Category: pile
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DeepSeek Drives $1.3 Trillion China Stock Rally as Funds Pile In
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(Bloomberg) – Deepseek penetration in artificial intelligence helps to push the rotation of stock boxes to China from India. Most of them read from Bloomberg The hedge funds were accumulating to Chinese stocks in the fastest frequency in months, adding the rise in the technological gathering that Deepseek is to…
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Treasury’s Cash Pile Is a ‘Wild Card’ With New Administration
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(Bloomberg) — A change in leadership at the U.S. Treasury Department is likely to transform how the administration handles cash in the parks at the Federal Reserve, with strategists warning of the implications for the nation’s debt market. Most of them read from Bloomberg Bank of America Corp. And Wrightson…
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Warren Buffett dumped stocks, built a $300 billion cash pile, and updated his death plan in 2024. Here are his 6 highlights.
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Warren Buffett is the CEO of Berkshire Hathaway.Reuters/Rick Wilking Warren Buffett praised Charlie Munger and trimmed his bets on Apple and Bank of America in 2024. Berkshire Hathaway has reached a $1 trillion market cap and its cash pile has swelled to more than $300 billion. Buffett has donated about…
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Unit trusts pile into bank deposits on higher rates
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Collective investment schemes tripled their share of assets under management in the form of cash and demand deposits to Sh35.3 billion in the 12 months to March 2024, chasing high interest rates on deposits offered by liquidity-starved banks. New data on investment fund assets released by the Capital Markets Authority…
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Jerusalem light rail delays pile up
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Delays are piling up in the expansion of Jerusalem’s light rail system. Globes has learned that the Green Line between Mount Scopus and Gilo, which was scheduled to open next year, will now not open until March 2026. And the Red Line extension, originally scheduled to open in July 2023,…