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Finance & Markets

Faltering Philippine Growth Spurs Calls for State Action, Pause in Rate Hikes

A surprise slowdown in the Philippine economy has triggered calls for the central bank to go easy on interest rate increases, and for President Ferdinand Marcos Jr. to do more to revive growth.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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Why Cloudflare Stock Soared on Monday

An analyst price target increase was indicative of positive sentiment toward the company's latest quarterly earnings.

  • Cloudflare's stock surged on Monday, reflecting strong investor sentiment.
  • Analyst James Fish raised Cloudflare's price target from $333 to $337 per share.
  • The company reported a 39% increase in third-quarter revenue to $782.5 million.

Take-Two Q2 Loss Narrows

(RTTNews) - Video games developer Take-Two Interactive Software, Inc. (TTWO), on Monday reported a narrower loss for the second quarter.

PepsiCo to cut some jobs in North America

The company lowered its full-year earnings forecast last month

  • PepsiCo plans to cut positions in North American division.
  • Job cuts aim to enhance speed, execution, and growth investments.
  • Cuts target sluggishness in beverage segment and declining soda sales.

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