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GameStop and AMC stocks crash: Is the meme stock mania finally over?
GameStop Corp. shares have experienced a significant decline for the third day in a row after the company announced its intention to...
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Silver shines brighter: Robust demand spurs surge in 2024
Gold's impressive rally has captured significant attention this year, drawing headlines and sparking interest among investors. However,...
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Sainsbury's partners with Microsoft to enhance AI-driven shopping experience
On Friday, Britain's Sainsbury's announced that it has entered into a strategic partnership with Microsoft, which will span five years....
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Japan's weak consumption and rising pressure for interest rate hikes
Japan's weak consumption may intensify, rather than alleviate, the already mounting political pressure on the central bank to increase...
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Oil market volatility: Mixed signals and forecast revisions
Recent sessions in the oil market have been marked by significant volatility. The prices of oil have been under considerable pressure...
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US dollar rises amid import price surge and job market strength
The value of the US dollar saw a significant increase on Thursday, driven by the release of data that indicated a 0.9% rise in import...
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Wall Street’s big bet: Hedge funds and banks dive into Bitcoin ETFs!
When it comes to Bitcoin ETFs, it’s not just the retail trading crowd that’s taking the plunge. Hedge funds, pension funds, and banks...
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AI showdown: Google's Gemini 1.5 Pro vs. OpenAI's ChatGPT
We are witnessing a new technological race with AI taking center stage. Just a day after OpenAI unveiled the latest version of ChatGPT,...
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Digitalisation and Big Tech: New risks in banking
The digitalisation of financial services and the increasing involvement of Big Tech companies in the finance sector are creating new...
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Gold prices near monthly high amid stabilizing US inflation and Fed rate cut prospects
Gold prices remained near a monthly high on Thursday, driven by signs of stabilizing inflation in the United States. This development has...
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Eurozone bond yields drop as U.S. inflation data boosts rate cut expectations
Eurozone bond yields experienced a notable drop on Wednesday following the release of U.S. consumer price data, which showed a...
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NYCB stock jumps after $5 billion loan sale to JPMorgan Chase!
Shares of New York Community Bancorp experienced a notable increase, rising nearly 5% in premarket trading on Wednesday. This uptick in...
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GameStop stock skyrockets 240%: Is the meme frenzy back with a vengeance?
GameStop shares experienced a remarkable surge on Tuesday, indicating a potential revival of the 2021 meme stock trading frenzy, nearly...
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ECB calls for cautious AI integration in finance!
The use of artificial intelligence (AI) in the financial sector is still in its early stages, but there is a clear need for ongoing...
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Fed Chair Powell comments on mixed PPI report and inflation outlook, EURUSD
The dollar is attempting to initiate another rally, taking advantage of the fact that yesterday's US Producer Price Index (PPI) inflation...
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Uber acquires Foodpanda Taiwan for $950M to strengthen Asian market presence
Uber Technologies Inc. is set to acquire Delivery Hero SE’s Foodpanda operations in Taiwan for a substantial $950 million. This strategic...
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Oil prices rise on geopolitical tensions and economic outlook
Oil prices rose significantly on Monday, rebounding after a 1.26% drop on Friday. These fluctuations come in the context of recent...
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OpenAI unveils game-changing GPT-4o with mind-blowing new features!
OpenAI is gearing up to launch a more efficient and cost-effective version of the artificial intelligence model that powers its ChatGPT...
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EUR/USD dynamics amid US economic data and ECB policy shifts
At the beginning of this week, the euro's value continues to exhibit minimal volatility, though it has recently approached a rate of 1.08...
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Major global firms set to expand in France at Macron's 'Choose France' summit
Amazon.com Inc., Pfizer Inc., and Morgan Stanley are actively preparing to increase their business operations in France, an expansion...
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