Tag: Business
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Incoming Apple CEO aims to build on movie and TV progress
LOS ANGELES, July 27 : Apple’s incoming CEO, hardware chief John Ternus, said he was committed to building on the company’s momentum in the entertainment business when he takes the helm of the iPhone maker in September. The technology giant began offering original TV series and films through the Apple TV+
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Malaysian economy on track for 4% to 5% growth, central bank governor says
KUALA LUMPUR, July 28 : Malaysia’s economy is on track to grow by between 4 per cent and 5 per cent this year despite the global energy supply shock from the Middle East conflict, its central bank governor said at a forum on Tuesday. • Economic growth will likely be towards the upper end of…
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South Korea may cap leveraged ETF investments for retail investors, media reports say
SEOUL, July 28 : South Korea’s top financial regulator said on Tuesday that authorities would consider a cap on single-stock leveraged exchange-traded funds (ETF) investments for retail investors if needed, local media reports said. Lee Eog-weon, chairman of the Financial Services Commission, told a meeting w
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Dollar hits one-month high on lingering chances of Fed hike
TOKYO, July 28 : The U.S. dollar held at a one-month high on Tuesday as traders weighed a slim but lingering chance of a rate hike at the Federal Reserve’s upcoming meeting, even as falling oil prices eased some concerns over inflation.The dollar index, which measures the greenback against a basket of currenc
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Oil prices fall 1% as investors weigh pause in US strikes on Iran
July 28 : Oil prices fell 1 per cent on Tuesday as market participants continued to weigh a pause in U.S. strikes on Iran, which has raised hope of a diplomatic solution to their conflict and the normalisation of Middle East energy flows.Brent crude futures were down $0.54, or 0.6 per cent, at $87.82 by…
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Microsoft touts cost-saving AI model for cybersecurity
Microsoft says that when integrated with OpenAI’s GPT-5.4, its new cybersecurity model can beat Anthropic’s new Mythos 5.
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Jim Cramer issues a warning to investors trading with borrowed money
“If you’re borrowing money to buy something related to the data center, then tomorrow morning, 9:30 a.m., sell it no matter what,” said CNBC’s Jim Cramer.
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Meta disregarded its own research on teen harm, Tennessee tells jury
July 27 : Attorneys for the state of Tennessee told a jury in Nashville on Monday that Meta Platforms’ leadership disregarded internal research about its Instagram platform’s impact on teenagers as the company sought to maximize profit from young users.During opening statements in a seven-week trial in state
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Cramer’s lightning round: Buy First Horizon
“Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed.
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Jim Cramer says to buy this payments company after its post-earnings pullback
CNBC’s Jim Cramer said American Express’ post-earnings sell-off has created a buying opportunity.
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