McDonald’s has reported its steepest quarterly sales decline in the United States since the peak of the pandemic in 2020, reflecting ongoing challenges in the economic environment. The […]
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Technology
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MicroStrategy Reports Wider Loss Amid Declining Revenue and Struggling Crypto Holdings
MicroStrategy, the prominent business intelligence firm heavily invested in Bitcoin, has announced a widening loss as its revenue declines and its cryptocurrency holdings face challenges. The company’s financial […]
Technology
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Harrods Targeted in Cyberattack Amid Recent UK Retail Sector Breaches
London’s renowned department store, Harrods, has confirmed it was targeted in a cyberattack, marking it as the third major UK retailer to report such an incident within a […]
Technology
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Nvidia Criticizes Anthropic’s Support for AI Chip Export Controls
Nvidia has expressed disagreement with Anthropic’s stance on U.S. export controls for AI chips. Anthropic supports the Department of Commerce’s framework, which imposes restrictions starting May 15. In […]
Banks
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Elon Musk Questions $2.5 Billion Federal Reserve Building Renovation
Elon Musk has criticized the $2.5 billion Federal Reserve building renovation, questioning whether the cost is justified. The project, which began in 2021 with an initial budget of […]
Technology
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Economy
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GDP Report Highlights Impact of Tariffs on the U.S. Economy
The recent GDP report released on Wednesday revealed that the U.S. economy contracted in the first quarter of the year. This marks the initial indication of the broader […]
Technology
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US Considers Loosening Nvidia Chip Restrictions for UAE Amid Trump’s Visit Plans
The United States is considering relaxing restrictions on Nvidia Corporation sales to the United Arab Emirates, according to individuals familiar with the situation. It has been suggested that […]
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GM Cuts Profit Forecast Amid Tariff Challenges
General Motors has reduced its profit forecast for 2025 by over 20%, citing the impact of tariffs imposed by the Trump administration. These tariffs are expected to increase […]
Technology
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Nasdaq Leads Gains on Wall Street as Microsoft, Meta Surge
Wall Street’s main indexes advanced on Thursday, with the tech-heavy Nasdaq leading the way. Strong quarterly results from Microsoft and Meta Platforms boosted investor confidence in the technology […]