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PepsiCo beats revenue estimates but warns North America demand remains under pressure

PepsiCo beat Wall Street expectations for second-quarter revenue and profit on Thursday, but investors focused on the company’s warning that inflationary pressures…
Stock

Micron to invest up to $3B in the US chip supply chain, stock jumps on AI optimism

Micron Technology shares surged 6% in premarket trading on Thursday after the memory-chip maker announced plans to invest up to $3 billion…
Investing

OpenAI expands AI lineup with GPT-5.6 after delayed public launch

OpenAI will publicly launch its most capable artificial intelligence model, GPT-5.6, on Thursday after delaying the release last month at the request…
Investing

This memory stock may be a better pick than Micron or SanDisk

The ongoing artificial intelligence (AI) infrastructure boom has sparked an unprecedented memory supercycle, lifting chipmakers to historic heights. While Micron and SanDisk…
Investing

FTSE slides over 1% as Trump remarks revive Middle East tensions

London’s major stock indexes fell more than 1% on Wednesday after US President Donald Trump said an initial agreement to end the…
Investing

Nvidia stock hits key support, forms bullish pattern as key valuation metric dips

Nvidia stock remains under pressure this week as the recent sell-off continues. It dropped to $189, down by 18% from its highest…
Investing

Nio stock crashes on weak outlook despite EV delivery surge: now what?

Nio stock price dropped below a crucial support level as demand for Chinese electric vehicle shares fell. It dropped to a multi-month…
Economy

Brent crude oil price jumps after US strikes on Iran, death cross hints at reversal

Brent crude oil price jumped to $76 after the fragile US-Iran ceasefire came under renewed pressure overnight. It has risen by 8.45%…
Economy

Nikkei 225: bullish pattern emerges as Kioxia stock, Japan bond yields jump

The Nikkei 225 Index traded sideways on July 8 as artificial intelligence (AI) stocks rebounded after Tuesday’s sharp sell-off. The index was…
Economy

Hang Seng Index rallies as Alibaba, Tencent, Lenovo shares surge

The Hang Seng Index staged a strong comeback today, reaching its highest level since June 18, as investors rotated towards Chinese technology…
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