The first stock pick recommended by Wall Street analysts is project management software provider Monday.com (MNDY). The company reported impressive second-quarter results and raised its full-year outlook, driven by strong demand from large customers. In fact, the number of paid customers with more than $100,000 in annual recurring revenue (ARR) increased by 49% to 1,009.
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The federal minimum wage has remained unchanged at $7.25 per hour for the past 15 years, leaving many workers struggling to make ends meet. Democratic presidential nominee Kamala Harris has called for an increase in the minimum wage to support working families. However, despite some states enacting higher minimum hourly pay rates, 20 states still
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The recent discovery by Gilead Sciences of a dangerous drug-counterfeiting operation involving its HIV medications has shed light on a disturbing trend in the pharmaceutical industry. The operation, allegedly orchestrated by Peter Khaim, a known medical fraudster, targeted patients in New York and New Jersey by tampering with and reselling counterfeit Gilead medications. This scheme,
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Flutter’s recent second-quarter earnings report has left investors impressed, with shares soaring by 8% following the announcement. The company’s FanDuel betting platform has been a significant contributor to this success, capturing market share and achieving substantial revenue growth even in states with well-established sports betting and online gaming markets. One of the most notable aspects
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Byron Allen, the media mogul with grand aspirations of acquiring various media assets for billions of dollars, is facing a significant challenge within his own media empire. Reports have surfaced revealing that broadcast stations owned by Allen Media Group, covering markets in more than 20 cities, have been consistently late on payments to network owners
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Tencent has exceeded expectations in the second quarter, showcasing impressive growth in its key gaming division. Revenue came in at 161.12 billion Chinese yuan, surpassing the expected 160.77 billion yuan. Moreover, profit attributable to equity holders of the company reached 47.63 billion Chinese yuan, outperforming the anticipated 39.95 billion yuan. Following a challenging period of
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