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...Asked if the Microsoft deal was a prize for cutting ties with China, G42’s chief executive Peng Xiao said: “I would focus on our decision to form this partnership with Microsoft to really develop our capabilities...
...Terence Lee, a visiting associate professor at the S Rajaratnam School of International Studies, said senior officials were increasingly disgruntled, opening up the possibility of leadership change in the...
...The jolt from its earnings also touched off a wider stock market rally, pushing the S&P 500 index above 5,000 to a new record high....
...S&P Global warned in November of a “poverty trap” in low-income countries hit by climate change....
...US blue-chips ended their best quarter in five years, with the S&P 500 squeezing out a 0.1 per cent gain even as big tech names including Apple, Tesla and Meta dragged the Nasdaq Composite to a similar-sized...
...US chipmaker Broadcom kept in place its guidance for fiscal 2024 at a time when high demand for artificial intelligence semiconductors has raised investors’ expectations for the sector....
...It posted $5.8bn in revenue, beating consensus estimates of $5.3bn, according to S&P Capital IQ....
...Broadcom on Thursday issued guidance for $50bn of revenue in its fiscal year, unchanged from three months ago and still shy of consensus estimates of $52bn, according to S&P Capital IQ....
...The company’s revenue of $824mn was up 14 per cent year on year, above consensus estimates of $762.99mn, according to S&P Capital IQ....
...That breaks a four-quarter streak of declining revenue....
...Net income jumped 201 per cent to $14bn, beating consensus estimates of $13bn compiled by S&P Capital IQ....
...A blowout quarter was poised to end with a whimper on Thursday as investors chose to hold off bets ahead of fresh inflation figures and comments from Fed chair Jay Powell....
...Wall Street stocks continued their ascent on Tuesday, with the S&P 500 adding 0.5 per cent — edging closer to a record high....
...s=46&t=wDotsHMe9yA3sBc7yZvolA Litvin used the website Arcads — which uses HeyGen’s technology — to create a naturalistic video of a dark-haired woman with a nose ring, evangelising her “hygiene hack” for...
...University California, San Diego, for example, returned a leading 11 per cent in fiscal 2023 by virtue of its nearly one-third allocation to the S&P 500....
...Tuesday’s share price drop extended the plunge in the Austin-based carmaker’s stock this year to 33 per cent, making it one of the worst performers in the S&P 500 with a trajectory that continues to diverge...
...The slowdown has sent Tesla’s shares down 31 per cent this year, making it the second-worst performer on the S&P 500....
...Intel said it was “disappointed” with the decision and “intend[s] to appeal”. HP did not immediately respond to a request for comment and Dell declined to comment....
...Current consensus revenue estimates stand at $1.12bn, according to S&P Capital IQ....
...Khosrowshahi was hired in 2017 from Expedia, where he was once the best-paid chief executive in the S&P 500....
...“It is a coming of age,” said Howard Silverblatt, senior index analyst at S&P, of the dividend announcement....
...We saw a pretty big dip in US Treasury yields yesterday, especially the yield on 10-year bonds, which hit a three-month low. And equities, well, the S&P 500 ended the day up nearly 2 per cent....
...Fernando Fernández, Unilever’s new chief financial officer, said that the group was implementing a “comprehensive technology programme” as part of the cost savings and that AI would play a role....
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