All posts in Stock Market Updates

CNBC’s Jim Cramer said on Wednesday that inflation is peaking, which is good news for stocks that have been hammered in recent months. “The stock market … saw peak inflation coming completely. I think you had to be deliberately obtuse to miss it because commodity prices have collapsed a while ago, but now it’s undeniable” , the “Mad Money” host said. Stocks jumped on Wednesday after the consumer price index showed that the rise in inflation slowed in July from a year earlier. All major indexes rose, with the S&P 500 hitting its highest level since May and the Nasdaq…

ATLANTA (AP) – Gov. Brian Kemp says Georgia recorded $21.2 billion in state-tracked business investment, with new and expanding companies pledging to create 51,000 jobs in the year ending 30 of June The Republican governor, who is touting his accomplishments as he seeks a second term against Democrat Stacey Abrams, said it was a new record. Announced investment almost doubled from the previous record, while announced jobs increased by more than 50%. “Our success means hardworking Georgians have every opportunity imaginable to succeed, and it’s what drives our efforts every day,” Kemp said in a statement. In reality, many business…

Former President Donald Trump invoked his Fifth Amendment right against self-incrimination Wednesday during a statement to lawyers from New York Attorney General Letitia James’ office in their investigation into the business practices of the ‘Trump Organization. “I once asked, ‘If you’re innocent, why do you accept the Fifth Amendment?’” Trump said in a statement. “Now I know the answer to that question. When your family, your company, and everyone in your orbit has become the target of a baseless, politically motivated witch hunt backed by lawyers, prosecutors, and the fake news media , heu There is no option. Accordingly, under…

Continued gross margin expansion to 19.1% in 2Q from 17.2% in 1Q, first quarter of positive adjusted EBITDA generation and first quarter of share repurchases under the share offering program normal course (“NCIB”). TORONTO, August 10, 2022 /PRNewswire/ – Payfare Inc. (“Payfare” or “the Company”) (TSX: PAY), a leading fintech powering instant payment and digital banking solutions for the gig workforce, today announced the presentation of its financial statements and discussion of Management and Analysis (“MD&A”) for the end of the quarter June 30, 2022. A comprehensive discussion of Payfare’s financial position and results of operations is provided in the…

Finding niches, discovering new revenue streams and driving the art of the possible across the digital banking value chain MIAMI, August 10, 2022 /PRNewswire/ — techniquesthe company behind Cyberbank, the cloud-native next-generation digital banking platform, continues to redefine the digital transformation journey and customer experience for financial institutions (FIs) with its latest launch of Cyberbank core. The solution signifies the next evolution of the core banking platform that enables retail and commercial banks to accelerate their digital banking efforts and future-proof their businesses. With Cyberbank Core, banks and financial institutions can build innovative products and services based on powerful parameterization…