer online mode to secure loans rather than traditional offline channels, indicating an increase in digital penetration during the COVID-19 period, says a survey. Post the second wave of COVID-19 pandemic, shows a largely positive consumer borrowing trend and thereby, reflects a

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