Tesla’s sales showed signs of recovery in parts of Europe during September, with gains in France, Denmark, Norway, and Spain, but continued weakness in Sweden underscored the US electric-vehicle maker’s…
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From GE to Kraft Heinz to Corteva: why more US giants are choosing spin-offs
by adminby adminUS conglomerates are increasingly breaking up into focused, independent companies as spin-offs gain traction as a strategy to unlock shareholder value, sharpen management focus, and respond to market demands. Corteva…
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Business
Trump says U.S. will impose new tariffs on heavy trucks, drugs and kitchen cabinets
by adminby adminPresident Donald Trump on Thursday announced a new round of punishing tariffs, saying the United States will impose a 100% tariff on imported branded drugs, 25% tariff on imports of…
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Nvidia, AMD to see massive surge? Citigroup forecasts trillion-dollar AI boom
by adminby adminNvidia and AMD look set to ride a huge wave of growth as AI spending is expected to explode in the coming years. Citigroup just put a number on it…
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The Neos S&P 500(R) High Income ETF (SPYI) stock price has done well this year and is now hovering at its record high. In addition, the fund has an 11%…
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Covered call ETFs have become highly popular among income investors in the past few years because of their high distribution rate. The JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) is…
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Stock
MoonLake shares crash 88% after mixed trial results raise doubts over skin drug
by adminby adminShares of Swiss biotech MoonLake Immunotherapeutics tumbled 88% to $7.45 in premarket trading on Monday after the company reported mixed outcomes from two late-stage trials of its experimental skin drug,…
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Business
Former Fed chairs warn that removing Lisa Cook could lead to inflation boom
by adminby adminA group of the country’s top economic leaders, including every living former Federal Reserve chair, filed an amicus brief with the Supreme Court on Thursday in support of Fed governor…