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Three reasons why this struggling fintech stock may break out of its slump

Three reasons why this struggling fintech stock may break out of its slump

[ad_1] PayPal tumbled 16% this week, but one top analyst is making a bullish long-term case for the struggling stock.The company's underperformance follows leadership uncertainty. PayPal's chief financial officer, John Rainey, announced last week he'll leave the company in late May. Yet, Bruderman Asset Management's Akshata Bailkeri made an optimistic

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Wild inflation will hurt all financial assets, market researcher Jim Bianco warns

Wild inflation will hurt all financial assets, market researcher Jim Bianco warns

[ad_1] There may be no escape from the bond market turmoil — even for stock investors.Market researcher Jim Bianco warns critical Federal Reserve policies to control wild inflation will inflict widespread losses on Wall Street."Eventually, this is going to come back and hurt all financial assets," the Bianco Research president

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Americans are ready to travel as their omicron fears fade

[ad_1] Göreme, in the Cappadocia region of central Turkey.Westend61 | Westend61 | Getty ImagesAmericans' enthusiasm for travel has rebounded to levels unseen since the broad rollout of Covid-19 vaccines last year, as their wanderlust eclipses hesitation fueled by the omicron and delta virus variants.Nearly 82% of people are in a

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‘Double down’ on defense because stocks will plunge another 10%, Morgan Stanley’s Mike Wilson warns

[ad_1] Investors may be playing with fire.According to Morgan Stanley's Mike Wilson, the S&P 500 is vulnerable to a 10% plunge despite Monday's late buying binge. He warns investors are dangerously downplaying a collision between a tightening Federal Reserve and slowing growth."This type of action is just not comforting. I

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Worried a Covid test you buy online might be fake? Here are 3 ways to protect yourself

[ad_1] Hache | E+ | Getty ImagesNew Covid cases are rising fast and at-home rapid tests are in high demand.But consumers scrambling to buy tests online — especially as brick-and-mortar retailers sell out or limit supply — may get duped into buying a fake or unauthorized test kit.Demand for test

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This dot-com bubble dynamic may drive the S&P 500 above 5,500 this year

[ad_1] Market bull Julian Emanuel sees a dot-com era dynamic that could shatter the S&P 500's record highs.In his first TV interview since starting at Evercore ISI, Emanuel told CNBC's "Fast Money" an electricized public could drive the index to 5,509 this year."They really haven't committed sort of every last

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Tuesday’s market bounce could lead to a record 2022, Oppenheimer’s top strategist says

[ad_1] A top strategist suggests the market is settling down.Despite Covid-19 omicron risks, Oppenheimer Asset Management's John Stoltzfus suggests Tuesday's market bounce is real."We believe in it. We think investors should as well," the firm's chief investment strategist told CNBC's "Trading Nation." "The selling that we've seen over the last

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‘Santa rally’ won’t rekindle due to omicron risks and profit-taking, PNC Financial’s CIO predicts

[ad_1] PNC Financial is throwing cold water on the fourth-quarter rally.Covid omicron fears will take a heavy toll on risk appetites over the next two weeks, according to Chief Investment Officer Amanda Agati."We've already gotten the Santa rally," she told CNBC's "Trading Nation" on Monday. "We're seeing a little bit

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‘Cash could be your friend’: Wilmington Trust sees a deeper pullback providing better opportunities for investors

[ad_1] The stock market's volatility jump may be in its early stages.Despite a bullish 2022 outlook, Wilmington Trust's Meghan Shue expects the wild swings to ramp up as investors digest a less accommodative Federal Reserve and assess new risks tied to the Covid omicron variant."While we're overweight to equities, we're

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Investor Peter Boockvar blames Fed policy ‘mistake’ for surging housing and auto prices

[ad_1] Investor Peter Boockvar is slamming the Federal Reserve over surging inflation that's driving up the cost of essential, big-ticket items.As Fed policy makers gather for their two-day meeting on interest rates, Boockvar warnsthere's little they can do to cool prices."Monetary policy mostly and pretty much predominantly influences the demand

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