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Fermi stock drops sharply after CEO and CFO departuresU.S. power startup Fermi's shares plummeted 23% after CEO Toby Neugebauer and CFO Miles Everson abruptly departed. Short seller Fuzzy Panda...- Anthropic's new AI tools deepen selloff in data analytics and software stocks, investors sayToronto-based Thomson Reuters, which owns the Westlaw legal database, slumped by nearly 18%. It is on track for its biggest daily loss on r...
- Stocks end higher, dollar set for second straight weekly loss as investors eye Fed cutGlobal shares advanced Friday as U.S. economic data reinforced expectations of a Federal Reserve rate cut next week, weakening the dollar a...
- Dollar slides with investor confidence shaken in safety of US assetsThe dollar faced a decline against major currencies amidst trade war worries. Investor confidence in the greenback weakened. China retaliat...
- Dollar weakens against peers on trade disputes, China's offshore yuan hits record lowAmid escalating trade tensions sparked by President Trump's tariffs, the U.S. dollar weakened against major currencies, while China's offsh...
- Dollar slips in choppy trading as traders grapple with Fed's giant rate cutThe U.S. dollar experienced volatility after the Federal Reserve's unexpected 50 basis point interest rate cut, signaling a shift to an eas...
- US dollar drops to near 9-month low versus yen amid talk of larger Fed rate cutThe U.S. dollar dropped to its lowest level in nearly nine months against the Japanese yen amid speculation of a potential 50-basis-point i...
- Trump Media shares fall after Donald Trump's hush money convictionShares of Trump Media & Technology Group dropped 6.5% after a New York jury convicted former President Donald Trump for falsifying document...
- S&P 500 ends higher as markets weigh rising yields, upbeat corporate resultsTesla jumped 12% after the electric vehicle maker's plans to boost production and roll out more affordable models overshadowed its weak qua...
- Bitcoin rises above $42,000 for first time since April 2022The world's biggest cryptocurrency rose as high as $42,162 on Monday, its highest since April 2022, seemingly casting off the funk that had...
- Chinese small-cap stocks surge in meme-like rallyShares in small and micro-cap Chinese firms that are listed in the US soared on Friday, echoing rallies of last summer fuelled by individua...
- Banking turmoil takes the leveraged out of the buyoutFour acquisitions of companies by private equity firms that were announced in the last two weeks were funded by debt that accounted for bet...
- Blackstone's $69 bln REIT curbs redemptions in blow to property empireBlackstone's $69 bln REIT curbs redemptions in blow to property empire. The curbs came because redemptions hit pre-set limits, rather than ...
- KKR partners with Crossover Energy to develop clean energy projectsPrivate equity firms are making a new investment push into clean energy after President Joe Biden's administration recommitted the United S...
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