Tag: business news
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This cloud infrastructure stock has slid in recent months. Truist sees a bounce ahead
The bank upgraded the stock to buy from hold.
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Citizens United provision allowing foreign campaign contributions draws Democratic bill
Rep. Jamie Raskin, D-Md., and Sen. Sheldon Whitehouse, D-R.I., want to establish foreign ownership thresholds for companies that spend on campaigns.
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Kalshi launches election hub for prediction markets ahead of midterms
The company said the page gives viewers of its event contracts a central place to see speculators’ outlook for the midterm elections.
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Morgan Stanley lists three reasons for the booming credit growth in Asia
Bank credit still remains the most significant source of macro funding by far in Asia.
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Zelenskyy ousts Ukraine’s army chief as protests expose wartime power struggle
The reshuffle comes after almost a week of nationwide unrest and represents one of the biggest political crises since Russia’s full-scale invasion in 2022.
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India steps up energy shift as costs and tariff pressures mount — oil blending push sparks backlash
India is banking on alternative fuels as it prioritizes energy security amid high oil prices and supply constraints.
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Tehran’s Hormuz threat risks global fallout, Rubio warns as U.S. strikes Iran for 11th straight night
His comments come as U.S. Central Command hit Iranian targets for an 11th straight night.
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Wistron shares surge in Taiwan after opening of Texas AI superchip plant to supply Nvidia
Taiwan’s Wistron Corporation opens first U.S. facility in Fort Worth, Texas.
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These Japanese AI winners don’t make chips. They make toilets, glass fiber and seasoning
A toilet maker, a glass fiber manufacturer and the maker of MSG have in Japan have become major beneficiaries of the AI boom.
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Sony’s ‘ironic’ PlayStation disc decision upends gamer conventions and threatens a $7 billion resale market
In 2013, Sony tweaked Xbox by showing how easy it was to share a PlayStation disc. Now, gamers say Sony has become exactly what it mocked.
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