Category: Top Story
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Intel Sees EU Antitrust Fine Cut by 140 Million Euros
The General Court of the European Union has ruled to lower Intel’s (NASDAQ:INTC) antitrust penalty from 376 million euros ($438 million) to 237.1 million euros, though it declined the company’s bid to have the sanction thrown out entirely. “An amount of 237,105,540 euros is a more appropriate reflection of the gravity and duration of the…
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Amid surging prices a new tungsten mine is about to open in South Korea
Almonty Industries (NASDAQ:ALM) (TSX:AII) CEO Lewis Black updates investors on the Sangdong tungsten mine in South Korea at The International Investment Forum, a premier online platform delivering expert insights into global trends across industries, including mining, energy and biotechnology, connecting with top executives worldwide through interactive sessions, all without travel — promoting sustainability and efficiency. This…
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U.S. Job Openings Come In Well Above Forecasts, Offering Support for the Dollar
Fresh data from the JOLTs Job Openings survey showed U.S. labor demand running hotter than expected, with vacancies climbing to 7.670 million, according to the Bureau of Labor Statistics. The reading came in noticeably above economists’ projections, marking a clear upside surprise for markets. JOLTs job openings measure positions that meet three key criteria: a…
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Microsoft Unveils Over C$7.5 Billion Investment to Boost Cloud and AI Capacity in Canada
Microsoft (NASDAQ:MSFT) said Tuesday it will commit more than C$7.5 billion ($5.42 billion) to Canada over the next two years as part of a major push to expand the company’s cloud and artificial intelligence infrastructure in the country. The planned investment will significantly broaden Microsoft’s cloud and AI footprint nationwide, reinforcing the tech giant’s position…
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Campbell’s Tops Revenue Expectations as Shoppers Stick With Packaged Foods
Campbell’s Co. (NASDAQ:CPB) reported stronger-than-expected first-quarter sales on Tuesday, buoyed by steady demand for its canned soups and convenient ready-to-eat meals. With many households choosing to cook at home rather than splurge on restaurant dining amid economic uncertainty, the company continues to benefit from consumers’ shift toward pantry staples. Lingering inflation and fluctuations tied to…
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Dow Jones, S&P, Nasdaq, Wall Street, Futures Signal a Flat Opening on Wall Street as Traders Await Fed Decision
U.S. equity futures were little changed early Tuesday, suggesting a muted start to the session as investors digest Monday’s mild retreat and brace for Wednesday’s Federal Reserve policy announcement. With the central bank widely expected to deliver another 25-basis-point rate cut, traders appear hesitant to take bold positions. What comes next for monetary policy, however,…
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Cannabix Reaches Key Regulatory Milestone as Marijuana Breath Test Device Passes FCC Emissions Testing
Cannabix Technologies Inc. (CSE:BLO) (USOTC:BLOZF) has taken a significant step toward commercialization of its marijuana breath testing technology after its handheld Breath Collection Unit (BCU) successfully passed electronic emissions testing required by U.S. and Canadian regulators. The milestone brings the company closer to launching its Marijuana Breath Test (MBT) system in North American markets. The…
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Home Depot Maintains 2025 Forecast, Shares Early Expectations for 2026
Home Depot Inc. (NYSE:HD) reiterated its fiscal 2025 outlook and offered initial guidance for fiscal 2026 during its investor conference on Tuesday. For 2025, the retailer continues to anticipate roughly 3% growth in total sales, with comparable sales turning slightly positive on a comparable 52-week basis. The company still expects a fiscal 2025 gross margin…
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Dow Jones, S&P, Nasdaq, Wall Street Futures, Fed Meeting Begins; Paramount Escalates WBD Battle: Here’s What’s Moving Markets
U.S. equity futures were pointing modestly higher early Tuesday as traders braced for what could be a highly debated Federal Reserve decision on Wednesday. Markets were also digesting a dramatic new twist in the bidding war for Warner Bros Discovery (NASDAQ:WBD), fresh policy news affecting Nvidia (NASDAQ:NVDA), and another small pullback in Bitcoin (COIN:BTCUSD). Futures…
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Ford Looks to Renault to Reinforce Its European Operations as Chinese Rivals Gain Ground
Ford (NYSE:F) has enlisted Renault (EU:RNO) as a strategic partner in an effort to strengthen its European business at a time when Chinese automakers are rapidly expanding their global presence. “We know we’re in a fight for our lives in our industry, and no better example than here in Europe,” Ford Chief Executive Officer Jim…