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Data released by the Labor Department show that CPI for September increased higher than expected, with several prices up from August. According to figures published by the Labor Department, the prices of goods and services increased quicker than expected in September. The consumer price index (CPI) rose 0.4% in September and 3.7% compared
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Astera Labs closed its series D funding round in November last year with $150 million at a valuation of about $3.15 billion. Santa Clara, California-based semiconductor connectivity solutions firm, Astera Labs Inc has appointed Morgan Stanley (NYSE: MS), and JPMorgan Chase & Co (NYSE: JPM) as the lead underwriters for its
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This ruling marked a crucial victory for Ripple, instantly boosting XRP’s price by almost 5%. When Ripple achieved its first victory, although a partial one, in July, the price of XRP spiked from $0.46 to $0.93 in just 10 hours, a stunning 100%+ increase. A federal judge in the United States,
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Core inflation in August rose as the CPI showed price increases across several points, including energy, housing and airfares. Core inflation in August saw its largest monthly increase for the year as consumer prices rose on housing, energy, and many other items. According to the United States Department of Labor, the
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Going by the new estimates, Morgan Stanley expects that Tesla’s market capitalization will surge by at least $600 billion over the next 12 to 18 months. A recent Reuters report has tipped Tesla Inc (NASDAQ: TSLA), the electric vehicle (EV) maker, as poised to see a major boost in its market
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied New rules instituted by the U.S. Securities and Exchange Commission (SEC) to regulate the private funds industry are not expected to affect crypto companies. The new rules, voted 3-2 on Aug. 30 by SEC commissioners along party
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Lululemon Athletica announced a revenue of about $2.2 billion, up approximately 18 percent compared to the same time last year. Canadian multinational athletic apparel retailer Lululemon Athletica Inc (NASDAQ: LULU) released its Q2 2023 financial results and the full-year outlook on Thursday. According to the announcement, the company’s operations continued to
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Despite reporting stronger guidance than expected by analysts, Salesforce highlighted that market uncertainty continues to pressure its future growth prospects. Salesforce Inc (NYSE: CRM), a leading American cloud-based software company, announced several announcements on Wednesday, including fiscal Q2 2024 ended July 31, 2023. According to the announcement, Salesforce recorded an adjusted
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Nvidia, one of the world’s leading developers of semiconductor chips, revealed its latest chip on Aug. 7 which is designed to power high-level artificial intelligence (AI) systems. The company said its next-generation GH200 Grace Hopper Superchip, is one of the first to be equipped with a HBM3e processor and is designed
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“It’s a big deal, because both our contacts from the Invesco side and from the BlackRock side gets you to think that this is a question of when, not if, that the outside window is probably six months,” Novogratz said. “And so you’re kind of in your four to six
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