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...The rally has sent Amazon’s share price up to close to its all-time high, and pushed the company’s market capitalisation to $1.75tn. Amazon declined to comment....
...Strong growth is expected over the next couple of years in animal food, accessories and healthcare, he said, with an increased number of younger first-time owners making this one of the fastest-growing consumer...
...All sectors but healthcare and utilities — typically regarded as defensive plays — gained, while financials and consumer cyclicals were the best performers....
...Within a decade, Morgan Stanley had spun off Discover as a standalone consumer enterprise, acknowledging the benefits of the combination were not there....
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...“And [they are] emblematic of what the DMA is supposed to deliver when it comes to choice for consumers.”...
...He owns 1.83 per cent of the company, according to FactSet data....
...Retailers lagged behind the broader Stoxx Europe 600 at the beginning of 2024, as market gains were driven by large healthcare and technology companies, but the sector began to rise in mid-February....
...Entain shares climbed 1.1 per cent in early afternoon trading on Wednesday....
...Inflection had raised $1.3bn in June, valuing the group at about $4bn, in one of the largest fundraisings by an AI start-up amid an explosion of interest in the sector....
...Google is releasing Gemini, its latest generative artificial intelligence system, alongside new offerings for businesses and consumers, as the tech giant races Microsoft and OpenAI to commercialise the cutting-edge...
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...Hong Kong-based activist fund Oasis Management has bought a 9.6 per cent stake in the company, which has a market value of $1.2bn....
...Despite higher advertising and marketing spending, the number of active customers at Chewy fell 1.3 per cent year on year during the third quarter....
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