Day: August 24, 2022
Asia-Pacific shares established for larger open up in advance of Jackson Gap, Financial institution of Korea amount determination
The Tokyo Stock Trade (TSE), operated by Japan Trade Team Inc. (JPX), in Tokyo, Japan, on Monday, Nov. 30, 2020. Toru Hanai | Bloomberg by way of Getty Images Futures in the Asia-Pacific were being pointing to a higher open up for markets in advance of the Jackson Hole symposium kicking off stateside. Japan’s Nikkei […]
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Oil and gas powerhouse Norway to invest in Indian solar project, sees country as priority market
India is targeting a major ramp up of its renewable energy capacity, but achieving its aims represents a big challenge. Puneet Vikram Singh | Moment | Getty Images Norway’s Climate Investment Fund and the country’s biggest pension company, KLP, are set to invest in a 420-megawatt solar power project being developed in Rajasthan, India. The […]
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Cramer’s lightning round: There’s really no reason to recommend Snap here
Rhythm Pharmaceuticals: “Very interesting company. Does weight loss, but I’ve got a company that does weight loss and a lot of other things and it’s called Eli Lilly. It is owned by my Charitable Trust, and we talk about it a lot with the Investing Club.” Snap: “I have no reason to buy Snap — […]
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‘Aquaman,’ ‘Shazam’ sequels postponed amid Warner Bros. Discovery slate shuffle
Aquaman Source: Warner Bros. | DC Comics The release dates for the sequels to “Aquaman” and “Shazam” are being shuffled, as Warner Bros. Discovery seeks to cut costs following its pricey merger. “Shazam! Fury of the Gods,” which was slated for Dec. 21, has been pushed to March 17, 2023. “Aquaman and the Lost Kingdom,” […]
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Jim Cramer expects the June market lows to hold and mark the bottom
CNBC’s Jim Cramer said Wednesday he believes the bear market bottom is in, suggesting Wall Street’s June lows will prove to be durable floor for stocks. The S&P 500’s closing low this year came on June 16 at 3,666.77, at which point the broad U.S. stock index was down roughly 24% from its all-time highs. […]
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More than two years after his rape conviction, Harvey Weinstein is granted an appeal
Harvey Weinstein walks away from the court room with his lawyer Benjamin Brafman at the New York State Supreme Court on October 11, 2018 in New York City. Stephanie Keith | Getty Images Once powerful Hollywood mogul Harvey Weinstein was granted an appeal Wednesday, more than two years after he was convicted of third-degree rape […]
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Amazon is shutting down its telehealth service, Amazon Care
Amazon is shutting down its telehealth service, Amazon Care, marking a major retreat by the retail behemoth in its efforts to break into the health care space. Amazon will shutter the service after December 31, Amazon Health Services lead Neil Lindsay announced Wednesday in a company email. The company decided to end Amazon Care after […]
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Nvidia claims gaming market conditions are ‘challenging,’ Q3 forecast misses
Jen-Hsun Huang, president and main government officer of Nvidia Corp., speaks for the duration of the company’s occasion at Cell Planet Congress Americas in Los Angeles on Oct. 21, 2019. Patrick T. Fallon | Bloomberg | Getty Visuals Nvidia documented second quarter earnings that missed Wall Street anticipations for earnings and earnings for each share. […]
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Federal ‘ghost gun’ regulations go into effect after judges reject challenges
AR-15 style rifles are displayed for sale at Firearms Unknown, a gun store in Oceanside, California, U.S., April 12, 2021. Bing Guan | Reuters New Biden administration rules that put homemade firearm kits used to build “ghost guns” in the same legal category as traditional firearms went into effect on Wednesday, after federal judges declined […]
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Snowflake shares soar next income defeat
Frank Slootman, CEO of Snowflake, on the working day of its 2020 IPO, Sept. 16th, 2020. CNBC Shares of the cloud information system company Snowflake popped much more than 17% in prolonged trading on Wednesday after the company launched next-quarter earnings that conquer analysts’ earnings anticipations. Here’s how the company did: EPS: Reduction of 70 […]
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