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Markets
SpaceX officially files for blockbuster IPO
SpaceX on Wednesday submitted documents to move forward with its highly anticipated initial public offering…
Nvidia CEO Jensen Huang predicts ‘crazy good’ Q4 after strong earnings
Nvidia CEO Jensen Huang said Wednesday the chipmaker is heading into a "crazy good" fourth…
Strong demand for Silverado, Sierra drives GM to expand Flint production
General Motors is planning to ramp up production of heavy-duty pickup trucks in Michigan this…
Mercedes-Benz to invest $4 billion at Alabama plant amid Trump auto tariffs
German automaker Mercedes-Benz said on Tuesday it will invest $4 billion at its Alabama plant…
Wells Fargo CEO Charlie Scharf says economy still strong despite oil spike
Despite a 50% spike in oil prices and an escalating conflict involving Iran, Wells Fargo…
Banking giant HSBC considers job reductions due to AI, report suggests
Global banking giant HSBC Holdings Plc is considering significant job reductions in the years ahead,…
Rivian and Uber announce $1.25B robotaxi partnership across 25 cities
Rivian and Uber on Thursday announced a partnership worth up to $1.25 billion to accelerate the…
Kohl’s CEO says company will focus on optimizing its existing store base
The CEO of Kohl's signaled that the company isn't planning on closing additional stores this year…
SeatGeek faces criticism after posting $175K job with sex change perk
Popular ticket-selling platform SeatGeek is facing backlash after a job posting offering up to $175,000…
Honda takes $15.7B writedown on struggling EV business
Honda announced a $15.7 billion writedown of its electric vehicle (EV) business last week as…
Papa John’s reviews $1.5 billion takeover bid from Qatari-backed fund
Papa John’s International is reportedly reviewing a new proposal to take the company private in…
Morgan Stanley cuts 2,500 jobs across all divisions in workforce reduction
Morgan Stanley, one of the world’s largest investment banks, is cutting 3% of its workforce,…
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