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Klarna trims full-year revenue, volume outlook as German retail weakens

Klarna trims full-year revenue, volume outlook as German retail weakens

By Supantha Mukherjee STOCKHOLM, Aug 18 (Reuters) - Klarna, the Swedish "buy now, pay later" services provider and online bank, cut its full-year volume and revenue forecast on Tuesday, citing conditions in Germany, its largest market, sending its shares down 17% in premarket trading.
AP News AP News
Wall Street hangs near its records

Wall Street hangs near its records

U.S. stocks are drifting near their record heights
AP News AP News
Global shares slip as worries about rising oil prices offset boost from strong earnings

Global shares slip as worries about rising oil prices offset boost from strong earnings

Global shares are mostly lower, as rising oil prices and worries about inflation weigh on investor sentiment
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World shares are mixed and oil prices slip after worries over stagflation pull US stocks lower

World shares are mixed and oil prices slip after worries over stagflation pull US stocks lower

Shares are mixed in Europe and Asia after U.S. stocks edged back from their all-time high following a weaker than expected report on the U.S. economy
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Germany's Financial Culture Shaped by Historical Hyperinflation and Preference for Bonds

Germany's Financial Culture Shaped by Historical Hyperinflation and Preference for Bonds

Germany's Financial Culture Shaped by Historical Hyperinflation and Preference for Bonds
TheStreet TheStreet
Down 42%, is Netflix stock undervalued or a value trap?

Down 42%, is Netflix stock undervalued or a value trap?

Netflix stock has taken a beating in recent months, down 42% from its all-time highs. For a company once seen as untouchable, the ongoing decline may be making investors nervous.  Notably, Bill Ackman just built a new position in Netflix (NFX) through his hedge fund, Pershing Square Capital ...
Reuters Reuters
Kalshi files for stock index perpetuals in challenge to traditional exchanges

Kalshi files for stock index perpetuals in challenge to traditional exchanges

(Corrects headline to say the filing is for perpetual futures related to a stock index, not the S&P 500; removes reference to S&P 500 from paragraph 1) Aug 18 (Reuters) - Prediction market startup Kalshi filed with the U.S.
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Bally's Corporation Faces Liquidity Concerns Amidst Major Casino Projects

Bally's Corporation Faces Liquidity Concerns Amidst Major Casino Projects

Bally's Corporation Faces Liquidity Concerns Amidst Major Casino Projects
Reuters Reuters
STOXX 600 drops to two-week low on higher bond yields, Middle East uncertainty

STOXX 600 drops to two-week low on higher bond yields, Middle East uncertainty

By Tharuniyaa Lakshmi and Utkarsh Hathi Aug 18 (Reuters) - Europe's benchmark STOXX 600 fell to a more than two-week low on Tuesday, as investors grappled with higher bond yields and renewed inflation concerns, while U.S.
Reuters Reuters
Trading Day: Bonds play the blues

Trading Day: Bonds play the blues

By Jamie McGeever ORLANDO, Florida, Aug 17 (Reuters) - Long-dated government bond yields around the world rose on Monday to levels not seen in decades. This weighed on stocks, which were also pressured by deepening skepticism around a U.S.-Iran peace deal and oil prices rising to a six-week high.
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Bacharach am Rhein Recognized as Top German 'Townsizing' Destination in European Ranking

Bacharach am Rhein Recognized as Top German 'Townsizing' Destination in European Ranking

Bacharach am Rhein Recognized as Top German 'Townsizing' Destination in European Ranking
TheStreet TheStreet
Pandora opens unexpected box as silver price drops

Pandora opens unexpected box as silver price drops

Pandora (PNDORA) just told investors it will keep replacing silver in its jewelry, even though silver's price has fallen significantly from its record high. That decision surprised some market watchers. When the price of a material drops, most companies take the cost savings and move on. Pandora is ...