News
China Evergrande Narrows Losses in 2022
China Evergrande Group narrows its net loss in 2022, showing progress towards stabilizing its operations and addressing its financial obligations responsibly.
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Wolfspeed Reports Q4 Loss and 14% Stock Drop
Wolfspeed, a semiconductor company, experienced a 14% decline in stock due to a Q4 loss of $113.3 million. Future outlook predicts further adjusted losses for the current quarter.
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The Rise of Apple Watch as a Safe Device for Children
Apple Watch has become a top-selling item as a secure device for children, offering peace of mind to parents and focusing on their safety in today's world.
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Aviva Exceeds Expectations with Strong First-Half Results
Aviva surpasses analyst expectations with first-half results, including increased profits and dividends. CEO addresses impact of wildfires in Canada.
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Market Update
This article provides an update on the current state of the market, covering US and European stocks, currency, commodities, bonds, and Asian markets.
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Rising Expectations of Higher Interest Rates
The yield of the 10-year U.S. Treasury reaches its highest level in 2023 as expectations grow for higher interest rates to combat inflation. Investor sentiment is dampened, and mortgage rates may face increased pressure.
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Mirvac Forecasts Weaker Earnings in 2024
Mirvac expects a decline in operating earnings for fiscal 2024 due to higher interest rates and elevated inflation. Despite challenges in the property development market, Mirvac reports strong occupancy rates and leasing performance.
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Elliott Investment Management Drops Stake in PayPal
Elliott Investment Management sells its stake in PayPal, suggesting new opportunities in the financial-services sector. PayPal's stock drops.
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Nvidia's Valuation and Growth Prospects
UBS analysts are confident in the growth prospects of Nvidia's stock, as demand for its chips in the AI technology market remains high. They have raised the target price and maintain a Buy rating.
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Straumann Holding Shares Decline
Shares in Straumann Holding have fallen after the company reported signs of consumer weakness and a lower net profit for the first half of the year due to increased costs.
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