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Nvidia Expects Strong Sales for Next-Gen Blackwell Chips

NVIDIA CEO Jensen Huang recently shared his insights on the future of artificial intelligence (AI) and its impact on energy consumption and production at an event in Washington, DC. Following a successful quarter where...
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Euro-Dollar Parity Reemerges Amid Trade Jitters After Trump Win

The recent victory of President-elect Donald Trump has led to concerns about the U.S. imposing new tariffs, causing economists to predict that the euro could reach parity with the dollar by 2025.Following Trump's win,...
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Comcast to Announce Cable Networks Spinoff on Wednesday

Comcast is making a big move by spinning off its cable network channels, according to sources familiar with the matter. This separation process is expected to take around a year, with an official announcement...
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Russia Accuses Ukraine of U.S. Long-Range Missile Attack, Signals Readiness for Nuclear Response

Moscow has indicated that it is prepared for a nuclear confrontation after Ukraine received approval to attack Russian territory using U.S.-made long-range missiles. Following the green light from Washington, Ukraine reportedly wasted no time...
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Global Markets React to Rising Tensions Between Russia and U.S.

Global markets took a hit on Tuesday as tensions between Russia and the U.S. continued to escalate. The Stoxx 600 stock index in Europe dropped nearly 1%, while futures tied to the Dow Jones...
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Fintech Unicorns Eye Klarna’s Debut for IPO Window Reopening

Financial technology unicorns are closely watching the recent move by Klarna to file for a U.S. IPO, despite not being in a rush to follow suit. Klarna's decision to go public has sparked speculation...
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Super Micro Appoints New Auditor to Sustain Nasdaq Listing; Stock Soars 37%

Super Micro Computer Inc., a server manufacturer, has recently appointed BDO as its new auditor in an effort to regain compliance with the Nasdaq exchange. This decision comes after the company fell behind in...
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NBA and Warner Bros. Discovery Reach Settlement on Live Game Rights Lawsuit

Warner Bros. Discovery has decided to end its pursuit of owning a package of live NBA games in the U.S. for the 2025-26 season and beyond. This decision comes after settling all legal disputes...
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Spirit Airlines Files for Bankruptcy Protection Amid Financial Struggles

Spirit Airlines, a well-known budget airline, has recently filed for bankruptcy protection due to financial struggles. Despite this, the airline reassured its customers that operations will continue as normal, allowing them to book tickets...
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Tencent Takes on Amazon and Microsoft Cloud Dominance with WeChat Integration

Chinese tech giant Tencent is making strides in the cloud service industry by utilizing its WeChat super-app ecosystem to provide unique offerings to clients. Tencent Cloud CEO Dowson Tong highlighted the company's focus on...
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House Speaker Johnson Criticizes Ethics Report on Matt Gaetz as ‘Rough Draft’

House Speaker Mike Johnson criticized the release of a rough draft of the House Ethics Committee's report on Matt Gaetz, President-elect Donald Trump's pick for U.S. attorney general. Johnson stated that the report is...
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European Space Startup Raises $160M for Reusable Astronaut Capsule

European Space Startup Raises $160M for Reusable Astronaut CapsuleA European space startup called The Space Exploration Company (TEC) has successfully raised $160 million to further develop its innovative reusable capsule named Nyx. This capsule...
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Restaurant Industry Looks Forward to 2025 Amidst Slow Traffic and Bankruptcies

After a challenging year for the restaurant industry, executives are eagerly anticipating the arrival of 2025. Despite a significant increase in restaurant bankruptcies and a decline in year-over-year traffic throughout 2024, there are signs...
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Chris Wright, Liberty Energy CEO, Chosen as Energy Secretary by Trump

President-elect Donald Trump announced on Saturday that Liberty Energy CEO, Chris Wright, will be the next energy secretary of the United States. Liberty Energy, based in Denver, is an oilfield services company with a...
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Record 60 Million Households Watch Jake Paul vs Mike Tyson Fight on Netflix

The highly anticipated boxing match between Jake Paul and Mike Tyson on Netflix made history with a record 60 million households tuning in worldwide. The event peaked at 65 million streams, showcasing the immense...
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Black Friday Deals: What to Expect and Are They Worth Waiting For?

The period between Thanksgiving Day and Cyber Monday is known for being one of the busiest shopping times of the year. The National Retail Federation's annual survey predicts that this year, there will be...
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McDonald’s Invests $100M+ to Accelerate Recovery from E. coli Outbreak

McDonald's is investing over $100 million to help recover from the recent E. coli outbreak linked to their slivered onions. The fast-food chain plans to support franchise owners who suffered losses by investing $65...
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Space Stocks Surge as ‘Trump-Elon Trade’ Boosts Gains

Space stocks have been on a surge recently, with many companies experiencing significant gains. This increase in stock value is being attributed to what analysts are calling the "Trump-Elon trade," referencing the relationship between...
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Palantir Soars 11% to All-Time High on Nasdaq Move

Palantir Technologies, a software developer for the military, has seen a remarkable increase in its shares, which rose by 11% to an all-time high after announcing plans to move its listing from the New...
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Super Micro Faces Deadline to Maintain Nasdaq Listing After 85% Stock Plunge

Super Micro Computer, a server company, may face delisting from the Nasdaq if it fails to submit a compliance plan by the Monday deadline. The company has been struggling with issues related to late...
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Alibaba Stock Surges 3% in Premarket on Strong Profit Performance

Alibaba's stock saw a 3% surge in premarket trading following a strong performance in profit, despite falling slightly short on sales expectations due to economic sluggishness in China. The company reported a 58% increase...
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Hyundai Appoints Jose Munoz as North American CEO, Effective Jan. 1

Hyundai has announced that Jose Munoz will be taking over as the next president and CEO of the company, starting on January 1. Munoz, who currently serves as the global chief operating officer of...
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Fed Chair Powell Urges Patience in Interest Rate Reductions

Federal Reserve Chair Jerome Powell spoke on Thursday about the strong U.S. economic growth, which allows policymakers to be patient in deciding on interest rate reductions. Powell mentioned that there is no rush to...
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Understanding Deflation Trends in October 2024: A Comprehensive Chart Analysis

In October 2024, deflation trends have been observed in the U.S. economy, particularly in the prices of physical goods. While deflation is not a common occurrence, the past year has seen a decline in...
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Disney’s Strong Earnings Fueled by Streaming Services

Disney's recent financial results have exceeded expectations, with the entertainment giant reporting strong earnings for the fiscal fourth quarter. The company's success can be largely attributed to the growth of its streaming services, which...
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Bitcoin Price Soars to Near $90,000, Breaking Record High

Bitcoin's price surged to nearly $90,000 on Monday night, breaking its previous record high of $80,000. According to Coin Metrics, the cryptocurrency was trading at $89,100, up 12% from its previous level. Earlier in...
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GM Outperforms Peers on Wall Street in 2024: Vindication Achieved

General Motors is shining brighter than its competitors this year as it consistently exceeds Wall Street's earnings predictions. The Detroit-based automaker has seen a 54.7% increase in its stock value, outperforming well-known rivals like...
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Tesla Stock Surges 6% in Postelection Rally

Tesla stock experienced a significant surge of 6% following the postelection rally as President-elect Donald Trump, known for his close relationship with CEO Elon Musk, begins to form his presidential cabinet. Analysts at Wedbush...
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Bitcoin Price Surges Past $82,000 Amid Continued Crypto Euphoria Following Trump Victory

Bitcoin's price surged past $82,000 on Monday, marking a new high in the ongoing rally of cryptocurrencies following Donald Trump's victory in the election. The price of bitcoin reached $80,000 for the first time...
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The Impact of Trump’s Mass Deportation Plan on Immigrant Workers and the Economy

President-Elect Donald J. Trump made promises during his campaign to implement strict immigration policies, including mass deportations. Experts believe that these policies could have far-reaching effects on various sectors of the economy such as...
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Bitcoin Price Predictions Surge as Cryptocurrency Hits Record Highs: $2.8 Billion Wagered on $90,000...

Bitcoin's price has hit new highs, reaching nearly $81,000, and futures premiums are rising, indicating that investors anticipate further gains. Open interest in bitcoin surpassing $90,000 has exceeded $2.8 billion on the Deribit exchange,...
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Bitcoin Price Surges to $80,000 After Trump Election Win

Bitcoin and other cryptocurrencies are on a surge, reaching new heights in the market. Bitcoin, the flagship cryptocurrency, hit an all-time high of $80,000, while Ether also saw a significant increase, surpassing the $3,000...
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Elon Musk Supports Plan for Presidential Influence on Federal Reserve

Elon Musk, the CEO of Tesla and SpaceX, recently showed support for the idea of allowing presidents to have influence over Federal Reserve policy. This endorsement came in response to a social media post...
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Wicked Merchandise: Retailers Embrace Pink and Green Craze Before Theatrical Premiere

Universal's highly anticipated movie adaptation of the popular Broadway musical "Wicked" is creating a buzz in the retail world with a wide range of merchandise offerings. The film, set to release on November 22,...
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Fed Chair Powell Faces Pressure to Address Trump’s Impact on Economy

Federal Reserve Chairman Jerome Powell faced a barrage of questions from reporters during a news conference, as they sought his opinion on President-elect Donald Trump's impact on the economy. Powell, however, remained tight-lipped on...