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The presidents remarks come as global oil prices have fallen but remain higher than before teh Iran war. Source link
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What happened: Alphabet (GOOGL, GOOG) shares were up less than 1% in after-hours trading on Tuesday. What’s behind the move: The tech giant will join the Dow Jones Industrial Average (DJI) on June 29, replacing Verizon Communications (VZ) in a move aimed at better reflecting growing areas of the US economy. Alphabet’s inclusion will “broaden…
The logo of the software and hardware manufacturer Oracle can be seen at the German headquarters. Picture Alliance | Picture Alliance | Getty Images Oracle shed 21,000 jobs, almost 13% of its workforce, in the past year, as tech giants carry out sweeping layoffs as a result of AI. The company’s total workforce stands at…
Tulane University is taking over the long-stalled effort to turn the former Charity Hospital in downtown New Orleans into a hub of education, medical research and apartments, university officials said Tuesday, a key milestone in an ambitious redevelopment project that has bedeviled city leaders for nearly two decades. Under an agreement Tulane reached earlier this month…
Delta Air Lines CEO Ed Bastian joins ‘Mornings with Maria’ to discuss the impact of rising fuel costs, resilient travel demand and the airline’s international expansion plans. As American travelers feel the pinch of inflation and elevated airline costs, Delta Air Lines CEO Ed Bastian revealed exactly what it will take for ticket prices to…
Crucially, the law also extends to any US contractor that shares a lobbyist or law firm with a blacklisted entity. In Alibaba’s case, the company argues that this restriction creates a functional blockade, forcing its long-term American advisers to sever ties to protect their own lucrative defence contracts. Source link
What happened: Nvidia (NVDA), Micron Technology (MU), and AMD (AMD) led a tech sector sell-off on Tuesday. What’s behind the move: Investors shifted to risk-off mode, selling this year’s market leaders after a hawkish Federal Reserve signaled last week that inflation remains too high. The overall Technology sector (XLK) led the declines, dragging the Nasdaq…
Andrew Feldman, co-founder and CEO of Cerebras Systems, holds the Wafer Scale Engine 3 chip at the Nasdaq MarketSite in New York on May 14, 2026. Michael Nagle | Bloomberg | Getty Images Cerebras said revenue almost doubled in the AI chipmaker’s first earnings report since its initial public offering last month. The stock fell…
