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Rising regulatory barriers and a torrent of lawsuits are giving tech behemoths pause as they pursue mega-mergers and eventually could force them to reset.....
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Investors should start preparing for lower interest rates in 2024...
Continue ReadingTesla stock is on fire in 2023, but the business tells us a different story...
Continue ReadingGerman tech group Software AG has struck a deal to sell a key business to IBM for €2.1bn just over six months after agreeing to a takeover by US private equity firm Silver Lake. The business, known as Super iPaaS, was formed just two months ago by Software AG through combining two existing divisions. Announcing the sale on Monday, Software AG’s chief executive Sanjay Brahmawar said that the roughly 2,000 employees working on the recently formed product platform would “have a fantastic opportunity to develop the Super iPaaS proposition with [IBM]”...
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While Tesla (TSLA) is recalling 2 million vehicles over a safety issue associated with its Autopilot software, Rivian (RIVN) is collaborating with AT&T for the supply of its EVs to the telecom giant...
Continue ReadingWall Street's main stock indexes were on track to open higher on Monday as investors awaited economic data later in the week that could offer insights on when the Federal Reserve could start cutting interest rates. The main Wall Street indexes are looking to end 2023 on a high note as signs of slowing inflation and expectations that the U.S. central bank will soon ease its monetary policy attract buyers...
Continue ReadingThe tech giant is making it easier for enterprise clients to connect applications and data across clouds...
Continue ReadingThe iPhone has stagnated, and Apple now needs to turn to these products for growth...
Continue ReadingAlphabet's (GOOGL) Google rolls out Gemini Pro for enterprises to boost its cloud offerings...
Continue ReadingRetail sales are rebounding, which is expected to help stocks like American Eagle Outfitters, (AEO), Amazon.com (AMZN), The Gap (GPS), Casey's General Stores (CASY) and Expedia Group, (EXPE) in the near term...
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