In tech
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Qualcomm (QCOM) Gives Solid Forecast in Sign of Smartphone Recovery
Qualcomm Inc., the world’s biggest seller of smartphone processors, gave a solid forecast for the current period, suggesting that handset demand continues to recover.
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Qualcomm gives better-than-expected revenue forecast as company pushes AI-powered smartphones
Handset sales rose 1% year-over-year to $6.18 billion, signaling that the smartphone market may be recovering after a few years of...
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T-Mobile Officially Acquires Mint Mobile in $1.35 Billion Deal
T-Mobile officially finalized the $1.35 billion deal to acquire Mint Mobile, according to a press release from the telecom company. The deal was first announced in March 2023 but had to clear regulatory approval. The U.S. Federal Communications Commission (FCC) gave approval to the deal last week after T-Mobile pledged to let existing Mint customers switch providers for 60 days after the acquisition. T-Mobile has also pledged to keep Mint’s $15 per month deal for both new and existing...
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Super Micro stock plummets 18% after posting revenue miss
Super Micro Computer shares plunged on Wednesday after the server company reported third-quarter revenue that missed estimates.
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How Should You Play Global Payments (GPN) Ahead of Q1 Earnings?
Global Payments' (GPN) Q1 results are likely to be aided by resilient consumer spending, higher commercial account growth and cost-curbing initiatives.
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Family of Microsoft executive Brad Smith joins Seattle Mariners ownership group
SEATTLE — Microsoft vice chair and president Brad Smith and wife Kathy Surace-Smith have purchased a stake in the Seattle Mariners,...
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Pfizer beats revenue estimates, raises profit outlook on cost cuts and strong non-Covid sales
The results come as Pfizer tries to regain its footing after the rapid decline of its Covid business.
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After AstraZeneca admits Covid-19 vaccine side effect, Gujarat Congress lashes out at Centre for not maintaining vaccination database
Gujarat Congress president Shaktisinh Gohil on Wednesday accused the BJP-led Centre of ignoring the World Health Organization's emergency guidelines to maintain a database of people who have been administered Covid-19 vaccines. Gohil's remarks came a day after global pharmaceutical manufacturer AstraZeneca admitted that its Covid-19 vaccine, developed by researchers from Oxford University, can cause Thrombosis with Thrombocytopenia Syndrome (TTS), a rare side effect of blood clotting and low...
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CVS posts big earnings miss, cuts profit outlook on higher medical costs
CVS and other insurers have seen medical costs spike as many Medicare Advantage patients return to hospitals to undergo procedures they delayed during Covid.
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Johnson & Johnson will pay $6.5 billion to resolve nearly all talc ovarian cancer lawsuits in U.S.
The deal would allow J&J to resolve the lawsuits through a third bankruptcy filing of a subsidiary company, LTL Management.
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Bitcoin down, stocks up as investors eye this week’s Fed meeting
The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
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Nigeria Cryptocurrency Clampdown: Central Bank Directs Fintech Firms to Stop Opening New Accounts – Africa Bitcoin News
The Central Bank of Nigeria has directed four fintech companies to cease the creation of new accounts, citing their potential use by cryptocurrency traders. An executive from one of the affected fintech companies has associated the Central Bank’s directive with a current audit of the Know Your Customer (KYC) procedures implemented by these firms. Fintech […]