UK Finance Minister Reeves: Britain's economy is not broken

7 months ago 40

RNG +28.2% on MVP, but billings growth slows. AMCX +19.8% on broadcast, but revenue dips. PINC +19.4% in healthcare, but sales tumble.

HURN surges 27.8% EPS on 10.9% revenue growth, trading at 17.9x P/E. TSN struggles with 1.1% growth, 7.4% margin, 14.5x P/E.

BE surges 43% on 15.8% revenue growth & positive FCF, while LASR dips 1.6% & ARRY faces sales challenges. Valuation watch!

OKX fined €2.25M by Dutch regulators for unregistered crypto services. Other exchanges like Crypto.com & Kraken also faced penalties.

Eurozone PMI hits 12-month high (51.0) on manufacturing boost, but services lag. Inflation ticks up to 2.1%.

US billionaires hit 1,135! Wealth concentration grows as markets favor the ultra-rich. Watch for wealth inequality impacts.

Wall Street Journal

41m ago

HK probes insider dealing at stock exchange & regulator. Leaks may affect dozens of firms; 10.26% of deals leaked in 2023.

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