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 […]
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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 […]
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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 […]
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FDA to Rehire Fired Staffers Amid Uncertainty Over Layoffs
The Food and Drug Administration (FDA) is rehiring some recently fired employees, including those who handle travel bookings for safety inspectors. More than 20 of the roughly 60 […]
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Harrods Latest Retailer Targeted by Cyber Attack
Luxury department store Harrods has confirmed it is the latest retailer to be targeted by a cyber attack. The company stated that it had restricted internet access at […]
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Nvidia Criticizes Anthropic’s Defense of U.S. AI Chip Restrictions on China
Nvidia publicly criticized Anthropic on Thursday over differing stances regarding U.S. chip export restrictions set to be enforced soon. “American firms should focus on innovation and rise to […]
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US Considers Loosening Nvidia Chip Restrictions for UAE Amid Trump’s Visit Plans
The United States is contemplating a possible relaxation of restrictions on Nvidia Corp.’s sales to the United Arab Emirates, according to individuals familiar with the situation. These sources […]
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CVS Health Reports Strong First Quarter 2025 Results and Updates Guidance
CVS Health Corporation announced its first quarter 2025 results, showing a significant increase in GAAP diluted EPS from $0.88 to $1.41 and Adjusted EPS from $1.31 to $2.25 […]
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General Motors to Use ‘Covid Playbook’ to Mitigate $5 Billion Tariff Impact
General Motors plans to implement a strategy referred to as the ‘Covid playbook’ in order to counteract the financial impact of a $5 billion tariff. This approach, which […]