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Micromobility startups Tier and Dott plan to merge to find a path to profitability

TechCrunch: M&A

After years of exploding growth and massive funding rounds, it’s time for consolidation in the micromobility industry. Tier and Dott, two leading European companies in the space, have announced that they plan to merge. The transaction is expected to close within two months of today’s news.

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Bank of America downgrades hot IPO and Nvidia derivative CoreWeave, citing valuation

CNBC: Investing

Skip Navigation Markets Pre-Markets U.S. " Shares of the AI cloud-computing firm have surged more than 37% so far in June and were about 4% higher on Monday.

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Hapag-Lloyd keeps recently raised outlook despite 9-month profit drop

Global Banking & Finance

FRANKFURT (Reuters) – German container firm Hapag-Lloyd on Thursday posted a 47% drop in net profit for the first nine months of 2024 but retained its recently raised earnings outlook for the full year, citing higher transport volumes driven by demand.

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Goldman Sachs says buy these five stocks that are set to rally

CNBC: Investing

Skip Navigation Markets Pre-Markets U.S.

Stock 129
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Engie Q1 profit drops on warmer winter, steady market

Global Banking & Finance

Engie Q1 profit drops on warmer winter, steady market By America Hernandez PARIS (Reuters) – French energy company Engie said on Friday first-quarter earnings fell 3.2% The company, which produces, transports and sells gas and electricity, said earnings before interest […]

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Bank of America says buy these five stocks that are set to rally in the second half

CNBC: Investing

"We expect this to translate to scaling profitability growth and free cash flow generation," Navon said. We expect this to translate to scaling profitability growth and free cash flow generation." Skip Navigation Markets Pre-Markets U.S. Shares are up 16% in 2025. " Hinge Health "Leader in a $18.5

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JPMorgan says shares of this little-known online lender can rally more than 50%

CNBC: Investing

Analyst Katherine Lei said Qifu's return on equity — a widely followed profitability measure — will grow at a 9% clip from 2024 to 2027, while its earnings expand at a compounded annual growth rate of 24%. Skip Navigation Markets Pre-Markets U.S. The bank initiated the stock with an overweight rating and a $65 per share price target.

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