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Ant Group IPO could resume if it resolves issues: PBOC governor

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Ant Group IPO could resume if it resolves issues: PBOC governorSearch quotes, news & videos x+1'); } catch (e) { return false; } return true; } ...

Microsoft (MSFT) earnings Q2 2021

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Microsoft stock rose as much as 6% in extended trading on Tuesday after the company reported fiscal second-quarter earnings Azure cloud revenue growth and quarterly revenue guidance that exceeded analysts' expectations.Here's how the company did:Earnings: $2.03 per share, adjusted, vs. $1.64 per share as expected by analysts, according to Refinitiv.Revenue: $43.08 billion, vs. $40.18 billion as expected by analysts,...

Biden administration orders additional 200 million doses of vaccine

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The Biden administration is working to purchase an additional 200 million doses of the Covid-19 vaccine, a move that could provide enough doses for nearly every American to get fully inoculated by the end of the summer, President Joe Biden said Tuesday.The government is seeking 100 million doses from Pfizer and 100 million from Moderna, an order that would be...

Japanese Card Giant JCB Readies Crypto Interoperability Pilot

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Source: Adobe/yukipon00In Japan, a major player in the conventional financial sector is edging closer to crypto adoption – as credit card giant JCB announced that it would be working on a crypto-related pilot. In a press release, the Japanese card firm said that it had begun working on a pilot with Cowry, a Tokyo-based payments and...

Tilman Fertitta sees another ‘Roaring Twenties’ for economy post-Covid

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Billionaire restaurateur and casino operator Tilman Fertitta told CNBC on Tuesday he expects strong consumer spending to fuel the U.S. economic recovery from the coronavirus pandemic."The consumer is coming back. I'm telling you, where we can do business, we are doing business," the Landry's chairman and chief executive said on "Power Lunch.""This is going to be the 'Roaring Twenties.'...

Alphabet, Facebook rise as Microsoft ad units do better than predicted

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Microsoft CEO Satya Nadella speaks during the annual Microsoft shareholders meeting in Bellevue, Washington on November 29, 2017. / AFP PHOTO / Jason Redmond (Photo credit should read JASON REDMOND/AFP via Getty Images)JASON REDMOND | AFP | Getty ImagesShares of Alphabet, Facebook and other advertising-driven internet companies gained in extended trading...

Microsoft, GameStop, Starbucks & more

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Satya Nadella, chief executive officer of Microsoft Corp., speaks during the company's annual shareholders meeting in Bellevue, Washington, on Nov. 29, 2017.David Ryder | Bloomberg | Getty ImagesCheck out the companies making headlines after the bell:Microsoft — Shares of the software giant popped more than 5% in after-hours trading after the company reported fiscal second-quarter earnings and revenues well...

Stock futures tick upward as Microsoft kicks off big-tech earnings on a high note

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Stock futures tick upward as Microsoft kicks off big-tech earnings on a high noteSearch quotes, news & videos x+1'); } catch (e) { return false; } return true; ...

Sen. Patrick Leahy, set to preside over Trump impeachment, taken to hospital

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Sen. Patrick Leahy, D-VT, speaks during the start of a Senate Judiciary Committee oversight hearing on Capitol Hill in Washington,DC on August 5, 2020, to examine the Crossfire Hurricane investigation.Carolyn Kaster | Pool | AFP | Getty ImagesSen. Patrick Leahy, the Vermont Democrat set to preside over the upcoming impeachment trial of former President Donald Trump, was taken to...

Financial Professions Must Pivot to Stave Off Technological Extinction

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Source: Adobe/leungchopanErica Pimentel, PhD Candidate in Accounting, Concordia Public Scholar, Concordia University.___ Blockchain technology threatens to upend the financial sector. While this presents an opportunity to reduce costs for businesses and consumers alike, it may also make some professions, like accounting, obsolete. What can financial professionals do to reposition and rebrand themselves in the face of potential...