Wednesday, September 22, 2021
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Stocks will break out of trouble and hit new record highs, market bull Tony Dwyer predicts

A significant buying opportunity may be unfolding on Wall Street.Canaccord Genuity's Tony Dwyer believes a record rally will follow the recent market tumult."We're going to move from this summer of indigestion into the year-end opportunity," the firm's chief market strategist told CNBC's "Trading Nation" on Tuesday. "We're just not

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Revolut, the $33 billion fintech player, is rolling out commission-free stock trading in the U.S.

Revolut CEO Nikolay Storonsky speaks onstage at the TechCrunch Disrupt conference in San Francisco, California.Kimberly White | Getty ImagesRevolut, the global fintech player valued at $33 billion, will soon offer commission-free stock trading to U.S. customers for the first time, CNBC has learned.The start-up is set to announce Tuesday

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Klarna CEO says market volatility has him ‘nervous’ about an IPO

LONDON — Klarna will likely wait for volatility in the stock market to settle before solidifying plans for an initial public offering, CEO Sebastian Siemiatkowski has told CNBC."The volatility in the market right now makes me nervous to IPO to be honest," Siemiatkowski told CNBC's Karen Tso at the

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How buy now, pay later became a $100 billion industry

Klarna logos displayed on a laptop and phone screen.Jakub Porzycki | NurPhoto via Getty ImagesBuy now, pay later is having a moment.Millions of shoppers now use a buy now, pay later, or BNPL, service to finance their purchases. And the options are more varied than ever — Klarna, Affirm

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India could surpass the UK as the world’s 5th largest stock market by 2024, Goldman says

Investors have been pouring money into India's stock market, and it could grow to more than $5 trillion to become the fifth largest in the world within three years, according to Goldman Sachs.Indian start-ups have raised $10 billion through IPOs so far this year — more money than was

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Fintech firm Wise launches feature that lets users spend money invested in stocks

The Wise logo displayed on a smartphone screen.Pavlo Gonchar | SOPA Images | LightRocket via Getty ImagesLONDON — British financial technology firm Wise debuted an investments feature Tuesday that lets users invest in stocks through multiple currencies and spend their holdings.The new feature, called Assets, allows customers to invest

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Microsoft GitHub rival GitLab files to go public after annualized revenue tops $200 million

GitLab CEO Sid Sijbrandij at company event in LondonGitLabGitLab, a provider of cloud-based software that allows developers to share code and collaborate on projects, is the latest high-growth tech company to line up for an IPO.The company said Friday that it plans to list on the Nasdaq under ticker

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JPMorgan to launch digital bank in the UK next week

Signage outside a Chase bank branch in San Francisco, California, on Monday, July 12, 2021.David Paul Morris | Bloomberg | Getty ImagesLONDON — JPMorgan Chase is gearing up to debut its hotly anticipated digital bank in the U.K. next week.The move will see the U.S. banking giant take on

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Ginkgo Bioworks begins trading on the NYSE after completing SPAC merger

Jason Kelly, Founder, Ginkgo BioworksScott Mlyn | CNBCBoston-based Ginkgo Bioworks began trading on the New York Stock Exchange on Friday, becoming the latest company to close a SPAC merger and go public. Shares opened at $11.15 apiece under ticker symbol "DNA," giving the five-time CNBC Disruptor 50 company a market

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