Category: Top Story
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U.S. Stocks Turn In Mixed Performance Following Two-Day Rally
After moving sharply higher over the two previous sessions, the major U.S. stock indexes turned in a mixed performance during trading on Friday. While the Dow gave back ground, the tech-heavy Nasdaq saw further upside, closing higher for the third straight day. The major averages finished the choppy trading day on opposite sides of the…
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Nvidia Shares Edge Higher After Report Signals China May Greenlight H200 Chip Orders
Nvidia (NASDAQ:NVDA) shares gained around 1.5% on Friday after a Bloomberg report suggested that Chinese regulators are moving closer to approving imports of the company’s H200 artificial intelligence chips. According to the report, Chinese authorities have informed several major technology groups that they may begin preparing orders for the advanced processors. Firms including Alibaba Group…
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Wall Street Futures Signal Early Dip After Two-Day Rally: Dow Jones, S&P, Nasdaq
U.S. stock index futures are pointing to a slightly weaker open on Friday, suggesting markets may give back some recent gains following two consecutive sessions of sharp advances. After the strong rebound seen over the past two days—one that largely erased Tuesday’s steep selloff—some investors appear poised to lock in profits. The recent upswing was…
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Musk Signals Higher Tesla FSD Subscription Prices as Software Advances
Tesla’s subscription pricing for its Full Self Driving (FSD) software is set to rise as the system’s functionality improves, according to comments made Thursday evening by CEO Elon Musk. The remarks come as Tesla Inc (NASDAQ:TSLA) prepares to phase out its long-standing one-time purchase option for FSD and transition fully to a subscription-only model. The…
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Report: Warner Bros Discovery Investors Lean Toward Netflix’s $82.7bn Bid
Netflix (NASDAQ:NFLX) appears to be gaining traction with Warner Bros Discovery (NASDAQ:WBD) shareholders for its $82.7 billion proposal to acquire the group’s film and television studios, according to a report published by the Financial Times on Thursday. Netflix co-chief executive Greg Peters told the newspaper that support for a rival approach from Paramount (NASDAQ:PSKY) remains…
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Intel Stock Drops Sharply After Q4 Loss and Downbeat Outlook
Intel (NASDAQ:INTC) shares fell more than 12% in U.S. premarket trading on Friday after the semiconductor group reported a fourth-quarter net loss and issued weaker-than-expected guidance for the current quarter. The chipmaker posted a net loss of $333 million for the final three months of its fiscal year, coming in below Wall Street expectations. The…
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Batteries as a crucial key technology: VW, NEO Battery Materials, and Hensoldt in a technological alliance
The global race for battery technologies and technological sovereignty is becoming significantly more intense. NEO Battery Materials (TSXV:NBM) (USOTC:NBMFF) is coming into focus with its market-ready, high-performance silicon anodes and the imminent ramp-up of mass production. The Canadian company is positioning itself as a Western alternative to Chinese-dominated supply chains, combining technological advantages with a…
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Intel Slides on Q4 Loss, TikTok Restructures U.S. Business, Gold Hits Fresh High: Dow Jones, S&P, Nasdaq, Wall Street Futures
U.S. equity futures were mixed on Friday as investors weighed a heavy slate of corporate earnings and macroeconomic signals against easing geopolitical frictions between the United States and Europe. Intel (NASDAQ:INTL) reported a fourth-quarter loss and warned of further pressure from supply constraints tied to surging artificial intelligence data center demand, while TikTok unveiled a…
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U.S. Stocks Extend Yesterday’s Rebound Amid Easing Greenland Tensions
Stocks moved mostly higher over the course of the trading day on Thursday, adding to the strong gains posted during Wednesday’s session. The major averages further offset the steep losses posted on Tuesday, with the Dow turning positive for the week. The major averages ended the day well off their highs of the session but…
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Turkey set to formalise joint exploration agreement with Chevron
Turkey is preparing to sign a joint oil and gas exploration agreement with Chevron (NYSE:CVX) next month, according to the country’s energy minister. Speaking in an interview with broadcaster APara, Alparslan Bayraktar said that “these agreements with international companies will continue,” underlining Turkey’s strategy of deepening cooperation with global energy groups. Bayraktar added that, once…