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Xiaomi Reports Strong Q2 Results

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  • Post last modified:August 29, 2023

Xiaomi, the Chinese tech giant, announced its second-quarter results on Tuesday, showcasing impressive growth and surpassing analysts' expectations. Here are the key highlights from the report: Net Profit Surpasses Estimates…

Nvidia’s Stock Buyback Plan

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  • Post last modified:August 28, 2023

Nvidia, the prominent chip maker, made waves by announcing its intention to repurchase $25 billion worth of stock following their impressive earnings results. It appears that Nvidia's goal is well…

Cleveland-Cliffs Closer to Acquiring United States Steel

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  • Post last modified:August 26, 2023

Cleveland-Cliffs is making steady progress towards its goal of acquiring United States Steel (ticker: X), positioning itself at the forefront of the domestic steel industry. During the past week, Esmark,…

POSM Plant Restart in September

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  • Post last modified:August 26, 2023

According to market sources, LyondellBasell and Covestro are set to restart their jointly owned propylene oxide styrene monomer (POSM) plant in Maasvlakte, the Netherlands, in the second half of September.…

Growth in Services Activity in Middle of U.S.

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  • Post last modified:August 26, 2023

According to a recent survey by the Federal Reserve Bank of Kansas City, services activity in the middle of the U.S. remained relatively steady in August. While the composite index…

Concerns About the Future of the Economy

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  • Post last modified:August 25, 2023

A recent survey of consumer sentiment reveals that Americans are expressing more concerns about the future of the economy, despite the sentiment hanging close to a two-year high in August.…

Workday Reports Strong Quarterly Results and Raises Outlook

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  • Post last modified:August 25, 2023

Workday, the human-resources software provider, has announced its solid quarterly results and an optimistic outlook for the future. Analysts have responded by increasing their stock price targets, citing strong demand…

YTL Power International Bhd. Shares Surge on Strong Q4 Earnings

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  • Post last modified:August 25, 2023

YTL Power International Bhd. shares experienced a significant boost in early Friday trading, driven by optimism surrounding the company's outlook following the release of impressive fiscal fourth-quarter earnings. Strong Financial…

Producers of Metals and Raw Materials Face Challenges

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  • Post last modified:August 25, 2023

Gold futures experienced a decline following a four-day winning streak, as traders eagerly await a speech on Friday from Federal Reserve Chairman Jerome Powell. This anticipated speech has left many…

Canadian Bank Earnings Drive Market Movement

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  • Post last modified:August 25, 2023

Canadian bank third-quarter earnings have been in focus as the Toronto stock market experienced modest declines today. Royal Bank of Canada (RBC) exceeded expectations, while Toronto-Dominion Bank (TD Bank) missed.…