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Why Did Nokia Stock Soar This Week?
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Bitcoin reaches new all-time high of $65,000 as institutional interest grows. This milestone comes as more companies like Tesla and PayPal embrace the cryptocurrency. Market analysts predict continued growth in the coming months. Ethereum also sees a surge in price, hitting $2,500 for the first time.
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1. Apple announces new product lineup including iPhone 13 with improved camera features and iPad Mini with 5G capabilities. Sales expected to boost company revenue by 15%.
2. Tesla shares surge 10% after company reports record-breaking delivery numbers for Q3, exceeding analyst expectations. Stock price hits all-time high of $800 per share.
3. Federal Reserve announces plans to gradually taper bond-buying program in efforts to combat inflation. Interest rates to remain unchanged for now, but future hikes may be on the horizon.
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BTIG Maintains Strategy (MSTR) Buy Recommendation
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Summary:
Company X reported a 6% growth in profits with an operating ratio of 61.4%, representing a 170 basis point improvement. They also bought back nearly 8 million shares for around $1 billion CAD. Additionally, they increased productivity and reduced labor costs by $75 million CAD. Anticipated capital expenditures for 2026 are estimated at $2.8 billion CAD.
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1. The stock market experienced a significant drop today, with the Dow Jones Industrial Average falling by over 500 points due to concerns about inflation and rising interest rates.
2. Tesla announced plans to open a new gigafactory in Texas, which is expected to create thousands of jobs and boost the local economy.
3. The Federal Reserve decided to keep interest rates unchanged, citing the need for further economic recovery before considering any rate hikes.
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GlobeNewswire
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2. According to GlobeNewswire, the unemployment rate in the United States has fallen to 5.2% in August. This marks a decrease from the previous month and shows positive signs for the economy.
3. GlobeNewswire reveals that Tesla Inc. has reached a market capitalization of over $1 trillion. This milestone makes Tesla the fifth company in the world to achieve a trillion-dollar valuation.
4. GlobeNewswire discloses that Pfizer Inc. has received full approval from the FDA for its COVID-19 vaccine. The approval is expected to boost confidence in the vaccine and increase vaccination rates.
5. GlobeNewswire reports that Amazon.com Inc. is planning to hire 55,000 new employees globally. The company aims to expand its workforce in order to meet growing demand and improve delivery times.
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CNBC
1. The Federal Reserve announced a quarter-point interest rate hike, signaling confidence in the economy's strength.
2. Tech giant Apple unveiled its new 5G iPhone, boasting faster speeds and improved camera capabilities.
3. The U.S. economy added a lower-than-expected 210,000 jobs in September, raising concerns about the labor market's recovery.
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Meta's Spending Looks Alarming, Until You See What's Behind It
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DXS International plc ((AQSE: DXSP)
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EUR 217 million net income in
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NVIDIA and SK Group Build AI Factory to Drive Korea’s Manufacturing and Digital Transformation
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Major Nordic Bank Will Allow Customers to Access Bitcoin ETP
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