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Big Tech earnings test record stock market rally as AI spending takes center stage

Big Tech earnings test record stock market rally as AI spending takes center stage

Market watchers looking for clarity about the direction of Big Tech and the AI investment boom didn’t get much Wednesday afternoon amid a barrage of key earning reports. Subscribe to read this story ad-free Get

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Trump briefed on options for Iran as energy prices soar to 4-year high

Trump briefed on options for Iran as energy prices soar to 4-year high

President Donald Trump will be briefed Thursday on options for the way ahead in the Strait of Hormuz and on the ground in Iran, according to a U.S. official familiar with the planning. Subscribe to

Business
Futures slip as investors eye China’s latest AI push – what’s moving markets

Futures slip as investors eye China’s latest AI push – what’s moving markets

Investing.com – US stock futures dropped on Monday as markets assessed the release of a Chinese firm’s new artificial intelligence model that may rival OpenAI’s ChatGPT, while the dollar rose in response to a tariff spat

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European tech shares tumble as China’s AI push spooks investors

European tech shares tumble as China’s AI push spooks investors

(Reuters) – European shares slid on Monday as the technology sector joined the retreat in other markets after China’s upgraded low-cost, low-power artificial intelligence (AI) model sparked worries about the profits of rivals and the

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Markets may be repeating the mistake of 2019, Goldman Sachs warns

Markets may be repeating the mistake of 2019, Goldman Sachs warns

Investing.com — Markets may be ignoring an important lesson of 2019, according to Goldman Sachs. The Wall Street bank said in a note that the upcoming January Federal Open Market Committee (FOMC) meeting is unlikely

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How Italy’s MPS went from near collapse to bid for revered merchant bank

How Italy’s MPS went from near collapse to bid for revered merchant bank

By Valentina Za, Gianluca Semeraro and Mathieu Rosemain MILAN (Reuters) -Monte dei Paschi (MPS) CEO Luigi Lovaglio has pulled several all-nighters since arriving in Siena in early 2022, when Italy’s Treasury picked him out to

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How billionaire Caltagirone could influence Italy’s banking M&A wave

How billionaire Caltagirone could influence Italy’s banking M&A wave

MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector that is currently under way.  BATTLES IN GENERALI AND MEDIOBANCA Caltagirone last year expanded his

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U.S. added 178,000 jobs in March, reflecting resilient labor market just as Iran war escalated

U.S. added 178,000 jobs in March, reflecting resilient labor market just as Iran war escalated

The United States added 178,000 jobs in March, blowing past expectations and showing a resilient labor market just as the war with Iran began escalating, sending up oil prices. Subscribe to read this story ad-free

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U.S. oil has its biggest one-day price increase in six years, driving the cost of gas even higher

U.S. oil has its biggest one-day price increase in six years, driving the cost of gas even higher

Oil prices surged Thursday, threatening to further drive up the price of gas as hopes for a near-term resolution to the Iran war faded following President Donald Trump’s address to the nation. Subscribe to read

Business
Is America on the cusp of a farm crisis?

Is America on the cusp of a farm crisis?

Fourth-generation Iowa farmer Mark Mueller is no stranger to the ups and downs of the agriculture industry. But right now, he thinks America is on the cusp of a farm crisis. Subscribe to read this