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Microsoft’s hiring of staff from AI startup Inflection referred for UK merger probe

Microsoft’s hiring of employees from artificial intelligence startup Inflection has been referred for an initial merger investigation in the U.K.

Published 16 July 2024
Categorised as Finance News

Bank of America tops estimates on better-than-expected investment banking

CEO Brian Moynihan told investors in April that net interest income would bottom in the second quarter.

Published 16 July 2024
Categorised as Finance News

Deutsche Bank criticized by German regulator for financial reporting error

Deutsche Bank incorrectly disclosed deferred tax assets in its 2019 financial statement, German regulator BaFin said Tuesday.

Published 16 July 2024
Categorised as Finance News

Hugo Boss shares plunge 10% as firm cuts 2024 guidance amid slumping China demand

Shares of Hugo Boss fell 10% in morning trade Tuesday after the company cut its sales outlook.

Published 16 July 2024
Categorised as Finance News

Powell indicates Fed won’t wait until inflation is down to 2% before cutting rates

Monday was Powell’s first public speaking appearance since the consumer price index report for June showed cooling inflation.

Published 15 July 2024
Categorised as Finance News

Stocks making the biggest moves midday: Trump Media, Macy’s, Goldman, Coinbase and more

These are the stocks posting the largest moves in midday trading.

Published 15 July 2024
Categorised as Finance News

Watch Fed Chair Jerome Powell’s remarks on interest rate policy and the economy

These will be Powell’s first remarks since the June CPI report showed inflation cooling.

Published 15 July 2024
Categorised as Finance News

Dimon and other Wall Street CEOs react to Trump assassination attempt: ‘Deeply saddened’ by violence

The shooting on Saturday shocked a nation gearing up for a contentious November election.

Published 15 July 2024
Categorised as Finance News

Stocks making the biggest moves premarket: Trump Media & Technology, Apple, Super Micro Computer and more

These are the stocks posting the largest moves in premarket trading.

Published 15 July 2024
Categorised as Finance News

With odds of a Trump win rising, here’s what it could mean for Europe’s economy

The euro area’s economy, including the zone’s gross domestic product, could be impacted if Donald Trump were to be re-elected, according to Goldman Sachs.

Published 15 July 2024
Categorised as Finance News

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Recent Posts

  • Jeffrey Gundlach sees one of the ‘least healthy’ stock markets of his career, urges 20% cash
  • Peter Thiel’s hedge fund dumps Nvidia stake, cuts back Tesla position
  • Stocks making the biggest moves premarket: Alphabet, Zymeworks, lithium producers, Quantum Computing, Clearwater Analytics and more
  • Alphabet rallies after Berkshire reveals stake. Why Buffett’s firm likely bought it
  • China slow-walks U.S. soybean purchases as stockpiles hit multi-year highs, undermining Trump’s trade deal claims

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