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Palantir and Dell Among New Additions to S&P 500
As part of its quarterly rebalancing, S&P 500 is adding data analytics software company Palantir Technologies and personal computer and server maker Dell to...
Discount Retailer Big Lots Plans to File for Bankruptcy, Will Sell All of Its Stores
Discount retailer Big Lots, which specializes in home goods, is planning to file for bankruptcy, according to a recent report by Bloomberg News.
The sources...
CEO of America’s Oldest Bank Says Crypto Won’t Replace Dollar
Crypto enthusiasts believe that there will come a point where cryptocurrency will replace traditional currencies and become a widely accepted form of payment. But...
U.S. Economy Added Fewer Jobs Than Expected
The Bureau of Labor Statistics released its highly anticipated Employment Situation Summary for August, with the data showing that the U.S. economy saw fewer...
OPEC+ to Delay Increase in Oil Production Until December
OPEC+ announced earlier this week that it will delay an increase in oil production, which was scheduled for October. This is a response to...
Super Micro Stock Crashes After Downgrade From JP Morgan
Server maker Super Micro Computer saw its stock take another hit on Friday, dropping by almost 7% after a downgrade from JP Morgan’s analysts.
According...
JetBlue Lifts Predictions for Q3 Revenue After a Strong Summer Demand
JetBlue Airways expects strong demand for flights this summer to strongly reflect on its revenue in the third quarter, according to a recent regulatory...
U.S. Steel CEO Warns About Consequences if Nippon Steel Deals Falls Through
Nippon Steel's proposed $14.9 billion acquisition of U.S. Steel continues to face regulatory obstacles and seems to be in danger of being blocked by...
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