Category: Giants
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Retailing giants are facing new pushback following their DEI retreats
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Some giant retailers who now have DEI policies now feel some fatigue from their customers and investors. TARGET (TGT) and Walmart (WMT) were among many companies that have announced modern diversity, a list that also includes Google (Google), Meta (Meta), McDonald’s (MCD), Amazon (AMZN) and Jarra (TSCO). Now all of…
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Israeli AI-chip co Element Labs aims to rival tech giants
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A new AI chip startup founded by Israeli entrepreneur and billionaire Avigdor Wellens has taken the technology industry by storm with plans to compete with international chip giants and the way it hires employees. Sources familiar with the matter told Globes that the new startup called Element Labs has adopted…
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Stocks Rocked by Late-Week Swoon in Tech Giants: Markets Wrap
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(Bloomberg) — A selloff in the world’s largest technology companies weighed on stocks in the final stretch of a stellar year. Most read from Bloomberg “أعتقد أن سانتا قد جاء بالفعل. هل شاهدت الأداء هذا العام؟ قال كيني بولكاري في SlateStone Wealth. “إنه يوم الجمعة، والأسبوع المقبل هو أسبوع آخر…
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2 No-Brainer High-Yield Energy Giants to Buy Right Now for Less Than $500
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If there’s one thing investors can expect when investing their money in the energy sector, it’s volatility. Oil and natural gas, as commodities, have a long history of rapid and often dramatic price movements. For this reason, investors looking at this sector should consider sticking to the biggest and best…
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Israeli climate tech startups meet French industrial giants
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If only it were up to the Dan brothers, Yossi and Andre, and their indefatigable small company challengeIsraeli technological innovation will be a major part of the French business stream. As we mentioned in previous articles, bringing giant companies from abroad to Israel during high-risk periods such as now presents…
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Philippines levies 12% VAT tax on digital services by tech giants By Reuters
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MANILA (Reuters) – The Philippines will impose a 12% value-added tax on digital services offered by technology giants such as Amazon (NASDAQ:), Netflix (NASDAQ:), Disney and Alphabet (NASDAQ:), in 2019. The Internal Revenue Agency said On Thursday, it is a move that will level the playing field with local players.…
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Tech giants thrive amidst market turbulence: A snapshot of today’s stock movements
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Stock Heat Map from FinViz.com Thursday, August 29, 2024 13:46:10 GMT Overview of market movements and sector performance Today’s stock market presents a dynamic landscape with significant movements across various sectors. A focused analysis of the market heat map provides insight into sector performance, highlighting several key trends and movements…
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US judge delays launch of sports streaming venture from Disney, media giants By Reuters
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By Don Chmielewski and Jack Quinn (Reuters) – A U.S. judge on Friday temporarily blocked the launch of a new sports streaming service backed by three media giants, Walt Disney Co and Amazon. Disney (NYSE:), Fox, and Warner Bros. Discovery (NASDAQ:), which aim to attract younger sports fans who don’t…
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Market surge led by tech giants: Exploring today’s vibrant stock landscape
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Stock Heat Map from FinViz.com Tuesday, August 13, 2024 13:46:05 GMT Today’s Stock Market Overview Today’s trading session saw dynamic performance across sectors, with technology stocks gaining notably. The market heat map reveals strong progress in semiconductors and major technology players, which is fueling positive sentiment among investors. Given the…
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Earnings from AI giants could push the Nasdaq 100 over the edge
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The massive exodus of big tech companies has sent the Nasdaq 100 down 8% in just two weeks, putting it on the verge of a correction. Whether it can avoid that dubious event will likely hinge on the earnings of four companies whose combined value is nearly $10 trillion. In…
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Tech Giants’ Earnings Disappoint. Wall Street Ends Deep Red
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U.S. stocks fell on Wednesday, led by a selloff in technology stocks after disappointing earnings reports from Alphabet Inc., the parent company of Google, and electric carmaker Tesla Inc. The weak start to the earnings season for major companies raised concerns about the recent surge in stock prices driven by…
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Analysis-Drug giants eye China for deals despite growing Sino-US tensions By Reuters
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By Andrew Silver and Ken Wu SHANGHAI/HONG KONG (Reuters) – Some of the world’s biggest drugmakers, undeterred by growing tensions between China and the United States, are looking for deals in China to revamp their drug pipelines and boost their presence in the world’s second-largest pharmaceutical market, industry executives and…
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Tech giants rally: A snapshot of today’s vibrant stock market
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Stock Heat Map from FinViz.com Friday, July 05, 2024 13:46:14 GMT Market Overview Today’s stock market map reveals a dynamic trading landscape, with big tech companies like AMD and Google leading the way amid mixed sector trends. The map highlights key moves that provide an indication of investor sentiment and…
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French Startup, Mistral AI, Secures $640M Funding To Challenge Industry Giants
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Mistral AI team in Paris / Source: Mistral AI In the rapidly evolving world of artificial intelligence (AI), a French startup, Mistral AI, as a formidable competitor, ready to challenge the dominance of industry giants like OpenAI, Meta, and Anthropic. Founded in 2023 by former employees of tech giants Meta…
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There Are Hidden Giants Investing In The Bitcoin ETFs: Bitwise
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Bitwise executives have confidential information about the major financial players investing in BTC — but they won’t identify which ones. During an interview published Tuesday, Hunter Horsley, CEO of Bitwise, discussed how institutional and regulatory acceptance of Bitcoin as an investable asset is evolving faster behind the scenes than most…
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These Traditional Finance Giants Bought Bitcoin ETFs Last Quarter
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Bitcoin continues to reach new levels of adoption in the real world, as traditional finance (TradFi) companies embrace the digital asset at a remarkable pace. The significant investment in Bitcoin exchange-traded funds (ETFs) indicates growing institutional interest in cryptocurrency assets. Last quarter, a surprising number of US banks, investment managers,…
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Here Is What 6 Silicon Valley Giants Think About Cryptocurrency
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The high-tech industry continues to make active inroads into the blockchain industry, proposing and building new solutions that make Web3 products better and more usable by ordinary people as well as cutting-edge industry participants. 1. Block CEO Jack Dorsey – Bitcoin Bull Dorsey said that in 2021 at the Crypto…