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Nov 09 2024BUSINESS

Stocks Soar After Trump Win: Dow Hits 44, 000

Wall Street celebrated Donald Trump's presidential win with a bang! The Dow Jones Industrial Average climbed over 44, 000 for the first time, while the S&P 500 broke the 6, 000 barrier. Investors were thrilled about the possibility of a Republican sweep in Congress, hoping for business-friendly poli

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Nov 05 2024FINANCE

Markets Hyped for U. S. Election and China's Parliament

This week's Asia-Pacific markets are buzzing with excitement as two major events are about to unfold: the U. S. presidential election and the annual meeting of China's parliament in Beijing. Investors are keeping a close eye on both developments, which could significantly impact the region's economy

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Nov 01 2024BUSINESS

Chip Giant Intel's Surprising Q3 Results: A Turning Point?

Intel, a major player in the tech world, had a quarter that surprised everyone. Their shares jumped 9% after hours on Thursday due to better-than-expected revenue. Pat Gelsinger, Intel's CEO, has been facing a tough time with the company's performance, but the latest numbers brought some relief. The

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Oct 17 2024BUSINESS

Shopping Sprees Boost Economy as Jobless Claims Drop Unexpectedly

Retail stores have seen a bigger bump in sales than expected last month. Despite some hurricanes causing chaos, new jobless claims dropped by surprise. This good news has traders thinking a rate cut by the Fed is almost guaranteed next month. More numbers are coming out later today, including how w

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Oct 13 2024FINANCE

Which Presidential Candidate is Better for Wall Street?

In just over a month, voters will decide the country's future. While not all presidential actions affect Wall Street, the economic policies of the incoming administration can significantly impact the stock market. Over the past two terms, stocks have performed well. During Donald Trump's presidency

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Oct 08 2024BUSINESS

Pepsi's Challenges: Lower Profits and New Predictions

PepsiCo has adjusted its expectations for 2024, forecasting a smaller increase in organic revenue due to several issues. Problems like recalled Quaker Foods products, reduced U.S. demand, and international business disruptions have led to weaker-than-expected sales. Pepsi now expects a low-single-di

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Sep 06 2024BUSINESS

Trump Media Empire Takes a Tumble: Can Truth Social Regain Its Footing?

Donald Trump's foray into the social media world has been anything but smooth sailing. After his personal fortune in Trump Media & Technology Group (TMTG) soared to over $6 billion when shares made their public debut, it has now taken a nosedive, falling more than 70% from its peak and reducing Tru

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