Tag: Business
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Stocks making the biggest moves after hours: Ford, Teradyne, Visa, KLA Corp and more
These are the stocks posting the largest moves in after-hours trading.
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Coursera backs co-founder Andrew Ng’s new AI education firm with $100 million investment
SAN FRANCISCO, July 28 : Andrew Ng, co-founder of online learning platform Coursera, on Tuesday announced a new artificial intelligence startup focused on teaching white-collar workers new skills to stay relevant as AI reshapes the world of professional work. The startup, LearnVector, is backed by a $100 mill
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AT&T closes $23 billion deal to acquire spectrum from Echostar
July 28 : AT&T on Tuesday said it completed its $23 billion acquisition of some wireless spectrum licenses from EchoStar under a deal announced in August 2025.The U.S. mobile carrier will add approximately 50 MHz of low-band and mid-band spectrum covering virtually every market across the U.S., including 30 M
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Apple briefly tops $5 trillion market value for first time
July 28 : Apple’s market capitalization briefly surpassed $5 trillion for the first time on Tuesday, making it only the second company ever to achieve that milestone after Nvidia. Its shares were last up 0.72 per cent at $339.33, giving it a market capitalization of $4.98 trillion. At a session high of $342.
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Rogers, Prime Video sign 12-year deal for NHL deal for Canada
(Corrects day in paragraph 1)July 28 : Rogers Communications and Amazon.com’s Prime Video on Tuesday signed a 12-year sublicensing agreement granting the streaming platform exclusive rights to broadcast Wednesday night national NHL games in Canada beginning with the 2026-27 season.The deal also grants
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Exclusive-Trump administration to ban new Chinese robots and inverters, protecting US AI buildout
WASHINGTON, July 28 : The Trump administration on Tuesday plans to unveil new bans that target imports of the latest Chinese robots and power inverters, seeking to protect the U.S. AI buildout from national security threats and reshore key industries slated for explosive growth, U.S. officials said.The Federa
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Apple touches $5 trillion market cap for first time
The jockeying between Apple and Nvidia reflects a debate about the future of AI that has preoccupied investors this summer.
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Xylem raises annual profit forecast as AI growth lifts demand for water-treatment equipment
July 28 : Xylem on Tuesday raised its 2026 profit forecast after its second-quarter results beat Wall Street estimates, as cost savings and price increases boosted profitability amid strengthening AI infrastructure demand.Shares of the company rose more than 2 per cent in premarket trading.• The wate
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Bitcoin miner and AI firm Ionic Digital valued at $2.25 billion in Nasdaq debut
July 28 : Ionic Digital, a bitcoin miner and AI infrastructure provider, secured a valuation of about $2.25 billion after its shares fell in the Nasdaq debut on Tuesday.Shares of the company, which went public through direct listing, opened at $50 apiece, down nearly 5.7 per cent from a reference price of $53
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Shein’s US operations under FTC scrutiny
July 28 : Shein’s U.S. operations are under investigation by the U.S. Federal Trade Commission, the fast-fashion e-commerce platform disclosed in connection with its Hong Kong IPO. The FTC probe relates to Shein’s U.S. business operations, the company said in documents published by Hong Kong’s stock exchange
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