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Stocks

Evergrande Losses Sparks Fear of Looming Credit Contagion, Janet Yellen Asks to Raise US Debt Ceiling

Global investors have their eyes peeled on the Evergrande Group or the Evergrande Real Estate Group, China’s second-largest property developer by sales. Evergrande Group...

Microsoft shares edge higher on $60 bln buyback program

Microsoft Corp (MSFT.O) shares rose 1% in early trading on Wednesday after the company announced a $60 billion share repurchase plan, its biggest ever. The announcement comes...

Zoom shares slide 11% as searing growth tapers off

Shares of Zoom (ZM.O) slid more than 11% in premarket trading on Tuesday, after the video conferencing company signaled a faster-than-expected drop in demand and analysts...

NVIDIA Announces Financial Results for Second Quarter Fiscal 2022

Record revenue of $6.51 billion, up 68 percent from a year earlierRecord Gaming revenue of $3.06 billion, up 85 percent from a year earlierRecord...

Nvidia forecast beats expectations, but $40 billion Arm deal talks taking longer than expected

Nvidia Corp (NVDA.O) on Wednesday said that talks with regulators to clear its $40 billion proposed acquisition of British semiconductor technology firm Arm Ltd are taking...

Intel Discloses Holding Coinbase Stake in Filing With SEC

Computer chip manufacturer Intel Corp. has revealed it holds a stake in the leading U.S. cryptocurrency exchange, Coinbase. The tech giant purchased the shares...

Reddit to raise up to $700 million at over $10 billion valuation

Reddit will raise up to $700 million in a late-stage funding led by Fidelity Management and Research Company, the social media network said on...

Apple Reports Third Quarter Results

Revenue up 36 percent to new June quarter record, Services revenue reaches new all-time high Apple today announced financial results for its fiscal 2021...

‘Meme’ stock Robinhood jumps 10% in end to turbulent week

Shares of Robinhood Markets Inc (HOOD.O) rallied 10% on Friday after a roller-coaster week that has made the online brokerage among the hottest of so-called "meme"...

Alibaba misses revenue estimates as e-commerce growth slows

China's Alibaba Group Holding Ltd (9988.HK), missed analyst estimates for first-quarter revenue on Tuesday, as its e-commerce business was hurt by rising competition from smaller...

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