Fri, May 26, 2023 6:26 PM
Swiggy’s outgoing CTO Dale Vaz secures $7-10 million in funding
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Ally Financial (NYSE: ALLY) is a leading auto lender, but there's a lot more to the business. Its recent results show that the business is holding up significantly better than investors expected, and it could be a massive beneficiary of falling interest rates in the years ahead, as I discuss in this brief video.*Stock prices used were the afternoon prices of April 23, 2024.
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Colgate-Palmolive Company CL shares are trading slightly higher after the consumer giant reported first-quarter FY24 sales growth of 6.2% year-on-year to $5.065 billion, beating the analyst consensus estimate of $4.956 billion. Organic sales increased by 9.8%. Total Oral, Personal, and Home Care net sales increased by 6.8% to $3.96 billion.
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Bill Ackman is one of the world's most famous investors. The CEO of Pershing Square Capital Management has been dubbed "Baby Buffett" in the past. And, among other things, he's known for turning $27 million into $2.6 billion in the early stages of the pandemic by buying hedges on bond prices crashing, which paid off when markets plunged in March 2020.
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