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On this episode of Stock Movers: - Shopify (SHOP) shares are plunging after its quarterly revenue missed analysts’ expectations for the first time in four years. - Lattice Semiconductor (LSCC) shares are soaring after the chipmaker’s…
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Google parent Alphabet Inc. is back in the municipal bond market for the second time this year with a $1.5 billion prepaid energy deal.
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Creditors to Optimum, Altice and Telesat allege the moves are illegal
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The criminal trial of a quantitative trader for allegedly stealing algorithmic trading code will also put a spotlight on the secretive industry in which he worked.
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The unprecedented investment boom to build out the infrastructure for artificial intelligence is projected to reach more than $10 trillion, if all current plans are realized. The money is coming from many sources, including corporate cash…
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Source: Bloomberg, 0:00
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A spate of cyberattacks involving AI agents from some the world’s top model makers were down to an “error” and time pressures at Israeli security company Irregular Security, according to CEO Dan Lahav.
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A type of so-called perpetual derivative contracts tied to equities got the US Commodity Futures Trading Commission’s green light to start trading.
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Source: Bloomberg, 9:44
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The owner of Marram Montauk, near the easternmost point of Long Island, is exploring a potential sale of the hotel at a time when consumer demand for luxury lodging is pushing up room rates.
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Unilever Plc plans to save €1 billion ($1.1 billion) by the end of 2029 to accelerate Chief Executive Officer Fernando Fernandez’s overhaul of the consumer goods company.
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US job openings jumped 333,000 to 7.52 million from a revised 7.19 million in August while factory orders and durable goods orders also rose. Michael McKee reports on "Bloomberg Open Interest." (Source: Bloomberg)
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El nuevo auge petrolero en el país todavía no produce un barril adicional, pero ya transforma la ciudad en el estado de Anzoátegui: llegan equipos, trabajadores y empresas mientras se disparan los alquileres.
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Americans driving to the polls will pay gas prices averaging over $4 a gallon for the first time on record on an election day, the latest milestone in an energy crisis that has taken center stage in the US midterms.
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Investors pulled over $1 billion from US-listed Bitcoin funds over two trading sessions, as the record Binance hack and uncertainty around the US midterm elections remain an overhang on sentiment.
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Source: Bloomberg, 0:00
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The Bank of France will probably have to revise down its 2026 economic-growth forecast after activity unexpectedly shrank in the third quarter, Governor Emmanuel Moulin said.
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US job openings unexpectedly jumped in September to a four-month high and layoffs fell to the lowest level in over a year, signaling firmer demand for workers heading into the fourth quarter.
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The S&P 500 Index is within about 3% of its latest record high and yet 60% of the benchmark is languishing in bear market territory.
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Mid-market firm has offloaded a number of industrial technology assets this year.
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The UK is “extremely likely” to experience a serious cybersecurity breach in the near future, according to the country’s AI minister Kanishka Narayan.
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Palantir Technologies expects revenue of roughly $2.65 billion in the three months ended Dec. 31. While that beat the $2.46 billion average of analysts’ estimates, the guidance translates into a roughly 15% quarter-over-quarter gain…
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Governor Mikie Sherrill warned New Jersey port and terminal operators against accepting Russian diesel shipments authorized by the Trump administration, arguing that such imports would violate federal law and noting at least one tanker…
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All 435 seats of the US House of Representatives and roughly a third in the Senate are being contested as millions of Americans across the country are casting ballots in the midterm election Tuesday. Early voting turnout has surpassed that…
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