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Guggenheim Securities upgraded Salesforce (CRM) to Buy from Neutral, arguing that AI-driven competitive pressure won’t kill the CRM giant. The stock popped more than 2% in after-hours trading.
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Anthropic is expanding its AI agent Claude Cowork from desktop to mobile and web, with cloud-based sessions that let users pick up tasks across devices. The strategic shift from a coding tool to an all-purpose office assistant comes as the Microsoft-backed startup moves closer to a…
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Samsung’s blowout earnings weren’t enough to satisfy the market, triggering a 7% drop in its stock and a 5% plunge in the Philadelphia Semiconductor Index as investors fret over AI spending.
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Tesla’s Q2 deliveries smashed estimates, but the stock is still getting hammered. Investors are balking at a ~359x P/E and intensifying competition from BYD and others.
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Goldman Sachs (GS) shares edged lower on Monday as the market waits for its Q2 earnings release on July 13. Wall Street expects both revenue and profit to rise year over year.
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Southwest Airlines capitalizes on Spirit Airlines’ bankruptcy to snatch market share, leaving rivals flat-footed. MicroStrategy ticks higher in afternoon trading.
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Coinbase (COIN) dropped 3.36% in Tuesday trading as media outlets tout it as a top 2025 IPO pick, but analysts remain divided on its valuation and growth outlook. Goldman Sachs stayed cautious, declining to name the crypto exchange in its latest undervalued-stock report.
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Samsung’s blowout earnings weren’t enough to satisfy the market, sparking a broad tech sell-off that rippled through global chip stocks. Apple shares held at $312.66 as U.S. markets were closed for the holiday.
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American families are hunting for back-to-school deals weeks earlier than usual, pressured by sticky inflation and high household bills. Meanwhile, retailers are pouring money into AI but may be neglecting critical operational blind spots just ahead of the Golden Quarter.
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A coalition of US states is seeking up to $1.4 trillion in civil penalties from Meta over youth safety claims, with a trial set for August. The company is also under regulatory fire in India over child abuse ads on Instagram.
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Uber hits the brakes on food-delivery expansion in five European countries as it zeroes in on acquiring German giant Delivery Hero. The stock slid 2.7% after the news broke.
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Novartis is paying up to $1.5 billion for Myricx Bio and its next-gen NMTi payload platform, aiming to crack the resistance problem plaguing today’s antibody-drug conjugates.