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Tech stocks saw their biggest gains in 2020 as the coronavirus pandemic spiked demand for technology solutions for remote work, learning and online entertainment. A massive COVID-19 vaccination should accelerate economic recovery, which will benefit…
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Microsoft is partnering with Arm to develop its own processors for Azure cloud data centers and its Surface PC line, media reported. Amazon and Apple are already on the road to building their own chips.…
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The Fed conducted the second stress test for large US banks this year, – the results showed that banks weathered the pandemic crisis better than expected. Given the high level of capitalization of banks, the…
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COVID-19 vaccine maker stocks fell heavily on Monday as investors assess the risks a new strain of the virus found in the UK could bring. Key US stocks, the S&P 500 and Dow Jones closed…
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On Tuesday, the Securities and Exchange Commission officially authorized the NYSE to conduct an initial public offering of companies with raising funds through direct listing, that is, companies will sell shares to investors without the…
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President Donald Trump vetoed a massive $ 740 billion defense bill and called the Cares 2 economy bills passed by Congress “a shame.” If the bills are not passed by Monday, the United States is…
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Alibaba has faced China’s officially announced antitrust investigation. The Internet giant has been accused of anti-competitive practices that restrict merchants from trading only to their platform. Regulators will also meet with financial company Ant, a…
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The start of vaccination against coronavirus in the United States with a vaccine developed by Pfizer and BioNTech, on December 14, will be the first to receive it for doctors, government officials and residents of…
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Electronic Arts announced on Monday a $ 1.2 billion deal between Electronic Arts and UK racing game developer Codemasters, surpassing Take-Two’s bid last month. The completion of the transaction is expected in the first quarter…
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NIO capitalized on 919% year-over-year growth and raised $ 2.65 billion by selling 68 million ADS, more than originally planned but a 7.1% discount from Friday’s closing price. Here’s what this means for the company…
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