Senate Democrats have introduced a new bill aimed at prohibiting federal officials and their families from issuing digital assets. This move comes after they withdrew support for the […]
Technology
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Palantir Stock Target Revamped Amid Post-Earnings Decline
Despite a strong quarter, Palantir Technologies faced a 12% stock decline post-earnings, nearing its biggest drop since May 7, 2024. For Q1 2025, Palantir reported adjusted earnings per […]
Banks
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Senate’s Last-Ditch Effort to Save the GENIUS Act
The Senate is engaged in a final push to save the GENIUS Act, amid significant political debate. Top Democrats are expressing concerns over crypto legislation, particularly regarding ties […]
Technology
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AMD Stock Price Analysis Amid Data Center Sales Surge
Advanced Micro Devices (AMD) shares experienced gains in extended trading following the release of first-quarter earnings that exceeded Wall Street expectations. The company’s data center segment sales surged […]
Technology
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Dell Restructures Management to Flatten Organizational Hierarchy
Dell Technologies is restructuring its management hierarchy to create a flatter organizational model. Under the new structure, vice presidents and above will be required to manage at least […]
Uncategorized
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Ford Stock Reacts to Tariff Impact and Guidance Suspension
Ford Motor Company’s stock has shown little reaction to the company’s decision to suspend its 2025 financial guidance due to a significant $2.5 billion tariff impact. Analysts note […]
Technology
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US FDA Appoints Vinay Prasad as Director of Biologics Evaluation and Research
The U.S. Food and Drug Administration (FDA) has appointed Vinay Prasad, a vocal critic of the agency and the pharmaceutical industry, as the new director of its Center […]
Uncategorized
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Rite Aid to Close All New York Stores Amid Bankruptcy Filing
Rite Aid Corporation plans to close all its remaining New York stores as part of its bankruptcy reorganization strategy. The national drugstore chain, which operates 178 stores in […]
Technology
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Palantir Stock Slides Despite Strong Earnings
Palantir Technologies reported strong earnings, prompting the company to lift its full-year guidance as CEO Alex Karp highlighted a ‘tectonic shift’ in artificial intelligence adoption. Despite this positive […]
Technology
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Palantir Claims ‘Massive Cultural Shift’ Validates Two Decades of Effort
Defense contractor Palantir has stated that a ‘massive cultural shift’ in the U.S. has justified two decades of often thankless work. The company expressed that it was once […]