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Market news for Nov. 23...
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The European Union is considering broadening the scope of proposed cybersecurity labelling rules that would affect not just Amazon, Alphabet's Google and Microsoft but also banks and airlines, according to the latest draft of the rules. The EU move to set up such a system comes as Big Tech looks to the government cloud market to drive growth in the coming years while a potential boom in artificial intelligence after the viral success of OpenAI's ChatGPT could also boost demand for cloud services. The latest proposal from EU cybersecurity agency ENISA concerns an EU certification scheme (EUCS) which vouches for the cybersecurity of cloud services and determines how governments and companies in the bloc select a vendor for their business...
Continue ReadingAlong these lines, two major airlines have announced modifications that will impact passengers during their trips. For its part, Alaska Airlines has made a change to its in-flight food and beverage service, but it does not involve price changes. In fact, many passengers will appreciate the move...
Continue ReadingFigures for November 11's Singles Day in China show that sales of the iPhone dropped 4% year over year — while Huawei smartphones grew 66% in the same period...
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Short-term Government borrowing costs have risen at their sharpest pace since October in the wake of Jeremy Hunt’s tax-cutting Autumn Statement...
Continue ReadingIn this piece, we will take a look at Leon Cooperman’s long term stock picks. If you want to skip our introduction to the billionaire hedge fund investor and the latest stock market news, then take a look at Billionaire Leon Cooperman’s Long-Term Stock Picks: Top 5 Stocks. Leon Cooperman is one of the most […]...
Continue ReadingI will show you how you can build a dividend portfolio by allocating $100,000 among Novemberâs top 20 dividend companies as well as one ETF. Read more here...
Continue ReadingIndustrial action at carmaker over collective bargaining sparks wave of sympathy strikes that could spill into other countries...
Continue ReadingIt is not a stretch to say the Black Friday game between the Miami Dolphins and New York Jets is Amazon’s Super Bowl. Not only does it mean an additional game on Prime Video that Amazon hopes to make into a yearly tradition, but it comes on the busiest shopping day of the year. Black Friday is a huge event for us every year...
Continue ReadingIn this article, we will take a look at Billionaire Lee Ainslie’s top 10 stock picks. For more Ainslie’s stocks, head on over to Billionaire Lee Ainslie’s Top 5 Stock Picks. Hedge fund managers are known for investing in various asset classes in the race to unlock value in the market. But not Lee Ainslie, a […]...
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