CoreWeave, the fast-growing US-based AI data centre company, is planning to raise at least $1.5 billion in fresh debt to refinance a portion of its sizeable liabilities and support further…
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Ideas
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Panasonic will lay off 10,000 employees in 2025, targeting 5,000 jobs in Japan and another 5,000 overseas. The Osaka-based group, which employs nearly 230,000 people globally, is restructuring its operations…
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India is preparing to cut its average tariff differential with the US by nearly 9 percentage points—bringing it down from 13% to under 4%—in a major step toward securing exemptions…
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Indian equity benchmarks managed to hold onto modest gains in afternoon trade on Friday, navigating a mixed sectoral landscape as investors positioned themselves ahead of the crucial US non-farm payrolls…
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As memecoin fever continues to sweep across the crypto space, PepeX is quietly carving a path that could offer better long-term upside than its more volatile peers. While trending tokens…
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Apple shares slid nearly 3% on Friday after the company trimmed its stock buyback program by $10 billion, and warned of an estimated $900 million in additional costs for the…
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Coinbase’s decision to delist the MOVE token on May 15 has intensified concerns around Movement Labs, the company behind the token. The delisting follows a wave of controversy stemming from…
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Ideas
Dow jumps 384 points as jobs data lifts Wall Street; S&P 500 eyes longest winning streak since 2004
US stocks surged on Friday after a stronger-than-expected April jobs report eased recession concerns and bolstered confidence in the economy. The Dow Jones Industrial Average gained 384 points, or 0.9%,…
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Reddit Inc. (NASDAQ: RDDT) is strongly positioned to extend its gains further over the next few weeks, according to JPMorgan senior analyst Doug Anmuth. Reddit shares have already rallied some…
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Jeff Bezos, the founder and former chief executive of Amazon, has disclosed plans to sell up to $4.75 billion worth of shares in the e-commerce giant over the next 12…