Tag: fast
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Short sellers rack up $8.7 billion profit as SpaceX slips below IPO price -Ortex
NEW YORK, July 16 : Short sellers targeting SpaceX shares are sitting on an estimated $8.7 billion in paper profit since the rockets-to-AI firm’s initial public offering, as its stock slipped below the IPO price, according to data and analytics firm Ortex Technologies.Short sellers aim to sell borrowed shares
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Vakatawa to debut for Fiji after switch from France
EDINBURGH, July 16 : Fiji will hand a debut to centre Virimi Vakatawa when they meet Scotland in the Nations Championship on Saturday, reviving his international career after 32 caps for France.• Vakatawa’s stint with France ended abruptly four years ago when medical examinations revealed a heart abnormal
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Zabka hits record high after report Seven & i nears stake purchase
TOKYO, July 16 : Japanese retail giant Seven & i Holdings is in the final stages of talks to take a stake in Polish convenience store operator Zabka Group, the Nikkei business daily reported on Thursday, sending Zabka’s shares to a new all-time high.Seven & I is considering acquiring Zabka shares held by inve
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Chipmakers chip away at stocks, oil hovers at $85
LONDON, July 16 : European stocks and Wall Street futures edged lower on Thursday following more tech troubles in Asia, while benign U.S. inflation data helped keep the dollar and government bond yields under control and the Iran war propped up oil prices.Stellar results from Taiwanese chip giant TSMC could n
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India’s Wipro lags peers after earnings miss, weak forecast
BENGALURU, July 16 : Wipro missed quarterly earnings estimates and forecast a weak recovery, raising fresh concerns about the Indian IT firm losing ground to rivals as demand in its key Americas market softens.After Thursday’s news, its U.S.-listed shares fell as much as 2.2 per cent in pre-market trading and
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Google required to open up to AI, search engine rivals under EU-mandated changes
BRUSSELS, July 16 : Alphabet’s Google will have to help OpenAI and other AI rivals as well as online search engine competitors access its services to comply with EU rules curbing the power of Big Tech, EU regulators said as they set out the details of the requirements.The move by the European Commission, whic
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From hope to heartbreak: England denied by Argentina’s late surge
ATLANTA, July 16 : The dream died on a summer night, as it has so many times before, not with a bang but with the familiar aching silence that settles over England after the final whistle of a World Cup defeat. England’s dream of reaching a first World Cup final since 1966 was shattered as…
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Pollock on the bench again for England against Argentina
July 16 : England coach Steve Borthwick has named an unchanged starting team for the Nations Championship test against Argentina in Santiago del Estero on Saturday, with loose-forward Henry Pollock on the bench again. • Borthwick has placed his trust in the team that defeated Fiji 73-8 in Liverpool last wee
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New-look Scotland bring back Graham, Van der Merwe for Fiji test
July 16 : Wings Darcy Graham and Duhan van der Merwe return to the Scotland starting team in a revamped selection to face Fiji in their Nations Championship fixture at Murrayfield on Saturday, with Stafford McDowall to lead the side from centre.• Scotland’s record try-scorer Graham and Van der Merwe have no
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Micron signs deals with Qualcomm, others for AI-powered automobile chip components
July 16 : Micron Technology on Thursday signed long-term agreements with automotive suppliers, including chip designer Qualcomm and audio products maker Harman, to secure memory and storage components that powers AI-enabled vehicles.The agreements come as the industry races to expand manufacturing capacity to
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