Taiwan Semiconductor Manufacturing Co. (TSMC) reported robust first-quarter results and projected second-quarter revenue that exceeded Wall Street expectations. The chipmaker, which supplies companies like Nvidia, Broadcom, and Apple, […]
Technology
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Trump Administration Halts $5 Billion NY Offshore Wind Project Mid-Build
The Trump administration has ordered the halt of a $5 billion offshore wind project off the coast of New York, mid-construction. This decision has raised concerns about the […]
Uncategorized
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Lilly’s First Pill for Diabetes and Weight Loss Shows Positive Study Results
Eli Lilly has announced positive study results for its first pill aimed at treating diabetes and aiding weight loss. The drug shows promise in addressing both conditions effectively, […]
Economy
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IMF: No Global Recession Despite Trade Tensions
The International Monetary Fund (IMF) has stated that, despite trade tariff uncertainty being “literally off the charts,” there will not be a global recession. The IMF highlighted in […]
Markets
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Key Market Movers and Pre-Market Insights
U.S. stock futures show mixed performance following Wednesday’s sell-off, driven by trade war concerns and comments from Fed Chief Jerome Powell. Nvidia (NVDA) is recovering slightly after a […]
Banks
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Worldpay’s $24.3 Billion Sale Breaks Wall St’s M&A Logjam
The acquisition of Worldpay for $24.3 billion has reinvigorated the mergers and acquisitions (M&A) market, which had been sluggish due to trade policy uncertainties under President Trump. Global […]
Markets
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Stock Markets Slide as Powell Warns of Tariff Impact
The stock markets are experiencing a downturn as Federal Reserve Chair Jerome Powell highlights the potential negative effects of tariffs on the economy. This warning has led to […]
Technology
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Key Revelations from Mark Zuckerberg’s Testimony in Meta’s Antitrust Trial
During a high-profile antitrust trial, Meta CEO Mark Zuckerberg testified for over 10 hours across three days. The Federal Trade Commission (FTC) accuses Meta of maintaining an illegal […]
Technology
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Trump Administration Halts Offshore Wind Project
The Trump administration has ordered a permitted offshore wind project to cease construction. This decision marks a significant setback for renewable energy initiatives in the United States. The […]
Uncategorized
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Target CEO to Meet with Civil Rights Leader Amid Calls for Boycott
Target CEO Brian Cornell is set to meet with Rev. Al Sharpton following criticism over the company’s decision to roll back diversity, equity, and inclusion (DEI) programs. This […]