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Oakmark Global Fund: Fourth Calendar Quarter 2023 Commentary

Oakmark Global Fund generated a 7.56% return in the fourth quarter, compared to a 11.42% return for the MSCI World Index...

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TSLA

Exclusive-Tesla Berlin to stop most output for two weeks due to Red Sea disruption

BERLIN (Reuters) -Tesla will suspend most car production at its factory near Berlin from Jan. 29 to Feb. 11, the company said on Thursday, citing a lack of components due to shifts in transport routes because of attacks on vessels in the Red Sea. The partial production stop is evidence that the crisis in the Red Sea, unleashed by Iranian-backed Houthi militants attacking vessels in solidarity with Palestinian Islamist group Hamas fighting Israel in Gaza, has hit Europe's largest economy. "The armed conflicts in the Red Sea and the associated shifts in transport routes between Europe and Asia via the Cape of Good Hope are also having an impact on production in Gruenheide," Tesla said in a statement...

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GOOGL

Microsoft and Apple neck and neck in race to be world’s most valuable company

Microsoft briefly toppled Apple as the world’s largest company as the two tech giants go head to head in the race to develop artificial intelligence (AI)...

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GOOGL

Google Follows Amazon in Slashing Jobs. Why AI Is Getting the Blame.

Google is cutting hundreds of jobs and the departures include the co-founders of wearables company Fitbit. The news in the wake of a similar move at Amazon.com is a sign that big technology companies still think there’s scope to trim spending after last year’s mass layoffs...

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TSLA

Hertz is selling 20,000 electric vehicles to buy gasoline cars instead

Hertz, which has made a big push into electric vehicles in recent years, has decided its time to cut back. The company will sell off 20,000 electric vehicles and use the money they bring to purchase more gasoline powered vehicles...

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IBM

SPHD: Go Into 2024 With This High-Yield, Defensive Tilting ETF

Invesco S&P 500® High Dividend Low Volatility ETF has a low valuation, low expense ratio, and improved technicals. Explore more details here...

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GOOGL

15 States With Highest Rates of Eating Disorders

In this article, we will take a look at 15 states with the highest rates of eating disorders. If you want to skip our discussion of eating disorders, their causes, and their effects on American society, you can go directly to the 5 States With Highest Rates of Eating Disorders. Eating disorders are a group […]...

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GOOGL

Google Layoffs Hit Fitbit Co-Founders As Cost-Cutting Continues

Google late Wednesday laid off hundreds of workers, according to reports, as cost-cutting continues, aiming to boost profits of GOOGL stock...

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GOOGL

Amazon layoffs show Big Tech is still coming down from pandemic highs

Amazon's latest round of layoffs reflect a climbdown from its earlier COVID-era ambitions...

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TSLA

Hertz Has a Loss on Its EV Fleet. Blame Tesla Pricing Decisions.

The rental car giant is selling 20,000 EVs and will lose about $245 million on the sale. The stock falls...

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