Nvidia investors are optimistic about the potential dismantling of Biden’s AI chip export restrictions under the Trump administration. Nvidia shares have climbed as the administration prepares to lift […]
Technology
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Apple Seeks to Pause App Store Rule Changes Amid Epic Games Appeal
Apple has requested the U.S. District Court in Northern California to suspend the enforcement of new App Store regulations following its recent legal setback against Epic Games. In […]
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Pharma Shipments Surge Amid Trump Tariff Threats
There has been a significant increase in pharma shipments to the U.S. as businesses prepare for potential tariffs under threat from Trump. The U.S. trade deficit widened to […]
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Rite Aid Files for Bankruptcy Protection, Plans to Close or Sell All Stores
Rite Aid has filed for Chapter 11 bankruptcy protection and plans to either close or sell all of its stores. This move affects numerous locations, including stores in […]
Banks
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UnitedHealth Sued by Shareholders Over Profitability Concerns Following Executive’s Death
A proposed class action lawsuit has been filed in Manhattan federal court by shareholders against UnitedHealth. They allege the insurer defrauded investors after the shooting of UnitedHealthcare CEO […]
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EPA’s Energy Star Program Faces Potential Cuts
The Environmental Protection Agency (EPA) is considering eliminating its Energy Star offices, which could end a decades-old program guiding consumers toward energy-efficient products. This move is part of […]
Banks
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Can Trump Fire the Federal Reserve Chair?
The Federal Reserve, one of the world’s most powerful institutions, controls the U.S. money supply and interest rates. It played a crucial role in stabilizing the global financial […]
Technology
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Palantir’s Stock Drops Despite Strong Earnings and Raised Guidance
Palantir Technologies (NASDAQ:PLTR) has been a standout success in the AI sector, with its shares surging 416% over the past year. Despite delivering another robust earnings report, the […]
Technology
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Apple Reports Decline in Searches Due to AI Usage, Impacting Google’s Stock
Since ChatGPT’s emergence in 2022, investors have speculated about the potential impact on Google. Specifically, what happens if users increasingly rely on AI engines instead of Google’s search […]
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Ford Increases Prices on Three Models Amid Tariff Pressures
Ford Motor Company has announced price increases for three models manufactured in Mexico, citing pressures from tariffs imposed by President Trump. The price hikes affect the Bronco Sport, […]