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Continue ReadingIndonesian President Joko Widodo said on Tuesday he had signed a regulation requiring digital platforms to pay media outlets that provide them with content, a move aimed at levelling the playing field between the media industry and big tech companies. "The spirit of the regulation is... to ensure a fair cooperation between media and digital platforms, provide clearer cooperation framework between them," said Jokowi, as the president is popularly known...
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Continue ReadingIt's merger Tuesday on Wall Street today. In a massive deal in the credit space, Capital One (COF) will acquire Discover Financial Services (DFS) in a $35 billion all-stock deal. The deal, if approved, should close later this year or early 2025. In the retail space, Walmart (WMT) announced plans to acquire TV maker Vizio (VZIO) in a $2.3 billion cash deal. On the earnings front, we are hearing from several top names this morning including Home Depot (HD), Walmart (WMT), and Medtronic (MDT). Home Depot earnings topped estimates, but sales outlook is dragging on shares. Yahoo Finance trending tickers include NVIDIA (NVDA), Tesla (TSLA), and Intel (INTC). Key guests include:9:40 a.m. ET - John David Rainey, Walmart CFO10:30 a.m. ET - Hessam Nadji, Marcus & Millichap CEO...
Continue ReadingLooking for stock market analysis and research with proves results? Zacks.com offers in-depth financial research with over 30years of proven results...
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Continue ReadingLooking for stock market analysis and research with proves results? Zacks.com offers in-depth financial research with over 30years of proven results...
Continue ReadingLooking for stock market analysis and research with proves results? Zacks.com offers in-depth financial research with over 30years of proven results...
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