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Oil prices edges lower; China stimulus, Trump repercussions in focusvictory
Oil prices slipped Thursday, continuing the previous session's weakness on the
back of a strong dollar and lower crude imports in China.
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Intel rises as report of chipmaker exploring options cheers glum investors
Intel's shares rose more than 3% in early trading on Friday, as a report of the
struggling chipmaker exploring options that could include a merger or a split
induced some investor enthusiasm after one of the stock's worst slumps in
decades.
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Further pressure on the US dollar is likely: UBS
The US dollar is expected to face increasing downward pressure in the coming
months, despite a recent boost from stronger-than-anticipated economic data.
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Dollar set for winning week ahead of key inflation release
The U.S. dollar edged slightly higher Friday, and was on course to end a
five-week losing streak ahead of the release of key inflation data.
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Meta's Llama business could be worth $10 to $20B+ says Jefferies
Meta Platforms’ (NASDAQ:META) Llama family of AI models could be worth between
$10 and $20 billion, which would represent more than a 1% upside to its current
market capitalization.
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Apple, Nvidia in talks to join OpenAI funding round, media reports say
Apple and chip giant Nvidia (NASDAQ:NVDA) are reportedly in talks to invest in
OpenAI as part of a new fundraising round that could value the ChatGPT maker
above $100 billion, according to media reports on Thursday.
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Oil prices gain on Middle East supply concerns
Oil prices rose on Friday as investors weighed supply concerns in Libya and
Iraq, although signs of weakened demand, particularly in China, limited gains
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