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...past 12 months....
...The US is suing Apple for allegedly using its power in the smartphone sector to quash competition from rivals and limit consumer choice, in the latest broadside against the dominant Big Tech companies from...
...Over the past 12 months, the KBW bank index has gained more than 20 per cent, compared with the 6 per cent increase for the regional banking index. The gap will persist. pan.yuk@ft.com...
...Among big US carriers, it appears to be the least affected by Boeing’s production and delivery issues. The Atlanta-based airline does not operate any Boeing 737 Max jets....
...12 conferences that aren’t selected for the knockout round....
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...Sales of higher-margin discretionary items like home decor were down 12 per cent....
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...They want Rachel Reeves or Wes Streeting or someone who’ll be big in the Labour government. Or Angela Rayner, perhaps. The CEOs have some weird kind of fascination with her. It’s not entirely healthy....
...The start of the year, when companies set out their plans for the next 12 months, is often a period of disproportionate job cuts, said Keum....
...Tesla is the worst-performing stock this year among the “Magnificent Seven” big tech companies, which also include Apple, Microsoft, Alphabet, Amazon, Nvidia and Meta....
...conference in Florida....
...BlackRock said the $12.5bn purchase of Global Infrastructure Partners, announced in January, is on track to close in the third quarter, subject to regulatory approvals and funded by $3bn in newly issued...
...SRS, which counts professional roofers, landscapers and pool contractors as its primary customers, reported a 12 per cent increase in sales to $9.8bn last year....
...It also comes at a good time just as Tencent looks for its next big hit, after reporting weaker than expected revenue growth in the fourth quarter, when its gaming sales disappointed....
...the pension plans of public employees — has already scored wins this proxy season at two big Wall Street banks....
...The Mag 7 value trade Market pundits often talk about the Magnificent Seven big tech stocks as a homogeneous entity. This is a mistake....
...“Investors will all be focused on Microsoft earnings in the last week of January, because that is a sneak preview of what’s coming for the rest of software and chips over the next 12 to 18 months,” said...
...And in other news, I have a report from the big National Retail Federation conference last week, including an interview with the chief executive of NCR Voyix, a technology services provider for stores....
...Nike, with shares down 20 per cent in the past 12 months, is still taking strides to get its innovation mojo back....
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