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Business

Intel stock skyrockets 28%, so why are analysts still saying sell?

Intel stock (NASDAQ: INTC) soared as much as 28% in premarket trading on Friday after the chipmaker posted stronger-than-expected first-quarter earnings. The company

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Business

FTSE 100 slips as Iran crisis dampens investor confidence

UK equities moved lower on Friday and were on track for weekly losses, as fading hopes of a swift resolution to the Iran

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Business

Lucid stock just crashed to a record low: will it rebound after earnings?

Lucid Group stock price crashed to a record low this week, continuing a downtrend that has been going on for years. It plunged

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Business

Hormuz traffic slows, but Iran already has 2.5 months of oil supply at sea

Shipping traffic through the Strait of Hormuz has slowed dramatically, with only five vessels, including a single Iranian oil products tanker, passing through

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Business

EU green bond fund aims to mobilise 20 billion euros

The European Union has partnered with financial institutions to launch the Global Green Bond Initiative Fund, aiming to mobilise up to €20 billion

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Business

Dow slips 179 pts as S&P 500, Nasdaq rise on Iran talk hopes

US stocks edged higher on Friday, supported by renewed optimism around potential diplomatic progress between Washington and Tehran, alongside strong momentum in semiconductor

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Business

P&G beats estimates, stock jumps as volume growth returns after a year

Procter & Gamble exceeded analyst expectations for quarterly earnings and revenue, reporting its first volume growth in a year and sending the company’s

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Business

SAP jumps 7% on earnings beat as cloud growth eases AI fears

Shares in SAP rallied on Friday after the German software giant reported better-than-expected first-quarter profit and reaffirmed its long-term cloud outlook. The strong

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Stocks

Derivatives Demand and Supply Crunch Signal Bullish Momentum for Bitcoin

At the same time, spot Bitcoin exchange-traded funds (ETFs) continue to see interest, with $1.9 billion flowing into these financial vehicles over the

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Economy

Elon Musk says Tesla has started producing cybecabs

Tesla Inc. has started manufacturing its long-awaited Cybercab robotaxi, Chief Executive Officer Elon Musk said in a post on social media platform X.

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