Author: autoblog
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GameStop drops nearly 11% despite initiating bitcoin buying plan with $500 million purchase
The purchase, GameStop’s first investment in bitcoin, was worth $512.6 million with bitcoin’s price of $108,837 Wednesday.
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Goldman-backed Starling Bank reports 26% profit drop as it flags Covid loan fraud issue
British neobank Starling posted an annual profit before tax of £223.4 million, down nearly 26% year-on-year.
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Fewer international tourists are visiting the U.S. — economic losses could be ‘staggering,’ researchers estimate
International tourists are rethinking the U.S. as a travel destination amid tensions tied to trade and border policy.
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European businesses have never been this gloomy about China
An annual survey of European companies in China found record lows across several metrics due to slower growth and geopolitical worries.
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The West is recycling rare earths to escape China’s grip — but it’s not enough
China is tightening its grip on the global supply of key minerals that are needed in every car, particularly electric vehicle motors.
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Stocks making the biggest moves midday: Trump Media, Salesforce, Tesla, AMC Entertainment and more
These are the stocks posting the largest moves in midday trading.
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JPMorgan Chase is heading upmarket to woo America’s millionaires
The new locations, dubbed J.P. Morgan Financial Centers, have a feel and earth-tone color palette that sets them apart from the nearly 5,000 Chase branches.
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Stocks making the biggest moves premarket: Tesla, Informatica, Newmont, CoreWeave and more
These are the stocks posting the largest moves in premarket trading.
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Xiaomi takes aim at Tesla’s bestselling car in China with its longer-range YU7
Xiaomi late on Thursday revealed its YU7 SUV and claimed it would have a driving range of at least 760 kilometers (472 miles) on a single charge.
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AI drives growth for a few Chinese companies. Analysts share their picks
Spending on artificial intelligence helped give some Chinese tech companies a boost in the first quarter, despite economic headwinds.