News
Qualcomm Faces Challenges in Semiconductor Industry
Qualcomm is facing challenges in the semiconductor industry due to a slowdown in smartphone demand, raising concerns about its ability to drive growth and diversify into new categories.
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Mondi Reports Decreased Profit in Challenging Market Conditions
Mondi, the paper-and-packaging company, reports a decline in pretax profit and revenue due to challenging market conditions. The company is also continuing the sale process of its Russian facility.
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Energy Stocks Decline as Oil Prices Plummet
Shares of energy companies decrease as oil prices plummet, influenced by adverse macro backdrop and strong dollar.
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Costco Wholesale's Same-Store Sales Rebound in July
Costco Wholesale reports a rebound in same-store sales with a 2.5% increase in July, improved net sales performance, and continued growth driven by food sales.
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Solar Companies Face Demand Challenges, Shares Tumble
Solar companies are facing demand challenges, leading to a decline in share prices across the industry. Executives at SolarEdge Technologies Inc. (SEDG) recently cautioned about market trends, delivering a forecast that fell well below expectations. This follows similar indications from SunPower Corp. (SPWR) and Enphase Energy Inc. (ENPH).
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Bitcoin Surpasses $30,000 Amid U.S. Debt Downgrade
Bitcoin reaches $30,000 milestone after Fitch Ratings downgrades U.S. government debt rating, potentially impacting the cryptocurrency's future.
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Kerry Group Reports Rise in H1 Pretax Profit
Kerry Group has reported a rise in pretax profit and revenue growth for the first half of the year. The company anticipates future growth with ambitious targets.
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Lizzo Faces Lawsuit Alleging Sexual Harassment and Hostile Work Environment
Lizzo, the Grammy-winning artist, is facing a lawsuit from three former dancers alleging sexual harassment and a hostile work environment. The plaintiffs assert claims of harassment, discrimination, assault, and false imprisonment. The allegations shed light on a concerning situation that warrants further investigation and due process.
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Trump's Legal Jeopardy: Impact on His Political Future
As Donald Trump faces multiple indictments and investigations, the impact on his political future remains uncertain. Can an indicted person run for president? What are the potential consequences of a conviction? Find answers to these key questions here.
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New Jersey Lt. Gov. Sheila Oliver, Trailblazer, Dies at 71
New Jersey Lt. Gov. Sheila Oliver, the first Black woman to serve as speaker of the state assembly, passed away at 71. She leaves a legacy as a trailblazer and advocate for change.
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