Tag: Business
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Google’s AI shake-up, tariff refunds, the interest rate outlook and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
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Megayacht Amadea sold for $187 million to Dubai billionaire with Trump ties
The sale of the Amadea caps a turbulent and controversial history for the 348-foot yacht, which was seized from a sanctioned Russian oligarch.
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Shaquille O’Neal says WNBA players’ treatment of Caitlin Clark is a rite of passage
Harsh fouls against Clark and WNBA officiating have fueled a national debate, with some lawmakers demanding accountability from the league.
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Stocks making the biggest moves premarket: Zillow, Peloton, Sandisk, Moderna & more
These are the stocks posting the largest moves in the premarket.
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Warner Bros. Discovery reports 10% jump in streaming revenue ahead of proposed Paramount combination
Warner Bros. Discovery’s streaming segment surpassed $3 million in revenue for the second quarter, marking a 10% increase from the year prior
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Dollar ticks up as markets await Iran deal news, look towards payrolls
LONDON, Aug 6 : Currency markets drifted on Thursday with the Japanese yen retracing some intervention-led gains and the dollar edging away from a six-week low, as investors awaited more details on a proposed U.S.-Iran deal and looked ahead to Friday’s U.S. jobs report.The yen was a touch softer at 157.85 per
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Sandisk, Western Digital drag on chip stocks as lofty expectations eclipse strong earnings
Aug 6 : Data storage companies tumbled in premarket trading on Thursday after quarterly results from Sandisk and Western Digital failed to sustain momentum in an industry that has become one of Wall Street’s hottest bets this year.Shares of Sandisk lost 9.2 per cent to trade at $1,226.04, while Western Digita
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Versant lifts annual revenue forecast as digital growth offsets pay-TV weakness
Aug 6 : Versant Media raised its annual revenue forecast on Thursday as higher advertising sales, driven by strong demand for its news and sports programming, and digital platform growth offset weak quarterly pay-TV distribution revenue.Shares of the New York-based company rose 7.4 per cent in premarket tradi
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Bangladesh gas supplies improve after LNG terminal restarts
DHAKA, Aug 6 : Gas supplies to Bangladesh’s national grid increased on Wednesday after a floating liquefied natural gas terminal operated by U.S.-based Excelerate Energy partially resumed operations after a fire shut the facility for more than two weeks.The restart of one regasification unit is adding aroun
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