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Better-than-expected results from Meta Platforms were being overshadowed by worries around the company's massive artificial intelligence spending plans.
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President Donald Trump said China will purchase “tremendous” amounts of American soybeans following a meeting to hammer out a wide-ranging trade deal with his counterpart Xi Jinping.
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High-yield bonds have outperformed stocks during low-growth periods, fund manager finds
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Comcast said it lost 104,000 broadband customers during the period – the fourth quarter in a row it failed to grow its broadband subscriber base.
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Total Worldwide Sales Were $17.3 Billion, an Increase of 4% From Third Quarter 2024; Excluding the Impact of Foreign Exchange, Sales Grew 3% KEYTRUDA Sales Grew 10% to $8.1 Billion; Excluding the Impact of Foreign Exchange, Sales Grew 8% WINREVAIR Sales Were …
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Since 1927, the S&P 500 gained 59% of the time during November and rose by an average of 1%, according to BofA's analysis.
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The longer the boom can keep carrying the economy, the more it can offset other structural changes.
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Large U.S. companies are pointing to AI to justify job cuts. But some experts question whether AI is cover for more traditional business challenges.
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Car insurance premiums have increased at twice the rate of overall inflation. They've stabilized, at least for now, but more than half of Americans say the costs are painful.
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Embattled automaker Stellantis is seeking to respond to political, economic and regulatory challenges.
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The Fed cut interest rates slightly on Wednesday to steady the economy amid a weakening job market, as a long government shutdown has clouded its view of the economy.
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The decision met analyst expectations, and comes even as inflation has stayed above the central bank's 2% target for 41 months in a row.
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Rivian told workers on Oct. 23 that it would be cutting 4.5% of its workforce, or more than 600 employees. BI viewed a copy of the severance package.
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Amazon will lay off 1,400 workers across California, including hundreds in the Bay Area, as part of mass cuts announced this week.
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Three of the biggest US tech companies reported record profits and record infrastructure spending on Wednesday, fueling speculation about a possible AI market bubble.
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The coffee chain provided enough evidence that CEO Brian Niccol's turnaround plan is working.
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Shares of Facebook parent tumble as it increases capital expenditure while Microsoft cloud growth disappoints
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Microsoft’s Azure cloud is having a DNS problem, with outages reported for Microsoft 365, Xbox, Capital One, Starbucks, and Minecraft.
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Major stock indexes closed mixed Wednesday after Federal Reserve Chair Jerome Powell said an additional interest-rate cut in December "is not a foregone conclusion—far from it" after the central bank trimmed its key rate by a quarter point. Meanwhile, Nvidia …
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Google stock climbed after the tech giant reported Q3 earnings and revenue that beat estimates while search advertising and cloud revenue came in above views.
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Meta, the parent of Facebook, Instagram and more, saw its top-revenue jump 26% to a whopping $51.2 billion. But a provision of President Trump's One Big Beautiful Bill Act led to a huge tax charge, leading the internet giant to fall well short of Wall Street …
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