Asian equities were mixed on Friday as investors weighed firmer oil prices and renewed tension around the Strait of Hormuz against a still-resilient appetite for risk assets. A fragile Middle…
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Global markets navigated a mix of corporate restructuring, macroeconomic signals, and geopolitical tensions on Thursday, with Meta Platforms announcing fresh layoffs, Microsoft launching a large-scale buyout programme, KPMG cutting audit…
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US stocks pulled back on Thursday, pressured by weakness in software shares and a sharp rise in oil prices, as uncertainty surrounding the trajectory of the Iran conflict weighed on…
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Intel (NASDAQ: INTC) shares are ripping higher in extended hours after the semiconductor giant reported a blockbuster Q1 and issued impressive guidance for the future. While revenue at $13.6…
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Meta Platforms, Inc. plans to lay off about 10% of its workforce, or roughly 8,000 employees, as the social media giant looks to streamline operations and offset rising costs tied…
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Oklo shares rose on Thursday after the company announced a partnership with Nvidia, marking its latest effort to build investor confidence as it advances toward commercial deployment of its nuclear…
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Microsoft is offering voluntary retirement buyouts to thousands of employees in the United States, marking the first programme of this scale in the company’s history as it looks to manage…
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Lululemon (NASDAQ: LULU) is seeing immense pressure on Thursday after the athletic apparel retailer named Heidi O’Neill its next chief executive, set to take the helm on Sept. 8. O’Neill…
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United Rentals shares surged on Thursday, leading the S&P 500, after the company reported stronger-than-expected first-quarter results and raised its full-year guidance on the back of robust demand across construction…
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Tesla delivered a stronger-than-expected first-quarter performance, but the market reaction underscored a growing disconnect between near-term results and longer-term expectations tied to its artificial intelligence ambitions. The company reported earnings…