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Chemours Co. Accounting Issues

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  • Post last modified:February 29, 2024

Shares of Chemours Co. experienced a significant selloff on Thursday as investors were shocked to discover that the accounting problems they were previously informed about were much more severe than…

The Rise of Nvidia

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  • Post last modified:February 29, 2024

Nvidia Day: A Leap Year Celebration? This leap year, it seems only a matter of time before someone suggests renaming Feb. 29 as Nvidia Day. Industry Dominance and Investor Sentiment…

GXO Logistics Makes Bold Move for Wincanton

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  • Post last modified:February 29, 2024

GXO Logistics has made a bold move by offering a substantial 762 million-pound cash offer for Wincanton, triggering a fierce bidding war with CEVA, a subsidiary of CMA CGM. This…

Malaysian Stocks Resilient After Brief Decline

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  • Post last modified:February 29, 2024

Malaysian Stocks Show Resilience Malaysian stocks displayed strength as they bounced back from a one-day decline on Thursday, with the benchmark FTSE Bursa Malaysia KLCI FBMKLCI rising by 0.4% to…

Universal Music Potential TikTok Takedowns

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  • Post last modified:February 29, 2024

During a call with analysts, Universal Music Chairman and CEO Lucian Grange discussed the possibility of taking down music videos from TikTok as a result of a dispute over fees…

Tech Stocks Slip After AI Rally

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  • Post last modified:February 28, 2024

Shares of technology companies took a hit as the AI rally came to a standstill. Despite this, Nvidia shares saw a slight decrease of more than 1%, remaining up by…

Okta Reports Strong Revenue Growth

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  • Post last modified:February 28, 2024

In its most recent quarter, Okta showcased impressive revenue figures thanks to the support of its large customer base. The digital identity verification provider reported a narrowed loss of $44…

U.S. Natural Gas Inventory Update

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  • Post last modified:February 28, 2024

According to a recent survey, U.S. natural gas inventories are likely to have seen another below-average withdrawal last week. The mild temperatures in February have led to an anticipated decrease…

Chinese Regulators to Increase Oversight

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  • Post last modified:February 28, 2024

Chinese regulators have announced plans to enhance oversight of direct market access (DMA), a popular strategy in quantitative trading known for being highly leveraged. This move comes in response to…

Acclaimed Offer by Ageas for Direct Line

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  • Post last modified:February 28, 2024

Direct Line received an overwhelming boost on Wednesday as Belgian insurer Ageas made a remarkable offer to fully acquire the British insurance giant for a staggering £3.1 billion ($3.9 billion).…

Atos Terminates Talks with EP Equity Investments

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  • Post last modified:February 28, 2024

Atos recently announced the abrupt end of discussions with EP Equity Investments, led by Czech billionaire Daniel Kretinsky, regarding the sale of its Tech Foundations business. This decision was reached…