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Tim Seymour reveals global ‘Mag 7’ for U.S. investors as international markets outperform
With international markets starting to catch up to U.S. stocks, it’s time now for investors to take a look at a global version of the popular “Magnificent 7” portfolio, according to Tim Seymour of Seymour Asset Management, who has been investing internationally for nearly three decades. “Big thematic, secular trends that have been exciting … […]
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This is where JPMorgan sees stock opportunities in Europe over the next year
The first five months of 2025 have thrown some curveballs into European markets — led by a more extreme and volatile U.S. tariff policy than most had anticipated, with the European Union now seeking to stave off a threatened 50% base rate . Familiar themes have continued to play out with new dimensions. Inflation across […]
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Databricks is buying database startup Neon for about $1 billion
Databricks co-founder and CEO Ali Ghodsi. Databricks Data analytics startup Databricks said Wednesday that it’s buying Neon, a cloud-based database software vendor, for about $1 billion. It’s the latest big deal for Databricks, which bought artificial intelligence model training startup MosaicML for $1.3 billion in 2023 and paid over $1 billion last year for data […]
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Stocks making the biggest moves midday: Duolingo, Tesla, Boeing, Gildan Activewear and more
Check out the companies making headlines in midday trading: Duolingo — Shares surged more than 9% following Morgan Stanley’s initiation of the language learning platform at overweight. The bank set a Wall Street-high price target on Duolingo shares and called the stock a “best-in-class consumer internet asset.” Tesla — Shares of the electric vehicle maker […]
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Stocks making the biggest moves premarket: Boeing, Tesla, BP, Eli Lilly and more
Check out the companies making headlines before the bell. Boeing – The aerospace stock rose more than 5% after the company reported a narrower loss for the first quarter . Boeing said it had a net loss of $31 million in the first quarter, improving on the $355 million loss in the same period last […]
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Stocks making the biggest moves after hours: Tesla, Enphase Energy, Oklo, Bristol Myers Squibb and more
Check out the companies making headlines in extended trading: Tesla — Shares were marginally lower in extended trading after first-quarter results missed analysts’ estimates on the top and bottom lines. The electric vehicle company earned an adjusted 27 cents per share on revenue of $19.34 billion, while analysts polled by LSEG were looking for 39 […]
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Novo Nordisk expands discounted Wegovy to all cash-paying U.S. customers
Jakub Porzycki | Nurphoto | Getty Images Novo Nordisk said on Monday all eligible cash-paying customers in the United States can buy its weight-loss drug Wegovy at a discounted price of $499 per month at their local pharmacy. U.S.-listed shares of Novo fell more than 2.5% to $74.92 in premarket trading. Novo has also lost its spot […]
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Software giant SAP upgrades outlook as CFO says DeepSeek is ‘good news’
German tech giant SAP on Tuesday upgraded its financial outlook for the full year as artificial cloud computing and artificial intelligence operations fueled growth. Europe’s largest software maker now expects operating profit on a constant currency basis in 2025 to be between 10.3 billion euros ($10.7 billion) to 10.6 billion euros, up from a previous […]
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Europe stocks higher; tech makes cautious rebound after global rout fueled by China AI concerns
French consumer confidence recovers in January French consumer confidence rose by 3 points month-on-month to 92 in January, its highest level since February 2022, according to the national statistics bureau. The monthly consumer confidence survey signaled strengthening household confidence in the French economy, but the numbers are still below the long-term average of 100 points. […]
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Intel to spin off venture capital arm as chipmaker continues to restructure
Intel said Tuesday that it plans to spin off Intel Capital, its venture capital wing, into an independent firm, the latest in a series of structural changes announced by the chipmaker. Turning Intel Capital, which has $5 billion in assets, into a standalone fund will allow it to raise money from outside investors, Intel said. […]
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