Stock Market
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NtechLab Founders Resign Citing Concerns Over Company Projects in Russia
The co-founders of NtechLab, an artificial intelligence company, have stated that they resigned over disagreements with management and investors regarding…
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Disney’s Unexpected Move in Florida to Bypass DeSantis
Florida Board Considers Legal Action Over Disney’s Limitation of Authority The board overseeing Walt Disney World’s special taxation district in…
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Credit Suisse Found to Have Breached U.S. Tax Evasion Agreement, Senate Committee Reports
The U.S. Senate Finance Committee has found that Credit Suisse violated a 2014 plea deal with U.S. authorities. The Swiss…
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alls to Pause AI Grow Louder as Elon Musk and Others Warn of Societal Risks
A group of artificial intelligence experts and industry executives, including Elon Musk, have called for a six-month pause in the…
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Opening bell on Wall Street sees rise as banking crisis concerns ease
On Wednesday, Wall Street indexes increased due to a decline in worries about stress in the banking sector, and growing…
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Meta, Facebook’s parent company, reportedly planning to reduce bonus payouts for certain employees – WSJ
According to an internal memo cited by the Wall Street Journal, Facebook owner Meta Platforms Inc (NASDAQ:META) is set to…
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Banking sector stabilizes, leading to higher European stock futures
European stock markets are set to open higher on Tuesday as the region’s banking sector stabilizes. The DAX futures contract…
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Australian banks shift focus from global chaos to domestic profits
On Tuesday, Australia’s largest banks reassured investors that the country’s financial sector is unlikely to be affected by the turmoil…
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First Citizens to acquire majority of SVB loans; FDIC predicts $20 billion impact on insurance fund
First Citizens Bank has reached an agreement with the Federal Deposit Insurance Corporation (FDIC) to purchase most of the loan…
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Baidu cancels presentation of ChatGPT competitor, stock prices drop
On Monday, Baidu Inc, a Chinese internet company, canceled a planned livestream for the launch of its AI-driven chatbot, “Ernie…
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