Alibaba Announces Management Shake-Up
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Effective immediately, Wu will take on the role of CEO for Taobao and Tmall, which are at the heart of Alibaba’s Chinese…
ProSiebenSat.1 Media Faces Challenges with Content Strategy
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ProSiebenSat.1 Media, a German media company, has experienced a decline in its shares due to an earnings hit resulting from a change…
LBG Media Adjusted Earnings Growth Falls Short of Expectations
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LBG Media’s shares took a hit as the company announced that its expected adjusted earnings growth for the year will be lower…
Anglo American Reports Increase in Rough Diamond Sales
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Anglo American has announced that rough diamond sales by its majority-owned De Beers Group have increased by 51% in the tenth cycle…
Affirm Expands 'Buy Now Pay Later' Services to Walmart Self-Checkout Kiosks
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Affirm Holdings, the popular ‘buy now pay later’ lender, has exciting news for its customers. In a recent announcement, the company revealed…
Finma's Call for Stronger Standards and Greater Powers
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Finma believes that it should have more influence over the governance of supervised institutions, including the ability to impose fines and publish…
German Government to Issue 440 Billion Euros in Federal Securities
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Frankfurt, Germany – The German federal government has announced its plan to issue approximately 440 billion euros ($480.68 billion) in federal securities…
Alphabet Inc. Cl A Stock Rises
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Shares of Alphabet Inc. Cl A (GOOGL) showed an impressive gain of 2.41% today, reaching $135.80 per share. This positive development comes…
Interest Rates Still Influence Stocks in 2024
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DataTrek Research reveals that interest rates will continue to play a crucial role in shaping the stock market in 2024. As Wall…
Structure Therapeutics' Shares Plunge on Disappointing Obesity Pill Data
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Shares of the obesity-focused biotech company Structure Therapeutics took a hit on Monday following the release of new data on their experimental…
Analysts Expect Inflation in Eurozone to Ease Sooner than Predicted
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Analysts surveyed by the European Central Bank (ECB) have revised their expectations for inflation in the eurozone, predicting that it will reach…
The Current State of the Stock-Market Rally
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Just how frothy is the stock-market rally right now? Consider this stat: Just under half of the S&P 500 components now have…