Category: Latest News
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Broadcom Down 10% Post-Earnings, UiPath Up 8%; Qualcomm Eyes Intel Assets; Salesforce Acquires Own Company
Salesforce (NYSE:CRM) – Salesforce announced the purchase of Own Company for $1.9 billion to strengthen its data privacy and security solutions. The acquisition aims to meet the growing demand for customer protection against data loss. Salesforce expects the transaction to drive growth starting from the second year after completion, slated for the fourth quarter of…
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U.S. Stocks Turn In Mixed Performance Ahead Of Monthly Jobs Data
After ending yesterday’s lackluster session narrowly mixed, the major U.S. stock indexes turned in another mixed performance during trading on Thursday. While the S&P 500 closed lower for the third straight session, the tech-heavy Nasdaq ended the day in positive territory. The Nasdaq bounced back and forth across the unchanged line before eventually closing up…
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Travala Now Available on Skyscanner, Siemens Issues New Digital Bond on Blockchain, Bitcoin Volatility on Thursday
Travala integrates hotel inventory with Skyscanner and offers cryptocurrency payments Travala, a crypto-native booking platform, is now available on Skyscanner, allowing users to book over 2.2 million hotels in 230 countries using cryptocurrencies like Bitcoin and its AVA token (COIN:AVAUSD). This integration marks Travala as the first crypto-native platform on Skyscanner, competing with giants like…
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Private Sector Employment Up Less Than Expected
A report released by payroll processor ADP on Thursday showed private sector employment in the U.S. increased by much less than expected in the month of August. ADP said private sector employment rose by 99,000 jobs in August after climbing by a downwardly revised 111,000 jobs in July. Economists had expected private sector employment to…
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Disappointing Jobs Data May Lead To Initial Weakness On Wall Street
The major U.S. index futures are currently pointing to a modestly lower open on Thursday, with stocks likely to move to the downside after ending the previous session narrowly mixed. The futures edged lower following the release of a report from payroll processor ADP showing private sector employment in the U.S. increased by much less…
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U.S. Index Futures Steady Amid Labor Data Anticipation; Oil Prices Rise
U.S. index futures are little changed in pre-market trading on Thursday amid a rocky start to September. Investors await key labor market data, including jobless claims and the nonfarm payroll report, which could influence the Federal Reserve’s upcoming decisions. At 5:16 AM, Dow Jones futures (DOWI:DJI) rose 45 points, or 0.11%. S&P 500 futures gained…
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Qualcomm Develops Mixed Reality Glasses; Verizon to Boost Dividend, Eyes Acquisition; Samsonite Plans US Dual Listing
Qualcomm (NASDAQ:QCOM) – Qualcomm, in collaboration with Samsung and Google, is developing mixed-reality glasses that connect to smartphones, offering a lighter, more portable alternative to Apple’s bulky headsets. Qualcomm CEO Cristiano Amon hopes these glasses will provide new experiences and expand the mixed-reality market, which is currently smaller than the smartphone market. Shares rose 0.2%…
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U.S. Stocks Finish Choppy Trading Session Narrowly Mixed
Following the sell-off seen during Tuesday’s session, stocks showed a lack of direction over the course of the trading day on Wednesday. The major averages spent the day bouncing back and forth across the unchanged line. The major averages eventually finished the day narrowly mixed. While the Dow inched up 38.04 points or 0.1 percent…
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Trump Unveils DeFi Project with Aave, Polygon Debuts POL Token, Sui Blockchain Introduces Offline Transactions
Trump launches DeFi project with Aave infrastructure and Ethereum blockchain The World Liberty Financial project, associated with former President Donald Trump, will use Aave’s platform and Ethereum blockchain to create a “credit account system.” Although not a fork of Aave (COIN:AAVEUSD), the project uses its infrastructure, boosting Aave’s token value. With an emphasis on open-source…
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U.S. Trade Deficit Increased To Largest In Two Years
The U.S. trade deficit increased to its largest in over two years in the month of July, according to a report released by the Commerce Department on Wednesday. The Commerce Department said the trade deficit widened to $78.8 billion in July from a revised $73.0 billion in June. Economists had expected the trade deficit to…