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Stocks climbed higher on hopes of rate cuts and trade easing, with the S&P 500 a few points shy of its record close in February. The U.S.’ major stock index closed within a hair of its record high set in February, climbing on investors’ hopes that rate cuts and tariff relief are coming sooner than … Read more
The broader crypto market faced a sharp jolt earlier today as geopolitical tensions between Israel and Iran triggered a wave of sell-offs. Among the tokens hit was Hyperliquid’s HYPE, which saw a steep intraday decline. However, the token is now showing signs of recovery. Trading at $39.63 at press time, HYPE (HYPE) is gradually rebounding … Read more
The Shell gas station logo is displayed on February 13, 2025 in Austin, Texas. Brandon Bell | Getty Images News | Getty Images British oil giant Shell on Friday reported a sharp fall in first-quarter profit, following a period of weaker crude prices. Shell reported adjusted earnings of $5.58 billion for the first three months … Read more
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British oil and gasoline company BP (British Petroleum) signage is being pictured in Warsaw, Poland, on July 29, 2024. Nurphoto | Nurphoto | Getty Images British oil giant BP on Tuesday posted slightly weaker-than-expected first-quarter net profit, following a recent strategic reset and a slump in crude prices. The beleaguered oil and gas major posted … Read more
Stepping in to save the media outlet after US cuts could help European democracies combat Russian disinformation, writes Peter Pomerantsev
SoftBank is marching ahead on its ambitions to build out a major AI operation in its home market of Japan, on its own steam and in strategic partnership with others like OpenAI. On Friday, the tech company confirmed it would pay $676 million for factory previously used by Sharp to build LCD panels to convert … Read more
Healthcare conglomerate CVS Health Corporation (NYSE: CVS) reported mixed results for the fourth quarter of 2024, with revenues growing modestly and earnings declining sharply. December-quarter adjusted profit plunged 44% year-over-year to $1.19 per share. On a reported basis, net income was $1.62 billion or $1.30 per share in Q4, compared to $2.05 billion or $1.58 … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Many of the world’s richest economies will need to at least double productivity growth to maintain historical improvements in living standards amid sharp falls in their birth rates. A McKinsey report investigating the economic impact … Read more
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Lightchain AI, priced at $0.004 in presale, is gaining momentum as a rival to Solana, with projections of a surge to $2 within 10 weeks. The cryptocurrency market thrives on disruptive innovation, and Lightchain … Read more
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