(Reuters) -Microsoft-backed OpenAI has completed a deal that values the artificial intelligence company at $80…
Author: Investment Insights Report
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Nike to cut about 2% jobs to lower costs as demand weakens
By Gursimran Mehar and Ananya Mariam Rajesh (Reuters) -Nike will cut about 2% of its…
Business
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Applied Materials hits record high on strong forecast from AI boost
(Reuters) -Applied Materials shares jumped 8% to hit an all-time high on Friday after the…
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Russian prison service statement about Navalny’s death
MOSCOW (Reuters) – Jailed Russian opposition leader Alexei Navalny is dead, the prison service of…
Business
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DoorDash’s rising labor costs weigh on Q1 profit outlook, shares fall
By Granth Vanaik (Reuters) -DoorDash on Thursday forecast a quarterly profitability metric below Wall Street…
Business
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Lucid slashes prices of Air luxury EVs again to spur demand
(Reuters) -Electric-vehicle maker Lucid Group lowered prices of its flagship Air luxury sedans by 1%…
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Shake Shack surges as strong burger demand fuels quarterly beat
(Reuters) -Shares of Shake Shack soared 21% after the company topped market expectations for quarterly…
Business
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Cisco’s AI push in focus as shares fall on tepid networking gear demand
By Samrhitha A (Reuters) – Cisco Systems fell more than 3% on Thursday after the…
Economy
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Ukraine needs $486 billion to recover, rebuild after nearly two years of war – World Bank
By Andrea Shalal WASHINGTON (Reuters) – Rebuilding Ukraine’s economy after Russia’s invasion nearly two years…
Business
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Nvidia replaces Alphabet as Wall St’s third most valuable company
By Noel Randewich (Reuters) -Nvidia eclipsed Google-parent Alphabet as the third most valuable U.S. company…