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Stocks making the biggest moves midday: Shopify, Etsy, Twitter and more

Elon Musk twitter account is seen through Twitter logo in this illustration taken, April 25, 2022. Dado Ruvic | ReutersCheck out the companies making headlines in midday trading Thursday:EPAM Systems — Shares jumped 10% after the computer software company posted better-than-expected results for the previous quarter. EPAM reported $2.49 earnings

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Binance is backing Elon Musk’s Twitter acquisition — here’s why it’s a big deal for crypto enthusiasts

Binance is the world's largest crypto exchange, handling billions of dollars in trading volumes on a daily basis.STR | NurPhoto via Getty ImagesBitcoin exchange Binance's move to participate in Elon Musk's $44 billion takeover of Twitter could boost digital currency evangelists' hopes for the development of a more "decentralized,"

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Despite the Fed’s big rate boost, most banks will still pay paltry interest rates

Jerome Powell, Federal Reserver Governor.Katie Kramer | CNBC The Federal Reserve just raised its benchmark interest rate by half a percentage point, its largest such move in more than two decades, as it seeks to tame inflation.The central bank's actions mean that, in an era of sharply rising prices

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Elon Musk and Cathie Wood knock passive index investing, saying it’s gone too far

Cathie Wood, chief executive officer and chief investment officer, Ark Invest, gestures as she speaks during the Bitcoin 2022 Conference at Miami Beach Convention Center on April 7, 2022 in Miami, Florida.Marco Bello | Getty ImagesElon Musk and Cathie Wood took aim at index funds in a Twitter thread,

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Gold rallies Rs 559; silver jumps Rs 1,179

New Delhi: Gold in the national capital on Thursday rallied by Rs 559 to Rs 51,081 per 10 grams reflecting gains in international precious metal prices, according to HDFC Securities. In the previous trade, the precious metal settled at Rs 50,522 per 10 grams. Silver also jumped Rs 1,179

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RBI’s rate hikes to weigh down on banking system credit growth: India Ratings

The surprise rate hike by the RBI signalling a reversal of the interest rate cycle will weigh down on the banking system's credit growth, which was showing signs of revival with an 11 per cent growth, a report said on Thursday. The tailwinds supporting a pick-up in credit growth

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Stocks making the biggest moves premarket: Twitter, SeaWorld, Shopify and more

Check out the companies making headlines before the bell:Twitter (TWTR) – Twitter rose 1.5% in premarket action after Elon Musk detailed $7.2 billion in financing commitments for his deal to buy the company. An SEC filing shows Oracle co-founder Larry Ellison and investor Ron Baron are among those committing

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