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Nasdaq is officially dropping Rivian for an auto industry chip maker

Jennifer DuBois -
Nasdaq is dropping Rivian because it shrunk too much.The electric carmaker will lose its spot on the Nasdaq-100, which comprises 100 of the...
Business

Shell to Lift Dividend, Launch $5 Billion Buyback

Jennifer DuBois -
Shell to Lift Dividend, Launch $5 Billion Buyback Source link
Business

Low-tax Switzerland votes on global minimum corporate tax rate

Jennifer DuBois -
By John RevillZURICH (Reuters) - Swiss citizens vote this weekend on whether to raise business tax to 15% from an average of 11%...
Business

Shell Boosts Dividend 15% as It Pivots Back Toward Oil and Gas

Jennifer DuBois -
(Bloomberg) -- Shell Plc will increase its dividend 15% and boost natural gas production as new Chief Executive Officer Wael Sawan refocuses on...
Business

Exclusive-Amazon’s cloud unit is considering AMD’s new AI chips

Jennifer DuBois -
By Stephen NellisSAN FRANCISCO (Reuters) -Amazon Web Services, the world's largest cloud computing provider, is considering using new artificial intelligence chips from Advanced...
Business

Fed On Tap As Nasdaq, Leaders Look Extended

Jennifer DuBois -
Dow Jones futures were little changed overnight, along with S&P 500 futures and Nasdaq futures. The Federal Reserve will announce its policy decision...
Business

Home prices are set to tumble in the 2nd half of 2023 as mortgage rates rebound and the economy slows, economists say

Jennifer DuBois -
Home prices have been holding firm through most of 2023, but high mortgage rates and a weakening economy could send them lower through...
Business

Insiders Pour Millions Into These 2 Stocks, J.P. Morgan Says They Have up to 175% Upside — Here’s Why You Should Pay Attention

Jennifer DuBois -
The investing game can appear complicated as there are many issues to consider before leaning into a stock: Is the time right to...
Business

The stock rally will end soon, recession will hit, and the Fed won’t hike interest rates again, markets guru Jeremy Siegel predicts

Jennifer DuBois -
Jeremy Siegel is wary of stocks, expecting a recession, and predicting the Fed won't hike again.The retired Wharton professor doubts the stock market...
Business

Wall Street’s biggest bull called this year’s stock market rally—now instead of a recession, he says ‘the economy is actually slipping into an expansion’

Jennifer DuBois -
Not many on Wall Street were able to call the huge S&P 500 comeback this year after the index plummeted into its first...
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