Tag: business news
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Amazon is a top pick and will get a big boost from a slew of catalysts, says Morgan Stanley
Amazon is likely to gain ground on its AI-focused AWS push, in addition to its agentic and physical AI initiatives, per Morgan Stanley.
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Elon Musk says he’ll give a SpaceX share to every child in America next year
The SpaceX boss said Monday that he’ll give one of his company shares to every child in the U.S. next year. He didn’t say how the share giveaway would happen.
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Japanese Prime Minister Takaichi rejects criticism around weak yen and high interest rates
The prime minister denied that her policies were responsible for the yen’s weakness or rising JGB yields.
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‘Where there’s smoke there’s fire’: Why BTIG is sounding the alarm on tech
Investors should use a potential rebound in semiconductor stocks to reduce exposure ahead of a decline that could stretch into 2027, according to BTIG.
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Indonesian stocks plunge to six-year low as MSCI downgrade fears mount
Indonesia’s benchmark stock index plunged to its lowest level in six years.
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China’s third-quarter economic growth quickens to 4.5% as exports surge, beating estimates
China’s economic growth accelerated in the third quarter, as foreign demand for the country’s technological goods largely offset sluggish consumer demand.
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China’s CXMT sees shares drop over 6% as investors look past chipmaker’s profit turnaround
CXMT shares fell over 6% on Monday after the company released its earnings forecast for the first nine months of 2026.
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India’s Finance Minister blames easy exits and excess liquidity for equity market’s underperformance
India’s finance minister said that continued capital outflows are one of the biggest risks for the country in 2027.
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Anthropic commits 5% of shares to new public benefit fund that could address AI job disruption
The Claude maker said that establishing the fund as an LLC will provide greater flexibility in how the money is used.
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Vance faces tough questions on Iran war, immigration and more in CBS town hall
The string of sharp questions previewed the rocky path he may face if he runs for president in 2028 and has to answer for the administration’s record.
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