Shares of Intel (NASDAQ: INTC) surged on Tuesday, driven by renewed optimism that the chipmaker could secure a major external customer for its manufacturing business. The stock climbed about 15%…
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GameStop (NYSE: GME) opened in the “red” this morning after Big Short investor Michael Burry confirmed he’s cut his entire stake in the gaming merchandise retailer. The subsequent downward pressure…
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US public debt has reached 100 percent of GDP (gross domestic product) for the first time since the aftermath of World War II. Just because we have been here before,…
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Thus (reportedly) spake Steve Jobs in the late 1990s. It was a take on the role of corporations that would become decidedly out of consensus within a few short years,…
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Shares of Anheuser-Busch InBev rose sharply on Tuesday after the world’s largest brewer reported first-quarter results that exceeded analyst expectations, supported by resilient beer demand and a return to volume…
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Alphabet Inc. is moving ahead with its largest-ever euro-denominated bond sale, attracting strong investor demand as it ramps up funding for artificial intelligence (AI) investments. The company has received more…
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Wall Street’s main indexes recovered on Tuesday, as easing oil prices provided relief to equity markets despite renewed tensions in the Middle East that continue to cloud the global outlook.…
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The FTSE 100 Index retreated for four consecutive days as UK government bond yields surged and after HSBC published a weak financial report. It dropped to £10,225 on Tuesday, down…
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Luxury sportscar maker Ferrari reported a 4% rise in core earnings for the first quarter, supported by robust demand for vehicle personalisations and higher-priced models, including the F80 supercar. The…
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The iShares 20-Year Treasury Bond ETF (TLT) dropped sharply on Monday as long-term government bond yields soared. TLT dropped to $84.9, its lowest level since March 27. It remains 5.50%…