This equity serves as a potent disinflation factor
Article Rewrite:
It's a Winner: This Stocks Soars High Amid Inflation and Consumer Slowdown
Pessimism surrounded the market like a dark cloud: How would rising inflation squeeze consumers' pockets? But the third-quarter results from this hot company have set those doubts ablaze. Compared to last year, the ride-hailing giant announced a whopping 72% surge in revenue, with earnings climbing an impressive 81% in constant currency. With a whopping $8.34 billion, they even exceeded the analysts' expectations who were hoping for just $8.1 billion. As a result, investors jumped on the bandwagon.
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Other Highlights in the Magazine:
Too Much Hot Air: With fewer countries ramping up their climate protection efforts, the role of impact investors becomes increasingly crucial (p.20)
Furry Fortunes: Pets are no longer just a niche market – the coronavirus pandemic and evolving demographics have transformed it into a lucrative business trend (p.22)
More Glamour than Gold: Despite their fame on radio and television, these celebrities have room for improvement in the world of fund management (p.26)
Reversal on the Horizon: Signs of the bear market ending are showing up, but for a lasting trend reversal, the Fed also needs to get on board (p.30)
Profitability Returns to Bausparen: High interest rates have made this form of financing attractive again, as our test reveals which providers offer the best deals, advice, and service (p.36)
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- Amidst the concerns over inflation and slowing consumer spending, the ride-hailing firm's third-quarter results exceeded analysts' expectations, with a revenue surge of 72% and earnings climbing 81% in constant currency.
- With the role of impact investors becoming increasingly crucial as fewer countries ramp up climate protection efforts, investing in stocks that outperform amid inflation could be a promising strategy.
- The stock market soared high during the third quarter, as investors jumped on the bandwagon of a firm that posted impressive earnings growth despite inflationary pressures and a consumer slowdown.
- Despite the amidst inflation and a consumer slowdown in the market, high interest rates have made certain forms of finance attractive again, such as Bausparen, demonstrating the resilience of the finance sector.
