Tag: business news
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The May jobs report is around the corner. How the market could react, according to JPMorgan
A major data report will give investors a glimpse into how the U.S. economy is doing amid the U.S.-Iran war and persistent inflation worries.
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Bitcoin trails stocks by most since 2019 as traders get their kicks elsewhere
Bitcoin hasn’t had this cold a winter in seven years.
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SpaceX’s IPO is likely to boost this satellite stock, Oppenheimer says
Iridium Communications is likely to see its shares rise following the widely anticipated IPO of its satellite launch partner, SpaceX, per Oppenheimer.
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AT&T downgraded ahead of SpaceX IPO on coming broadband competition from Starlink
Space-based internet has its sights on traditional broadband providers
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Europe unveils tech sovereignty package amid growing concerns over reliance on U.S. tech
The proposals include a new act to bolster advanced chip manufacturing and homegrown cloud computing.
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GOP Sen. Tillis slams Trump intelligence pick Pulte: ‘Don’t think he has a prayer’
Pulte is widely viewed as a Trump loyalist who has targeted the president’s political foes during his tenure leading the housing regulatory agency.
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Private payrolls grew by 122,000 in May, stronger than expected, ADP reports
Unlike prior months, where job growth was concentrated in healthcare and a few other sectors, gains were more broad-based.
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Buy this airline stock equipped to handle higher fuel costs, says JPMorgan
The bank initiated coverage of the airline with an overweight rating.
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France’s Macron invites Sam Altman to attend G7, OpenAI tells CNBC
French President Emmanuel Macron has looked to win over tech bosses amid hopes to boost AI capability.
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Eli Lilly’s top dealmaker says don’t be surprised to see more M&A that pushes Lilly into new areas
Eli Lilly’s new top dealmaker explains how the company changed its approach to M&A now that it’s the most valuable pharmaceutical company in the world.
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