CrowdStrike Seeks Dismissal of Delta Lawsuit Over Contract Terms
CrowdStrike, a leading cybersecurity company, has filed a motion to dismiss a lawsuit brought against it by Delta …
December 19, 2024
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Industry
Tech Insights News
Glenmark USA Launches Lacosamide Oral Solution
Glenmark Pharmaceuticals Inc., USA, a subsidiary of Glenmark Pharmaceuticals Ltd., has announced the launch of Lacosamide Oral …
December 18, 2024
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Big Oil Partners with Big Tech to Power AI Data Centers
Major oil and gas companies are increasingly exploring opportunities to capitalize on the burgeoning demand for data center …
December 17, 2024
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Bernstein: Musk’s GLP-1 Support Could Lift Eli Lilly 40%
Bernstein, a prominent investment research firm, has expressed optimism about Eli Lilly, a leading pharmaceutical company. The firm believes …
December 15, 2024
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Stellantis, CATL to Build $4.3B EV Battery Plant in Spain
Stellantis, a multinational automotive corporation, and Contemporary Amperex Technology Co. Limited (CATL), a leading global …
December 12, 2024
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BofA Downgrades AMD Over Concerns of Market Share Losses
Bank of America has downgraded its Advanced Micro Devices (AMD) rating, citing concerns about potential market share losses …
December 11, 2024
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Court Rejects Boeing Deal on 737 Max, Cites DOJ DEI Concerns
A federal judge has rejected a plea deal between Boeing and the Department of Justice (DOJ) in connection with the deadly 737 MAX …
December 10, 2024
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SpaceX Faces Pushback on Starlink Expansion Over Musk-Russia Ties
SpaceX’s ambitious Starlink project, aimed at providing global internet connectivity, has encountered opposition from a Ukrainian group concerned …
December 9, 2024
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American Eagle Shares Drop 13% on Weak Holiday Forecast
Shares of American Eagle Outfitters Inc. declined significantly by over 13% following the company’s release of weaker-than-expected …
December 5, 2024
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BYD, Leapmotor, Xiaomi Exceed Annual Delivery Targets Early
Chinese automakers BYD, Leapmotor, and Xiaomi have achieved a significant milestone by surpassing their annual delivery …
December 5, 2024
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Trivariate: Buy Equal-Weighted S&P 500, Short Ark Innovation
Trivariate Research, a prominent investment research firm, has proposed a contrarian investment strategy. The strategy advocates for a long position …
December 2, 2024
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EasyJet Earns $4.5B from Add-Ons, CEO Decries ‘Unfair’ Penalty
EasyJet, a major European low-cost airline, has reported revenue of $4.5 billion from ancillary services, such as checked baggage fees …
December 1, 2024
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Bitcoin Rebounds to $96K, Eyes $100K Ahead of Thanksgiving
The world’s largest cryptocurrency has experienced a significant surge, surpassing the $96,000 mark. This remarkable price increase …
November 29, 2024
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Orange Teams with OpenAI, Meta on African-Language AI Models
Orange, a leading global telecommunications operator, has announced strategic partnerships with OpenAI and Meta to …
November 28, 2024
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Intel Nears $8B CHIPS Act Grant Deal with Commerce Dept
Intel Corporation and the U.S. Department of Commerce are nearing the finalization of a substantial $8 billion grant under …
November 26, 2024
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Cochin Shipyard Signs MoU with Seatrium Letourneau, USA
Cochin Shipyard Limited (CSL), a leading shipbuilding and repair company in India, has entered into a …
November 26, 2024
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Bank of America Boosts Netflix Target to $1K on Fight Viewers
Bank of America has raised its price target for Netflix to $1,000 per share, citing the streaming giant’s impressive subscriber growth …
November 26, 2024
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Acurx Pharma Plans $1M Bitcoin Buy, Mirroring MicroStrategy
Acurx Pharmaceuticals, a biopharmaceutical company, has announced plans to allocate up to $1 million to purchase Bitcoin. This strategic …
November 21, 2024
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Evercore Upgrades BioNTech, Cites RFK Jr. Nomination as Opportunity
Evercore ISI, a prominent investment research firm, has upgraded its rating on BioNTech, a leading biotechnology company. The upgrade …
November 19, 2024
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Chinese AI Startup Challenges OpenAI with New Image-to-Video Tool
A prominent Chinese artificial intelligence startup has unveiled a groundbreaking image-to-video tool, directly challenging …
November 19, 2024
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VW’s $5.8B Rivian Deal Hinges on Key Milestone Achievements
Volkswagen Group has invested a substantial $5.8 billion in Rivian, a promising electric vehicle (EV) startup. However, this investment …
November 15, 2024
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Boeing Machinists Approve Contract, Ending Strike with 38% Raises
A significant labor dispute involving Boeing and its machinists has resulted in the ratification of a new labor contract. The agreement, which …
November 12, 2024
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Bentley Delays All-EV Launch, Shifts Focus to Plug-In Hybrids
Bentley Motors, the luxury automotive brand, has announced a strategic shift in its electrification plans. The company has decided …
November 12, 2024
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OpenAI Taps Ex-Meta Orion Head to Lead Robotics Initiatives
OpenAI, a prominent artificial intelligence research laboratory, has appointed a seasoned robotics expert from Meta to lead …
November 7, 2024
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Palo Alto Gains on Contract News, Abbott Awaits Lawsuit Ruling
Palo Alto Networks, a cybersecurity firm, has experienced a positive market response following the announcement of several …
November 7, 2024
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Samsung Chip Profit Drops 40% from Previous Quarter
Samsung Electronics, a global technology giant, has reported a substantial 40% decline in its chip business profit compared to the previous …
November 3, 2024
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Apple Cuts iPhone 16 Orders by 10M Units, Analyst Kuo Reports
Renowned Apple analyst Ming-Chi Kuo has reported that the tech giant has significantly reduced its production orders for the iPhone …
October 25, 2024
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Peloton Teams with Costco to Sell Bike+, Targeting Wealthy Youth
Peloton, the popular fitness equipment company, has announced a strategic partnership with Costco Wholesale, a major retailer known …
October 23, 2024
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Bill Nygren Urges Diversifying Away from S&P 500 Growth Focus
Prominent value investor Bill Nygren has issued a cautionary note regarding the concentration of growth stocks within …
October 23, 2024
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TSMC Shares Surge 10% on Soaring AI Demand and Profit Jump
Taiwan Semiconductor Manufacturing Company (TSMC), a major supplier to both Nvidia and Apple, has experienced a significant …
October 23, 2024
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U.S. Crude Oil Drops Below $71 as Sell-Off Continues
The price of U.S. crude oil has continued its downward trajectory, falling below the $71 per barrel mark. This decline is part of a broader …
October 17, 2024
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Boeing Plans to Raise $25 Billion to Strengthen Balance Sheet
Boeing, the aerospace giant, has announced plans to raise up to $25 billion in new capital through debt and equity …
October 17, 2024
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U.S. Crude Drops Over 2% as OPEC Lowers Demand Forecast Again
Crude oil prices have experienced a significant decline, exceeding 2%, following the Organization of the Petroleum Exporting …
October 16, 2024
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Morgan Stanley Boosts Confidence in Nvidia After CEO Meeting
Morgan Stanley, a leading investment bank, has reaffirmed its positive outlook on Nvidia Corporation, reiterating its recommendation …
October 14, 2024
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PepsiCo Lowers Revenue Outlook Amid Sluggish Snack Sales, Global Markets
The global food and beverage giant PepsiCo has revised its full-year revenue outlook downward, citing sluggishness in its …
October 11, 2024
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U.S. Crude Oil Drops Below $74 Per Barrel After Market Sell-Off
Crude oil prices have declined, trading below the $74 per barrel mark, following a period of selling pressure. The retreat comes …
October 11, 2024
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U.S. Crude Oil Surges 3%, Tops $77 Ahead of Israel-Iran Strike
Crude oil prices experienced a significant uptick, surpassing the 3% mark, as global markets anxiously awaited Israel’s anticipated retaliation ….
October 8, 2024
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Port Strike Could Fuel Inflation, Impact Grows with Duration
The ongoing strike at West Coast ports has the potential to reignite inflationary pressures, with the severity of the economic impact …
October 8, 2024
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OpenAI Secures $4B Credit Line, Boosting Liquidity to $10B+
OpenAI, the artificial intelligence research laboratory, has secured a $4 billion revolving credit line from a group of …
October 8, 2024
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Crude Oil Rises 1% as Israel Pledges ‘Painful’ Response to Iran
Crude oil prices have experienced a notable increase, approaching 1%, following Israel’s vow to retaliate against Iran for a recent …
October 3, 2024
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Crude Oil Surges 3% After Iran Launches Missiles at Israel
Crude oil prices experienced a sharp increase, surpassing the 3% mark, following reports of missile attacks launched by Iran …
October 2, 2024
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TD Picks Top Industrial Stock to Benefit from AI-Driven Nuclear Revival
Toronto-Dominion Bank (TD) has pinpointed a specific stock that it believes will be a major beneficiary of the resurgence in …
October 1, 2024
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Super Micro Shares Drop 12% Amid DOJ Investigation Report
Shares of Super Micro Computer, a leading provider of server technology, have experienced a significant decline following reports …
September 30, 2024
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Goldman Recommends Tesla Call Options Ahead of Two Major October Catalysts
Goldman Sachs has issued a bullish recommendation for Tesla call options, anticipating significant upside potential in the stock price ahead …
September 27, 2024
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Boeing Defense Unit Chief Colbert to Depart, CEO Confirms
According to the company’s chief executive, Ted Colbert, the president and CEO of Boeing Defense, Space & Security, is stepping down …
September 25, 2024
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GM’s EV Sales Gain Momentum as New Vehicle Lineup Expands
General Motors (GM) has experienced a significant surge in electric vehicle (EV) sales as its lineup of new EV models continues …
September 25, 2024
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Amazon Launches Amelia, an AI Assistant for Third-Party Sellers
The e-commerce giant Amazon has announced the launch of Amelia, a new artificial intelligence (AI) assistant designed to support third-party …
September 23, 2024
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4D Molecular Therapeutics CEO Sells Over $298K in Company Stock
In a recent disclosure filing, 4D Molecular Therapeutics (NASDAQ: FDMT) reported that its Chief Executive Officer, David Kirn, sold company …
July 5, 2024
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Arcadium Lithium (NYSE) Shares Drop 4.8%
The share price of Arcadium Lithium (NYSE: ALTM) declined 4.8% on the New York Stock Exchange (NYSE) on July 3, 2024. The precise …
July 5, 2024
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Tesla Added to Wells Fargo’s Q3 Tactical Ideas List
In a recent note to investors, Wells Fargo & Co. (WFC), a prominent financial institution, announced the inclusion of …
July 4, 2024
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Mullen Automotive (NASDAQ) Shares Down 2%
Shares of Mullen Automotive, Inc. (NASDAQ: MULN), a company developing electric vehicles (EVs) and battery …
July 2, 2024
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VW to Invest Up to $5B in Tesla Rival Rivian
In a move that underscores the intensifying competition within the electric vehicle (EV) market, Volkswagen AG (VOWG_p.DE) announced …
July 1, 2024
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Tata Motors JLR Partners with Chery to Develop EVs in China
In a strategic move to bolster its presence in the burgeoning Chinese electric vehicle (EV) market, Tata Motors’ subsidiary, Jaguar Land Rover (JLR), has entered …
July 1, 2024
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Boeing Offers to Acquire Spirit Aero for $35 per Share
In a maneuver aimed at bolstering its supply chain, Boeing Company (BA) has reportedly offered to acquire Spirit AeroSystems …
June 26, 2024
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Target Partners with Shopify to Expand Third-Party Marketplace
In a strategic move designed to amplify its e-commerce offerings, Target Corporation (TGT) has entered into a collaborative partnership …
June 25, 2024
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New Malware Exploits Docker APIs for Cryptocurrency Mining
Security researchers have uncovered a novel malware campaign targeting a critical vulnerability in Docker …
June 24, 2024
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Klarna Rival Zilch Raises $125M to Triple Sales, Speed IPO
British buy now, pay later (BNPL) company Zilch has announced the successful acquisition of $125 million in debt …
June 21, 2024
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Wedbush Raises Micron’s Price Target to $170 Ahead of Q3 Report
Micron Technology Inc. (NASDAQ: MU) stock received a positive boost from investment research firm Wedbush …
June 20, 2024
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China’s Industrial Output Rises 5.6% in May
China’s industrial sector exhibited continued growth in May 2024, according to data released by the National Bureau of Statistics (NBS) on June …
June 19, 2024
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CIBC Private Wealth Boosts Holdings in MicroStrategy (NASDAQ)
CIBC Private Wealth Group LLC, a wealth management arm of the Canadian Imperial Bank of Commerce (CIBC), has increased its holdings …
June 19, 2024
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US Tariffs Trigger Race to Build Non-Chinese Graphite Supply Chain
The United States government’s imposition of tariffs on graphite has inadvertently triggered a global effort to establish alternative …
June 18, 2024
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Oil Prices Rise Amid Increased Mideast Tensions
Global crude oil prices increased in recent trading sessions, driven by heightened geopolitical tensions in the Middle East. The rise in …
June 14, 2024
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BofA Identifies TSMC as Key Apple Beneficiary, Raises Price Target
Investment bank Bank of America (BofA) has expressed renewed optimism for Taiwan Semiconductor Manufacturing Company …
June 14, 2024
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Sysdig Extends AI Workload Security to AWS Services
Sysdig, a security software company, has expanded its AI Workload Security solution to encompass …
June 12, 2024
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Deutsche Telekom and Mitel Launch Joint Communications Solution
Deutsche Telekom and Mitel, a leading provider of business communication solutions, have entered into a strategic partnership to …
June 11, 2024
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China’s Space Pioneer Raises $207M for Rocket Development
China’s burgeoning private space industry received a significant boost recently. Beijing-based rocket developer Space Pioneer …
June 10, 2024
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Thai SEC Approves First Bitcoin Fund
Thailand’s Securities and Exchange Commission (SEC) has authorized the launch of the nation’s first Bitcoin investment …
June 7, 2024
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Tech Companies Advocate for AI Regulations
In a surprising turn of events, leading technology companies have come forward in unison to advocate for introducing regulations …
June 6, 2024
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Rolls-Royce Shares Rise Friday but Underperform Market
Rolls-Royce Holdings plc (RR.) experienced a positive stock price movement on Friday, June 3rd, 2024. However, the …
June 4, 2024
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All-Electric Chevy Equinox Launches, Testing GM’s EV Strategy
General Motors (GM) has unveiled its all-electric Chevrolet Equinox, marking a significant step forward in its commitment to electric …
June 3, 2024
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Hess Investors Approve Chevron’s $53B Takeover
A significant hurdle in the proposed $53 billion acquisition of Hess Corporation by Chevron Corporation was cleared …
May 31, 2024
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T-Mobile will acquire US Cellular for $4.4 billion, including debt
T-Mobile US Inc. has finalized a definitive agreement to acquire a substantial portion of US Cellular in a deal valued at …
May 30, 2024
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Meta Adds Safety Features to CrowdTangle Amid EU Concerns
Meta Platforms Inc. (formerly Facebook) has implemented a series of safety enhancements to its social media disinformation …
May 29, 2024
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European Shares Rise as Chipmakers Surge on Nvidia Forecast
European equity markets closed higher on Thursday, buoyed by a strong performance from the technology sector. This positive sentiment …
May 24, 2024
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Cynata Reports Breakthrough in GvHD Treatment
Cynata Therapeutics Limited (ASX: CYP), a clinical-stage biotechnology company pioneering cell therapies, has unveiled promising …
May 23, 2024
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Natixis Advisors Sells 5,666 Shares of Super Micro Computer
Natixis Advisors L.P., an investment management firm, has made a minor adjustment to its holdings in Super …
May 20, 2024
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Canada’s Small Modular Nuclear Reactor Ambitions
Canada has unveiled a comprehensive plan to position itself as a global leader in developing and deploying small modular …
May 17, 2024
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Decade-Old Dogecoin Stack Dump Results in Million-Dollar Loss
A cautionary tale has emerged from the volatile world of cryptocurrency. An unnamed investor who purchased Dogecoin …
May 16, 2024
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GameStop Stock Surges Over 70%, Halts for Volatility Post ‘Roaring Kitty’ Message
Shares of GameStop Corporation (NYSE: GME) experienced a dramatic surge on Monday, exceeding a 70% gain before trading …
May 15, 2024
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PSU Bank Index Dives 6% in Week; PNB, Canara Bank Stocks Drop Over 9%
In recent trading sessions, India’s public sector bank (PSU) index significantly declined. The Nifty PSU Bank index plunged …
May 13, 2024
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Evette Partners with Shepherd Software for the Vet Industry
Evette, a leading provider of veterinary relief staffing, and Shepherd Veterinary Software, the fastest-growing veterinary practice …
May 10, 2024
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Decentralized Clinical Trials Market Set to Hit $13.3B by 2030
The decentralized clinical trials (DCT) market is anticipated to register significant growth in the coming years, with a projected valuation …
May 9, 2024
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Software as a Service Inflation Outpaces UK Consumer Prices, Raising Concerns for Businesses
According to a recent study by cloud computing firm Contrastive, Software as a Service (SaaS) inflation surpassed the UK consumer price …
November 15, 2023
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ExxonMobil Commences Lithium Exploration in Arkansas, Aspiring to Become a Leading Supplier for Electric Vehicles by 2030
ExxonMobil, a global energy company, has initiated lithium exploration activities in southwest Arkansas, a region known for its substantial …
November 14, 2023
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Zaxcom Files Patent Infringement Lawsuit Against RØDE Over Wireless Pro System
Zaxcom, a leading manufacturer of professional audio equipment, has filed a patent infringement lawsuit against RØDE, an Australian audio …
November 10, 2023
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OpenAI Pledges to Cover Legal Costs for ChatGPT Users Facing Copyright Infringement Claims
OpenAI, the company behind the popular chatbot ChatGPT, has announced that it will cover the legal costs of users who are sued for copyright …
November 9, 2023
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Shein Targets $90 Billion Valuation in Potential IPO, Signaling Confidence Amid Evolving Retail Landscape
Shein, the Chinese fast-fashion giant, is reportedly seeking a valuation of up to $90 billion in a potential initial public offering (IPO), underscoring …
November 8, 2023
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The Original AI Livestock Artificial Insemination Revolutionizes
Artificial insemination (AI), a technique where semen is collected from male animals and introduced into the female reproductive tract, has revolutionized animal …
November 7, 2023
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Walmart Invests $9 Billion to Upgrade 1,400 Stores in Two-Year Initiative
Walmart, the world’s largest retailer, announced on October 30, 2023, that it will invest $9 billion over the next two years to upgrade …
November 2, 2023
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BetMGM and Philadelphia 76ers Renew Official Sports Betting Partnership
BetMGM, a leading sports betting and gaming operator, and the Philadelphia 76ers, one of the NBA’s most popular teams, have …
October 27, 2023
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Swiss Pharma Giant Roche Buys Telavant Holdings for $7.1 Billion
Swiss pharmaceutical giant Roche has agreed to buy Telavant Holdings, a US-based developer of digital health solutions, for $7.1 billion in …
October 25, 2023
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Posco Holdings’ Third-Quarter Net Profit Expected to Rise on Year
South Korean steelmaker Posco Holdings is expected to report a rise in third-quarter net profit on year, driven by higher steel prices and strong …
October 25, 2023
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Autoworkers in Canada Ratify New Deal with GM, Avoiding Strike
Autoworkers in Canada have ratified a new labor contract with General Motors, averting a strike scheduled to begin on Monday. The deal was …
October 23, 2023
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Wyndham Rejects Choice Hotels’ $7.8 Billion Takeover Bid
Wyndham Hotels & Resorts, one of the world’s largest hotel chains, has rejected a $7.8 billion takeover bid from Choice Hotels …
October 18, 2023
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Single Cell Protein Market to Reach USD 18 Billion by 2030, Driven by Growing Demand for Sustainable and Nutritious Food Sources
According to a new report by Market Research Future, the single-cell protein market is expected to reach USD 18 billion by 2030. The market is growing …
October 17, 2023
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US Government Awards $7 Billion to Amazon, Exxon Hydrogen Hubs
The US government has awarded $7 billion in funding to seven hydrogen hub projects across the country, including two hubs led by Amazon …
October 17, 2023
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Walgreens Boots Earnings Miss Estimates, Revenue Tops Estimates
Walgreens Boots Alliance (WBA) reported fourth-quarter earnings of $0.67 per share on revenue of $35.4 billion. Earnings missed analyst expectations …
October 16, 2023
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Walgreens Names Veteran Healthcare Executive Tim Wentworth as Next CEO
Walgreens Boots Alliance has named veteran healthcare executive Tim Wentworth, as the company’s next chief executive. Wentworth is the …
October 13, 2023
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Vertical Asymmetry of Macular Microvasculature in Epiretinal Membrane Patients with Open-Angle Glaucoma
Open-angle glaucoma (OAG) is a leading cause of irreversible blindness worldwide, characterized by progressive loss of retinal ganglion …
October 13, 2023
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Leftovers of Cell Division Spread Cancer’s Genetic Blueprint
Scientists have discovered that remnants of cell division, called midbodies, can spread cancer’s genetic blueprint to other cells. This discovery could lead …
October 12, 2023
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