Intel tumbles as chipmaker falls further behind in AI race
By Samrhitha A (Reuters) -Intel slumped more than 12% on Friday following a bleak first-quarter...
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Microsoft hits $3 trillion market value, second to Apple
By Chibuike Oguh NEW YORK (Reuters) – Microsoft’s stock market value crossed the $3 trillion...
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Spirit Airlines looking to refinance its debt, not considering restructuring -source
By Rajesh Kumar Singh (Reuters) -Spirit Airlines is looking at options to refinance its debt...
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Flagging loan margins, one-off charges drag down profit at major US banks
By Michelle Price, Saeed Azhar and Tatiana Bautzer WASHINGTON (Reuters) -Major U.S. banks reported lower...
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US chip stocks tumble after strongest year since 2009
By Noel Randewich (Reuters) – U.S. chip stocks added to a string of losses on...
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Mega-cap companies saw strong gains in 2023 amid tech optimism
(Reuters) – Global mega-cap companies, led by the technology sector, posted solid gains in 2023,...
Wall Street awaits ‘Santa Rally’ with US stocks near records
By Lewis Krauskopf NEW YORK (Reuters) – Wall Street is counting on the so-called Santa...
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Micron shares jump on forecast for quicker recovery in chip demand
(Reuters) -Chipmaker Micron Technology’s shares jumped 7% on Thursday after it predicted a strong recovery...
FedEx tumbles after sober results, broader market slips
By Shivansh Tiwary (Reuters) -Shares of FedEx sank 12% on Wednesday following dismal results and...
Government Debt
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Investors retreated from global bond funds on caution ahead of Fed decision
(Reuters) – Investors pulled back sharply from global bond funds in the seven days through...