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AI Stock Rally Fades as Tech Selling Intensifies

AI Stock Rally Fades as Tech Selling Intensifies

A global stock market rebound lost momentum on Monday as renewed selling pressure hit major technology stocks in the United States, highlighting growing investor concerns about the sustainability of the artificial intelligence (AI) investment boom. US indexes initially climbed by 1% or
Netflix Ad Slowdown Raises Growth Concerns

Netflix Ad Slowdown Raises Growth Concerns

Netflix is facing growing questions about its ability to sustain growth after lowering its advertising revenue expectations. The revised outlook has raised concerns that the streaming company’s once highly successful business model may be losing momentum as competition intensifies and major content
Amazon Plans 300,000 Holiday Hires in the US

Amazon Plans 300,000 Holiday Hires in the US

Amazon is preparing to expand its US workforce for the upcoming holiday shopping season, announcing plans to recruit more than 300,000 workers as it anticipates a surge in customer orders. The move marks the company’s first increase in seasonal hiring in three
GM Q3 Earnings: Revenue and Profit Expectations

GM Q3 Earnings: Revenue and Profit Expectations

General Motors (GM) is preparing to release its third-quarter 2026 financial results before the opening bell on Tuesday, with investors focused on earnings growth, updated annual guidance and the outlook for the US automotive industry. The report comes as concerns about slower
South Korea Unveils $747 Billion Green Transition Plan

South Korea Unveils $747 Billion Green Transition Plan

South Korea has announced a 1,000 trillion won ($747 billion) energy transition and decarbonisation strategy aimed at expanding renewable energy, transforming heavy industries and creating new sources of economic growth through 2035. The K-GX (Korea-Green Transformation) initiative includes 200 trillion won in
Uber to Acquire ezCater for $2.3 Billion

Uber to Acquire ezCater for $2.3 Billion

Uber Technologies said on Tuesday that it will acquire U.S. catering platform ezCater in an all-cash deal valued at $2.3 billion, marking its latest move to strengthen delivery, the company’s fastest-growing business segment. The acquisition comes months after Uber agreed in July
Nasdaq Hits Record High as Nvidia Leads Gains

Nasdaq Hits Record High as Nvidia Leads Gains

The Nasdaq closed at a record high on Monday, lifted by Nvidia and Microsoft, as investors focused on lower oil prices and looked ahead to upcoming quarterly earnings reports. It marked the Nasdaq’s second consecutive day of strong gains after weaker-than-expected employment
Diesel Prices Hit Records, Raising Costs Across US

Diesel Prices Hit Records, Raising Costs Across US

Diesel prices in the United States have reached historic levels, creating new pressure on businesses and consumers as global conflicts disrupt energy supplies. The national average price for diesel reached $6.52 per gallon, according to AAA, compared with $3.69 during the same
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