Category: News
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Zoom COO Aparna Bawa sells over $740k in company stock By Investing.com
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In a recent move in Zoom video communications (NASDAQ:) Chief Operating Officer Aparna Bawa sold more than $740,000 worth of stock, according to the company’s most recent filing with the Securities and Exchange Commission. The transaction was executed on October 8, 2024, and included the sale of 10,871 shares of…
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Why AMD Stock Sank Today
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Advanced micro devices (NASDAQ:AMD) The stock fell on Thursday after the company’s Advancing AI conference. The specialty semiconductor company’s share price ended the day down 4%. The AMD Advancing AI conference provided new product reveals and promising sales indicators, and the company’s stock decline is likely a reflection of “buy…
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Why AMD Stock Sank Today
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Advanced micro devices (NASDAQ:AMD) The stock fell on Thursday after the company’s Advancing AI conference. The specialty semiconductor company’s share price ended the day down 4%. The AMD Advancing AI conference provided new product reveals and promising sales indicators, and the company’s stock decline is likely a reflection of “buy…
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Here are the facts that activist critics of Pfizer CEO Albert Bourla are missing, according to a Yale analysis
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The proxy battle between activist Starboard Value and pharmaceutical giant Pfizer has already taken a hostile turn. Anonymous sources have disparagingly suggested that Pfizer CEO Dr. Albert Bourla should be removed. After news reports suggested they initially sided with the activists, former Pfizer CEO Ian Read and former CFO Frank…
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Banks cut loans to parastatals by 15pc, defaults up
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Commercial banks reduced their lending to semi-governmental institutions by 14.7% in July compared to the same period last year, the largest decline in four years. This comes as state-owned companies struggle to service debts owed to their largest lender, the government. Overall, commercial banks, microfinance banks and savings and credit…
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Rayner’s employment rights overhaul to grant 9m workers the right to sue employers
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Deputy Prime Minister Angela Rayner is set to give an additional 9 million UK workers the right to sue their employers for unfair dismissal from day one of their jobs, as part of a sweeping reform of workers’ rights. Currently, employees must remain with the company for two years before…
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Trump Pushes Tax Break on Car Loans as He Courts Auto Industry
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Breadcrumb links BMN Business Donald Trump has vowed to boost the US auto industry by making interest on auto loans fully tax-deductible and renegotiating a trade deal with Mexico and Canada as he seeks to court business and labor leaders in the swing state of Michigan. Article writer: Bloomberg News…
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Rafael to unveil new battlefield air defense solution
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At the Association of the United States Army’s annual meeting and exhibition scheduled to begin Monday, state-owned Israeli defense company Rafael Advanced Defense Systems will unveil unmanned air defense systems designed to provide ground forces with comprehensive protection and lethal capabilities. The solution includes a laser-based Lite Beam system and…
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PetVivo Holdings announces new non-employee director compensation By Investing.com
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PetVivo Holdings, Inc. revealed (OTCQB:PETV), a medical device company headquartered in Edina, Minnesota, announced its non-employee director compensation policy for next year, as disclosed in its recent 8-K filing with the Securities and Exchange Commission (SEC). The company’s board of directors on Monday approved compensation for non-employee directors for the…
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Super Micro Computer stock continues wild ride as investors weigh AI hype against alleged DOJ probe
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Super Micro Computer ( SMCI ) stock fell 2.5% on Thursday after rising as much as 9% the day before, continuing its rollercoaster ride for a week as investors oscillate between optimism about the company’s strong financial position and caution about regulatory risks. It is said that super micro is…
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The controversy surrounding AI pioneer Geoffrey Hinton’s Nobel Prize misses the point
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The Nobel Prize was recently awarded to Geoffrey Hinton for his contributions to artificial intelligence (AI). It sparked controversyand reveals a deeper issue of how society rewards innovation. While Hinton is celebrated for his pioneering work in artificial intelligence and his popularization of back propagation, critics, including AI expert Jürgen…
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The costly vegetables at odds with record-low inflation
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Vegetable prices remained high due to supply and production disruptions, despite overall inflation falling to a 12-year record low of 3.6% in September. Prices of vegetables, including onions, cabbage, spinach, tomatoes, potatoes and carrots, rose by 22.1 percent on average in September compared to the same period last year, although…
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Apollo exec reveals thinking behind $11b Intel financing
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How has the trend of bank closures contributed to the development of the alternative investment market, what does the market include besides venture capital and private equity funds, and what does Apollo Asset Management offer to clients in Israel? Véronique Fournier, a senior manager at Apollo and responsible for the…
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New stock records as storm passes and CPI due
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A look at the day ahead in the US and global markets from Mike Dolan With US stocks soaring to new highs and devastating Hurricane Milton now weakening as it passes over Florida, the variable US interest rate horizon is back in focus with a key September inflation update due…
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Banksy stab-proof vest made famous by British rapper Stormzy sold for £780,000
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A stab-proof vest decorated with a Union Jack created by British street artist Banksy, similar to the one worn by hip-hop star Stormzy at the Glastonbury Festival, sold in London for 780,000 pounds ($1 million) on Wednesday. The jacket, made from former police uniforms, was one of five created by…
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Current account deficit drops to eight-year low
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Kenya’s current account deficit fell to its lowest level in four years during the second quarter of the year thanks to increased service revenues. The current account deficit shows that a country exports less compared to what it imports. The improvement in the deficit, explained by growth in exports of…
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Jamie Shaw, CEO, Shawton Energy
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We speak with Jamie Shaw, CEO of Shawton Energy, a leader in delivering large-scale commercial solar energy solutions to businesses across various sectors. With almost three decades of experience in the renewable energy industry, Shawton Energy has helped companies like DHL, Princes, and Hilton transition to greener, more sustainable energy…
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Jamie Shaw, CEO, Shawton Energy
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We speak with Jamie Shaw, CEO of Shawton Energy, a leader in delivering large-scale commercial solar energy solutions to businesses across various sectors. With almost three decades of experience in the renewable energy industry, Shawton Energy has helped companies like DHL, Princes, and Hilton transition to greener, more sustainable energy…