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Apple reports fourth-quarter results after the bell Monday, following a 25% run up in the stock from a low in late June which added roughly $1 trillion in market value. Gil Luria, head of technology research at DA Davidson, sees the…
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Ethiopia became the first country to ban imports of gasoline-powered cars in 2024. Today, its EV share outpaces the global average, but the road ahead is uncertain. Can Ethiopia’s bet on EVs pay off? (Source: Bloomberg)
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Shares in French train maker Alstom plunged around 30% in Paris
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Marvell Technology Inc.’s $115 billion takeover of data center laser maker Lumentum Holdings Inc. will move Wall Street past a number of mergers and acquisitions milestones in a year already chock-full of megadeals.
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Technology heavyweights are supporting a ballot measure that would raise sales taxes to cover the San Francisco Bay Area’s transit shortfalls — pushing rates above 10% in some areas.
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The US economy isn’t in crisis, but US consumers seem to be, despite stable growth, low unemployment, a relatively low rate of inflation and robust retail spending, Bloomberg Opinion columnist Kathryn Anne Edwards says. (Source: Bloomberg)
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The winds that contain the planet’s coldest air are weakening dramatically, raising the potential for icy blasts across the Northern Hemisphere
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Source: Bloomberg, 0:00
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Large multistrategy hedge funds are managing more money, using a healthy dose of leverage and increasingly investing in the same stocks, according to a new PivotalPath report, creating a potential for greater upheaval in the event of a…
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The UK spent more than £561 million ($753 million) to balance the power grid in October, as soaring gas prices and bottlenecks in the country’s aging network pushed up the cost of keeping the lights on.
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Earl Davis, head of fixed income and money markets at BMO Global Asset Management, explains the factors that make TIPS (Treasury Inflation Protected Securities) “the perfect hedge” to earnings and capex uncertainty in the artificial…
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White House National Economic Council Director Kevin Hassett dismissed concerns about financing of the artificial intelligence build-out, saying there is plenty of capital in the system for such funding.
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India‘s Finance Minister Nirmala Sitharaman urged the Tata Group to resolve its internal leadership dispute amicably, saying the conglomerate’s standing as a global brand and its contribution to the Indian economy make an early settlement…
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South African central bank Governor Lesetja Kganyago said the country needs to effectively implement microeconomic reforms before it will see faster growth.
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China will encourage financial institutions to make fuller use of two stock-support tools and optimize their terms, as authorities step up efforts to bolster market stability and confidence.
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Intesa Sanpaolo SpA plans to launch its €33 billion ($37 billion) takeover bid for rival Banca Monte dei Paschi di Siena SpA by the end of this month, according to people familiar with the matter.
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US equity futures advanced, led by technology shares, as falling oil prices offered relief after a bruising week for the artificial intelligence trade.
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New York City Mayor Zohran Mamdani demanded that federal immigration agents stop using city-owned property to stage enforcement actions, escalating his fight against ICE operations after an agent shot a Dominican man last month.
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Jessica Taylor, senate and governors editor at The Cook Political Report, examines the Michigan senate race as Democratic Representative Haley Stevens backed Republican candidate Mike Rogers, breaking with Democratic nominee Abdul…
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MCX spot gold is up about 3% this year, largely because the rupee has weakened against the dollar.
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Technology took us out of our homes. It gave us a boss, office politics and an alarm clock — and it was awful. We got used to it; we made it work. Now technology might take those jobs away. But perhaps it will also restore the autonomy and…
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The continent risks missing out on a demographic opportunity if urban planning fails to keep pace with rapid population growth.
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Traders and analysts that make up this online financial community have been left searching for answers after being locked out of their X accounts.
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