Trussonomics? What to enjoy as the new United kingdom key minister battles numerous crises

Trussonomics? What to enjoy as the new United kingdom key minister battles numerous crises


Essential Factors
  • Past 7 days, Truss declared an unexpected emergency fiscal offer involving the capping of annual home strength expenditures at £2,500 (£2,891) for the following two years.
  • Although aspects are set to be introduced later this thirty day period, the governing administration is expected to fund the distinction arising from the cost cap via borrowing, rather than a windfall tax on power firms proposed by opposition get-togethers.



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Michael Saylor downplays Strategy credit risk as bitcoin tumbles: ‘We’ll refinance the debt’
Finance

Michael Saylor downplays Strategy credit risk as bitcoin tumbles: ‘We’ll refinance the debt’

Key Points If bitcoin continues to fall, Strategy plans to just refinance its debt, claims CEO Michael Saylor. Saylor refuted the idea that Strategy would sell any of its digital asset holdings: “I expect we’ll be buying bitcoin every quarter forever,” he said. Strategy holds 714,644 bitcoins, making it the largest corporate owner of the […]

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Stocks making the biggest moves premarket: Coca-Cola, CVS Health, Ferrari, Taiwan Semi and more
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Stocks making the biggest moves premarket: Coca-Cola, CVS Health, Ferrari, Taiwan Semi and more

Check out the companies making headlines before the bell. Taiwan Semiconductor Manufacturing — The semiconductor foundry’s stock rose 3% after the firm posted its highest monthly revenue ever. Its January revenue soared to $401.3 billion New Taiwan dollars, up 37% from the same quarter a year ago, the firm said Tuesday in a statement. Dupont […]

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Stocks making the biggest moves after hours: ON Semiconductor, Upwork, Chegg and more
Finance

Stocks making the biggest moves after hours: ON Semiconductor, Upwork, Chegg and more

Check out the companies making headlines after hours. ON Semiconductor — The semiconductor supplier dropped nearly 6% after posting fourth-quarter revenue of $1.53 billion, missing the LSEG consensus estimate of $1.54 billion. On the other hand, earnings of 64 cents per share, on an adjusted basis, topped the forecasted 62 cents per share. Upwork — […]

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