News
Navalny Passes Away in Prison
Alexei Navalny, known for his fight against corruption and anti-Kremlin protests, has died in prison. His death is seen as another attempt to silence his voice.
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U.S. Government Bonds Take a Breather as Investors Await Economic Data
The rally in U.S. government bonds paused as investors await the release of key economic data, including producer prices and a consumer sentiment gauge.
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Waymo Recalls Self-Driving Robotaxis Following Minor Accidents
Waymo issues a voluntary recall after two minor accidents involving its self-driving robotaxis, emphasizing the challenges in developing self-driving technology.
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Dexus Reports Net Loss in Challenging Office Property Market
Dexus, a property investment company in Australia, reports a net loss due to negative revaluations in the challenging office property market. Despite the difficult conditions, Dexus maintains its positive outlook.
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Surprising Growth in Shelter Costs
Economists and market experts are surprised by the unexpected rise in shelter costs, contrary to their predictions of a decrease. The shortage of available properties and high demand for rental units contribute to the higher costs. The Federal Reserve's decision to cut interest rates is influenced more by inflation in the services sector. Despite declines in apartment rents, home prices continue to rise due to a shortage of homes for sale.
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Analyzing PayPal's Growth Potential in 2024
Analysts examine PayPal's growth potential in 2024, highlighting the need for clear transaction-margin growth and investment benefits to boost earnings.
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Restaurant Brands International Inc. Reports Strong Financial Results
Restaurant Brands International Inc. reports impressive financial results with a net income of $726 million and revenue of $1.820 billion, surpassing expectations. The company plans to expand its reporting into five operating segments and has shown positive stock performance.
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The Magnificent Seven: Tech Giants on an Epic Scale
Analysts at Deutsche Bank examine the massive size and potential of the Magnificent Seven – Microsoft, Apple, Alphabet, Amazon, Nvidia, Meta Platforms, and Tesla. Despite their substantial profits, there are potential risks on the horizon.
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Gresham Technologies Secures Contract with Cash Management Solutions Provider
Gresham Technologies secures $1.5 million contract over 5 years with cash management solutions provider to implement Clareti Control technology and enhance operational efficiency and financial risk management.
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Goodyear Tire & Rubber's Loss Widens in Q4
Goodyear Tire & Rubber's loss widens in Q4 due to struggling business in Europe, Middle East, and Africa. Revenue declines while per-share earnings surpass expectations.
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