Tag: business news
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Meta shares are down 9% this week. Here’s why Mike Khouw is buying now
Meta shares just had their worst week in four years. Here’s why Mike Khouw is buying now
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U.S. dropping some Canada tariffs, Susan Collins says as trade war looms over Maine Senate race
The U.S. will issue tariff exemptions on several categories of Canadian imports, Sen. Susan Collins announced Friday.
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The S&P 500 is forming a bearish chart pattern. Can it snap out of it?
The S&P 500 has struggled to break decisively above 7,800 since first reaching that area in late July.
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Russia, Ukraine agree to Oleshky ceasefire brokered by Melania Trump, White House says
The White House said Friday that first lady Melania Trump secured a ceasefire between Russia and Ukraine in the Russian-controlled city of Oleshky.
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I warned against buying this AI chip stock. Now I think it could nearly double
Cerebras has lost roughly 72% of its value since its peak, but contrarian tech investor Paul Meeks says its AI technology and massive backlog could fuel a comeback.
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American Express is cutting 5% of its workforce to ‘prepare for AI’
Amex, which reported third-quarter results earlier Friday, is taking a $336 million restructuring charge in the quarter, CEO Stephen Squeri said Friday.
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Family offices likely to add risk, debt and alternatives under the next generation
The next generation of family office leaders is likely to use more debt, invest in more alternatives and focus on different philanthropies, say new studies.
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Why investors are moving back into Treasurys
U.S. Treasurys are returning to favor as a safe haven play that sidesteps investors’ worries over a shaky economy and the future of the data center build-out.
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Higher interest rates have made family offices pickier about investing in real estate
Higher interest rates have made family offices more selective about investing in real estate.
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SpaceX bear flips to big bull because of AI business. Analyst now sees 70% gain
PhillipCapital moved its rating on the Elon Musk giant to buy from sell, with the bullishness stemming from the company’s AI business.
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