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Trump Cheers Historic Dow Surge Past 50,000
President Donald Trump celebrated Friday after the Dow Jones Industrial Average surged past 50,000 for the first time ever.
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BMO Capital Sets S&P 500 Year-End Target at 7,380
BMO Capital Markets initiated its S&P 500 2026 year-end target at 7,380 Friday, citing global monetary and fiscal stimulus that should be supportive for equity prices.
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Goldman Sachs, Anthropic Team Up to Automate Banking
Goldman Sachs is working with technology startup Anthropic to develop AI-powered agents aimed at automating a widening range of internal functions, CNBC reported Friday, citing the bank's chief information officer.
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Wall Street Bounces Back as Tech Stocks Recover
Technology stocks are recovering some of their losses Friday, and bitcoin has halted its plunge, as Wall Street bounces back from big losses taken earlier in the week, at least for now.
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Global Chip Sales Expected to Hit $1 Trillion in 2026
Global semiconductor sales are expected to hit $1 trillion this year, the Semiconductor Industry Association said Friday.
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Gold Gains as Safe-Haven as Equities Fall, US-Iran Tensions Linger
Gold prices gained Friday, rebounding from a sharp selloff in the previous session, as global equities fell and U.S.-Iran tensions lingered, while the CME Group raised margins on precious metals to counter risk.
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Pricier iPhones Likely Amid Global Chip Crunch
As the global memory chip shortage hits the smartphone market, a key question is echoing from Silicon Valley to Shenzhen: Will Apple raise prices, or sacrifice profit to gain new customers
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Novo Nordisk Threatens Suit Over Hims Diet Pill
Telehealth company Hims & Hers said Thursday it will launch a cheaper, off-brand version of the weight-loss pill Wegovy, just weeks after drugmaker Novo Nordisk launched its highly anticipated reformulation of the blockbuster medication. The announcement from Hims is the...
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Global Stocks Reel as AI Fears Dominate Market Action
Global markets retreated Friday as a stock rout on Wall Street went global, with volatility gripping precious metals and cryptocurrencies while AI fears weighed on equities.
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Trump Accounts Get Super Bowl Ad Boost as Tax Season Opens
A 30-second ad promoting new "Trump accounts" for children is set to run around Sunday's Super Bowl pregame broadcast, as the Trump administration and allies press families to open the accounts during the opening weeks of the 2026 tax filing season.
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Amazon Projects $200B in Capital Spending This Year
Amazon.com Thursday projected a jump of more than 50% in capital expenditures this year, joining its Big Tech peers in adding new expenses as they race to build out artificial-intelligence infrastructure.
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Pizza Hut Closing 250 US Stores as Owner Weighs Sale
Pizza Hut plans to close 250 U.S. restaurants in the first half of this year as its parent company considers a sale of the chain.
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Bitcoin Drops Under $70K, Erasing Post-Election Gains
Bitcoin slid below $70,000 for the first time since November, extending a sharp selloff driven by forced liquidations, fading risk appetite and mounting redemptions from crypto-linked investment products, Bloomberg reports.
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Google Q4: Internet Giant Grows Stronger in AI Era
Google's latest quarterly report provided further evidence that its internet empire is withstanding an artificial intelligence shakeup that's turning into another potential boon for the company.
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Amazon Deepens Grocery Showdown With Walmart
Amazon was once the upstart running ahead of Walmart with its revolutionary e-commerce business.
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Walmart Reaches $1 Trillion Market Capitalization
Walmart has crossed the $1 trillion market-cap milestone, placing the world's largest retailer among a small group of U.S. companies whose valuations have reached that level - a list largely dominated by technology giants, The Financial Times reports.
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Why Aaron DeHoog's 'Called to Prosperity' Is Resonating With Christians Seeking Financial Purpose
At a time when inflation, market volatility, and financial anxiety dominate headlines, financial author and Christian educator Aaron DeHoog is stepping into the national conversation with a bold message for believers.
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Space Stocks Rise After SpaceX-xAI Merge at $1.25T Valuation
U.S. space stocks rose Tuesday after Elon Musk announced the merger of SpaceX and xAI in a deal that valued the combined entity at $1.25 trillion, a major push to expand artificial intelligence infrastructure outside Earth.Musk estimates that within two to three years, the...
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Gold Set for Biggest Daily Gain Since 2008 as Investors Rush Back In
Gold and silver prices rose sharply Tuesday, with bullion set for its biggest daily rise since November 2008, as investors snapped up the metals following their steepest two-day slump in decades.
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Disney Taps Parks Head Josh D'Amaro as CEO
Walt Disney Tuesday named theme parks head Josh D'Amaro as CEO, ending years of succession uncertainty and placing a longtime insider at the helm as artificial intelligence and a wave of consolidation upend the media industry.
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Musk Merges xAI, SpaceX to Power Space Data Centers
Elon Musk has announced that his rocket company SpaceX will take over his artificial intelligence outfit xAI, as he seeks to raise billions of dollars for his science fiction-worthy outer space projects.
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Elon Musk's SpaceX, xAI to Unite Ahead of Mega IPO
Elon Musk is moving to unite SpaceX and artificial intelligence startup xAI in a sweeping merger that would fuse his ambitions in space and AI under one corporate roof, Bloomberg reports.
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Palantir Defends Surveillance Tech as Contracts Jump
Palantir Technologies CEO Alex Karp defended the firm's surveillance technology as it reported a big jump in sales Monday, saying it has safeguards to prevent government overreach, without mentioning U.S. immigration enforcement efforts in Minnesota that have drawn...
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Crypto Volatility Triggers $2.5B in Bitcoin Liquidations
Bitcoin investors liquidated $2.56 billion in recent days, according to data provider CoinGlass, as cryptocurrencies slumped following a sell-off in other risk assets, including equities and precious metals.
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Trump Accounts Will Revive the American Dream
President Trump recently brought our attention to an innovative initiative stemming from the Big Beautiful Bill passed last July: the establishment of Trump Accounts.