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Wall Street mixed as megacap tech stocks fall; banks gain

By Lisa Pauline Mattackal and Purvi Agarwal (Reuters) -The Dow regained some lost ground on Wednesday although the S&P 500 and the…
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Abbott bumps up profit forecast on strong medical device sales

(Reuters) -Abbott Laboratories slightly lifted its annual profit forecast on Wednesday, after beating Wall Street estimates for quarterly earnings on strong demand…
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European tech, luxury stocks tumble as ASML, LVMH results disappoint

By Paolo Laudani and Ankika Biswas (Reuters) – Europe’s tech and luxury stocks slumped on Wednesday after disappointing results from industry heavyweights…
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Musk’s SpaceX sues California panel, alleges political bias over rocket launches

By Mike Scarcella WASHINGTON (Reuters) -Billionaire Elon Musk’s SpaceX has sued a California commission in federal court, accusing panel members of political…
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Coinbase stock volatility to rise in coming months, Citi warns

Investing.com — Citi analysts cautioned in a note Wednesday that Coinbase (NASDAQ:COIN) stock may experience heightened volatility in the coming weeks, driven by…
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General Motors to contribute $625 million to new JV with Lithium Americas

(Reuters) -Canadian miner Lithium Americas (NYSE:LAC) said on Wednesday General Motors (NYSE:GM) will contribute $625 million to their new joint venture for…
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Stellantis recalls 54,000 hybrid SUVs worldwide over brake pedal defect

WASHINGTON (Reuters) – Carmaker Stellantis (NYSE:STLA) said on Wednesday it is recalling 54,000 hybrid crossover SUVs worldwide because the brake pedal in…
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U.K. stocks higher at close of trade; Investing.com United Kingdom 100 up 1.00%

Investing.com – U.K. stocks were higher after the close on Wednesday, as gains in the Mining, Household Goods & Home Construction and…
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Klarna agrees to loan portfolio sale deal with Elliott – reports

Investing.com — Payments services operator Klarna is selling most of its UK “buy now, pay later (BNPL)” portfolio to hedge fund Elliott Investment…
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Earnings call: Hancock Whitney reports $116m net income in Q3, NIM expands

Hancock Whitney Corporation (NASDAQ:HWC) reported a net income of $116 million, or $1.33 per share, for the third quarter of 2024, marking…
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