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News

News

Concurrent Technologies Experiences Strong Growth in First-Half Revenues and Profits

By InvestLuck
August 20, 2023
1 Mins read
London-based computer systems and boards manufacturer, Concurrent Technologies, has reported a significant increase in first-half revenue and pretax profit, surpassing market expectations….
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BetMGM Acquires Analytics Firm

By InvestLuck
August 20, 2023
1 Mins read
BetMGM, a leading player in the American sports betting industry, plans to acquire analytics firm Angstrom Sports for up to £122 million…
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Novartis Raises Full-Year Guidance and Initiates Share Buyback

By InvestLuck
August 19, 2023
1 Mins read
Novartis, the Swiss pharmaceutical major, has announced an increase in its full-year guidance following a strong performance in the first half of…
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Stocks Prove Resilient Against Central Bank Measures

By InvestLuck
August 19, 2023
2 Mins read
UBS’s chief investment officer for wealth management, Mark Haefele, has revised his outlook on stocks, realizing that they are faring better than…
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News

Economic Recession Prediction Proven Wrong

By InvestLuck
August 19, 2023
1 Mins read
Not so long ago, there were widespread concerns among economists and well-informed individuals about a looming economic recession in the summer of…
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News

XPeng Reports Widened Net Loss in Q2, Expects Revenue Recovery in Q3

By InvestLuck
August 19, 2023
1 Mins read
XPeng, the Chinese electric-vehicle manufacturer, experienced a larger net loss in the second quarter, primarily due to decreased sales. However, the company…
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Novartis Stock Surges on Strong Q2 Sales and Increased Outlook

By InvestLuck
August 19, 2023
1 Mins read
Novartis, the Swiss pharmaceutical company, experienced a sharp increase in its stock price during early trading on Tuesday. This surge came after…
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U.S. Stock Futures Show Modest Gain Amid Rising Bond Yields

By InvestLuck
August 18, 2023
2 Mins read
Investors are cautiously optimistic as U.S. stock futures edge higher early Thursday, following a recent decline fueled by rising bond yields. The…
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News

Applied Materials Inc. Reports Strong Q3 Earnings Surpassing Expectations

By InvestLuck
August 18, 2023
1 Mins read
Applied Materials Inc. shares saw a rise in after-hours trading on Thursday as the maker of semiconductor-manufacturing equipment reported better-than-expected earnings for…
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News

Sweden Raises Terrorist Threat Level

By InvestLuck
August 18, 2023
1 Mins read
Sweden’s security service has increased its terrorist threat level from elevated to high following recent incidents involving the burning of the Quran…
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China's Central Bank to Bolster Economy Amidst Weakening Domestic Demand and Increased Risks

By InvestLuck
August 18, 2023
2 Mins read
China’s central bank, the People’s Bank of China (PBOC), has announced plans to provide additional support to the country’s economy in response…
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BAE Systems to Acquire Ball Corp.'s Aerospace Business

By InvestLuck
August 18, 2023
1 Mins read
BAE Systems, the U.K. defense-and-aerospace group, announced on Thursday that it has reached an agreement to purchase Ball Corp.’s aerospace business for…
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