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Strategy’s Bitcoin-backed Stretch stock could lure capital from $7T traditional funds

Bitcoin-focused treasury firm Strategy has…

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Investing

Why Eternal’s share price is rising despite a 90% drop in Q1 net profit

Eternal (formerly Zomato) caught the…

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Investing

India needs $2.4 trillion for climate-resilient urban infrastructure by 2050

The World Bank on Tuesday…

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Investing

Alphabet, Tesla earnings this week: what analysts are saying about GOOG, TSLA

The second-quarter earnings season for…

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Investing

BP taps Albert Manifold as new chairman amid strategic crossroads

On Monday, BP announced Albert…

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Investing June 2, 2025

Why two Wall Street firms remain cautious on Nvidia despite AI boom

Nvidia Corp (NASDAQ: NVDA) has been in a sharp uptrend ever since the White House agreed to a 90-day trade truce with China.Plus, the artificial intelligence behemoth recently…

Investing June 2, 2025

Trump’s tariff hikes cause steel stocks to fall across Asia

Shares of South Korean and Vietnamese steel producers, key Asian exporters to the US, fell on Monday following President Donald Trump’s announcement that he would double tariffs on…

Investing June 2, 2025

What makes Tesla stock better than Waymo for a bet on autonomous driving?

Wedbush senior analyst Dan Ives says Waymo isn’t the best name for exposure to the global race towards autonomous vehicles.Despite the buzz around Alphabet’s self-driving unit, Ives argues…

Economy June 2, 2025

Why Trump’s iPhone tariff threat might not be enough to bring production to the U.S.

The once-solid relationship between President Donald Trump and Apple CEO Tim Cook is breaking down over the idea of a U.S.-made iPhone. Last week, Trump said he “had…

Economy June 2, 2025

Walmart fined for shipping realistic toy guns to New York, violating state law

Walmart agreed to pay a small fine and promised to ensure its third-party resellers are unable to sell realistic looking toy guns to buyers in New York, after…

Economy June 2, 2025

23andMe to delist from Nasdaq, deregister with SEC

23andMe on Tuesday announced it will voluntarily delist from the Nasdaq and de-register with the U.S. Securities and Exchange Commission, according to a release. The move comes after…

Economy June 2, 2025

Macy’s CEO says retailer will hike some prices as tariffs cut into profits

Macy’s cut its full-year profit guidance on Wednesday even as it beat Wall Street’s quarterly earnings expectations, as the retailer’s CEO said it will hike prices of certain…

Economy June 2, 2025

Dick’s Sporting Goods stands by full-year guidance — even with tariffs looming

Dick’s Sporting Goods said Wednesday it’s standing by its full-year guidance, which includes the expected impact from all tariffs currently in effect. The sporting goods giant said it’s…

Economy June 2, 2025

E.l.f. Beauty to acquire Hailey Bieber skin care brand Rhode in up to $1 billion deal

E.l.f. Beauty announced on Wednesday plans to acquire Hailey Bieber’s beauty brand Rhode in a deal worth up to $1 billion as the cosmetics company looks to expand…

Economy June 2, 2025

Boeing to resume airplane deliveries to China next month, ramp up Max production, CEO says

Boeing’s airplane deliveries to China will resume next month after handovers were paused amid a trade war with the Trump administration, CEO Kelly Ortberg said Thursday, as he…

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