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Intel's New CEO Explores Big Shift in Chipmaking
Intel's new chief executive is exploring a big change to its contract manufacturing business to win major customers, two people familiar with the matter told Reuters, in a potentially expensive shift from his predecessor's plans.
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Investors Mobilize for Weeks of Market Whiplash From Wild-Card Events
Big investors are mobilizing to trade through weeks packed with wild-card events that may shatter the calm in stock markets and drive big swings for assets they see as exposed to both positive or negative surprises, from gold to corporate credit.
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Chip Design Software Firms Climb as US Lifts Curbs on China Exports
Shares of Synopsys and Cadence Design Systems jumped in premarket trading Thursday after the United States lifted export restrictions on chip design software to China, signaling a thaw in trade tensions between the world's top two economies.The two companies, along with...
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Stocks Hit Record, US Dollar Firms After Jobs Data
Global stocks climbed to a record for a second straight session Thursday and the dollar rallied after a stronger than expected U.S. payrolls report indicated the labor market may not be deteriorating rapidly.
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AstraZeneca, Summit in Talks Over $15 Billion Deal
Summit Therapeutics and AstraZeneca are discussing a partnership deal worth as much as $15 billion, Bloomberg News reported Thursday.
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Stocks Tick Higher, Yields Leap as Rate Cut Odds Fall
U.S. stocks are ticking further into record heights Thursday after a report showed the U.S. job market looks stronger than Wall Street expected.
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Central Banker Poll: Fed Independence, US Rule of Law at Risk
Two in three reserve managers fear Federal Reserve independence is at risk and nearly half think the rule of law in the United States may deteriorate enough to influence their asset allocation significantly, UBS Asset Management said in a survey.
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Jobs Report Likely to Show Hiring Slowed in June
The steady slowdown in U.S. hiring likely continued in June as President Donald Trump's trade wars, federal hiring freeze and immigration crackdown weighed on the American job market.
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S&P 500, Nasdaq Gain on Vietnam Trade Deal
The S&P 500 and Nasdaq closed up Wednesday, lifted by gains in tech stocks and news of a trade agreement between the U.S. and Vietnam that helped ease concerns about an extended trade war.
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3 Monthly Dividend Stocks to Sell
With most stocks distributing dividends quarterly, investors needing predictable monthly cash flow could desire more frequent payouts. This is where monthly dividend stocks come in. Monthly dividend stocks pay shareholders a dividend each month, for 12 total payments per...
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Nike, Other Retailers Rise on Trump's Vietnam Trade Deal
Shares of Nike and other apparel makers rose Wednesday after U.S. President Donald Trump said he had struck a trade deal with Vietnam that would impose a lower than initially expected tariff rate on many imports from the Southeast Asian country.
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Stocks Tick Toward Another Record as Tesla Rallies
U.S. stock indexes are drifting higher Wednesday, ahead of a highly anticipated report about how the U.S. job market is holding up amid uncertainty about President Donald Trump's tariffs.
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Lands' End Attracts Bids From Authentic Brands, WHP
Brand management companies Authentic Brands Global and WHP Global have submitted bids to acquire apparel retailer Lands' End, according to two people familiar with the matter.
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Tesla Sales Plunge 13% in the Last Three Months
Sales of Tesla electric cars fell 13% in the last three months as boycotts over Elon Musk's political views continue to keep buyers away, a significant development given expectations that anger with the company's billionaire CEO would have faded by now.
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Del Monte Seeks Buyer as it Initiates US Bankruptcy
Del Monte Foods kicked off efforts to pursue a sale as it filed for Chapter 11 bankruptcy proceedings in the United States under an agreement with certain key lenders, the company said in a statement.
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Netflix in Talks With Spotify to Expand Live TV Content
Netflix has held talks with Spotify to partner on projects such as music award shows or live concert series as part of its live TV push, The Wall Street Journal reported Wednesday.
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Jeff Bezos Unloads 3M Amazon Shares Worth $737M
Amazon founder and executive chair Jeff Bezos sold shares worth almost $737 million in the e-commerce giant in late June, according to a regulatory filing.
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Dow Soars 400 Points in Start of 2nd Half of 2025
The Nasdaq closed lower Tuesday, dragged down by weakness in large-cap tech stocks, while the Dow soared 403.61 points higher in a volatile session marked by seasonally low liquidity.
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Newsmax Grows With Russell Index, Banker Says
The news that Newsmax Inc. has been added to the U.S. small-cap Russell 2000 Index and the broader mid-cap Russell 3000 Index, is exciting, Mark Elenowitz, managing director of Digital Offering, said Tuesday.
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Investors Should Ride With Trump's Economy
The early months of President Trump's second term have tested investors' nerves. After delivering blockbuster gains in 2023 and 2024, stocks continued to rally but then collapsed as Trump threatened reciprocal tariffs against all our trading partners.
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Boeing Taps Veteran Insider to Lead Defense Unit
Boeing said Tuesday it has appointed insider Stephen Parker as the president and CEO of its defense business.
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S&P 500, Nasdaq Dip From Record Highs
The S&P 500 and Nasdaq indexes opened lower Tuesday, after touching record highs a day earlier, as investors monitored U.S. trade talks and a voting marathon in Washington over President Donald Trump's tax and spending bill.
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Morning Bid: Senate's Vote-a-Rama Continues
All eyes remain focused on Washington, with Senate Republicans still locked in a marathon session, known as "vote-a-rama," as they try to pass a contentious tax cut and spending bill that could add trillions of dollars to the country's already high debt load.
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Microsoft: AI Better Than Doctors for Diagnosis
Microsoft has unveiled a new medical tool, fueled by artificial intelligence, that it claims far outperforms human doctors in diagnosing complex ailments.
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6 Questions for Investors as 2025's 2nd Half Kicks Off
The U.S. stock market completed a roller-coaster first half of the year at record-high levels but a host of factors could knock equities off their perch over the rest of 2025.