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Business

FedEx hikes 2023 earnings forecast as cost-cutting initiatives

In this photo FedEx logo is seen in Washington D.C., United States on February 16, 2023. Celal Gunes | Anadolu Agency | Getty Images FedEx on Thursday hiked its full-year earnings forecast as it said cost-cutting measures offset continued demand weakness at units including FedEx Express. FedEx now… Read Full Article Here CNBC

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Business

Watch now: ETF Edge on Bonds 102 – Beyond Basic Treasuries

Watch now: ETF Edge on Bonds 102 – Beyond Basic Treasuries Read Full Article Here CNBC

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Business

British chip giant Arm chooses New York listing in a blow to

City workers in Paternoster Square, where the headquarters of the London Stock Exchange is based, in the City of London, UK, on Thursday, March 2, 2023. Bloomberg | Bloomberg | Getty Images British chip designer Arm, owned by Japan’s SoftBank, and building materials group CRH intend to shun London… Read Full Article Here CNBC

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Science

Free markets do not always create competitive environment, says

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Technology

“CNBC’s ‘Halftime Report’: Apple, Energy Transfer, and Beyond”

On Thursday’s “Ask Halftime,” our traders answered questions from CNBC Pro subscribers about stocks and ETFs during this heightened market volatility, including whether to buy, sell or hold specific companies. Jenny Harrington of Gilman Hill Asset Management explained why you should hold onto… Read Full Article Here Source link

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Technology

ShoppingInstacart Joins the Rush of Companies Utilizing ChatGPT Technology by Introducing a Chatbot for Grocery Shopping

Instacart Inc. is adding OpenAI’s ChatGPT chatbot technology to its grocery-delivery app, joining a growing list of companies that are turning to the humanlike artificial-intelligence language tool in efforts to boost customer services, marketing and other automated tasks.  Instacart will use… Read Full Article Here Source link

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Business

Rivian posts mixed fourth quarter and underwhelming EV production

Rivian electric pickup trucks sit in a parking lot at a Rivian service center on May 09, 2022 in South San Francisco, California.  Justin Sullivan | Getty Images Electric vehicle startup Rivian Automotive reported mixed fourth-quarter earnings and a lackluster production outlook after the bell… Read Full Article Here CNBC

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UK

AMC EntertainmentNorwegian Cruise Line and AMC Entertainment: Biggest Midday Stock Movers

The Norwegian Dawn cruise ship arriving in the French Mediterranean port of Marseille, July 27, 2021. Gerard Bottino | SOPA Images | LightRocket | Getty Images Check out the companies making headlines in midday trading Tuesday. Hims & Hers Health — Shares of the telehealth stock soared by 17%… Read Full Article Here Source link

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Business

Treasury prices fall slightly to close out bumper month for

U.S. Treasury prices fell slightly on Tuesday to close out a bumper month for government bond yields. The yield on the benchmark 10-year Treasury note was up around 1.2 basis points to 3.9337% while the yield on the 30-year Treasury bond gained 1.6 basis points to 3.9346%. Yields move inversely… Read Full Article Here CNBC

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Business

Hurricane winds will get stronger in states like Illinois and

A U.S. flag is seen in a flooded rural area after Hurricane Ian caused widespread destruction in Arcadia, Florida, October 4, 2022. Marco Bello | Reuters Hurricane winds fueled by climate change will expand further inland and put tens of millions of properties in the U.S. at risk over the next… Read Full Article Here […]