Deira Trading Company

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Pepsi renews contract with Taco Bell days after KFC switches to Coke in the U.S.

Taco Bell is sticking with longtime beverage supplier PepsiCo, even though sister chain KFC defected to Coca-Cola.

David's Bridal plans to spin off AI platform Pearl into publicly traded company

David's Bridal told CNBC exclusively that it's planning to spin off its AI platform, Pearl, into a stand-alone publicly traded company.
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‘I don’t feel sorry for myself’: I’m 64 and will be renting for the rest of my life. Is that so bad?

“I married a wonderful man with a good income. He left his job due to health issues and suffered a massive stroke at 53.”

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Treasury yields see extreme plunge. Why investors are ducking for cover.

‘It’s a take-back trade,’ says PGIM’s Tipp. ‘Not an all-out fear of recession type of situation.’

Comcast beats earnings expectations as media revenue offsets weakness in connectivity

Comcast is in the process of spinning off its media business into a separate publicly traded company.

Elon Musk reportedly invests about $1 billion in Skydance

David Ellison's father, billionaire and Oracle co-founder Larry Ellison, has a history with Musk.
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Two big reasons Micron and other chip stocks are falling on Thursday

Investors are spooked by Tesla’s cut to its near-term spending target and Lam Research’s weaker-than-expected forecast,

Procter & Gamble earnings beat as sales rise 4%, boosted by laundry and home products

Procter & Gamble topped Wall Street's estimates for its quarterly earnings and revenue.
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Meta’s stock falls in early trading amid broader sector selloff, despite well-received results

Meta’s core advertising business delivered a strong quarter, but investors are now eyeing promising new businesses around the Muse personal assistant.

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EBay to lay off 9% of workforce in its second round of job cuts this year

EBay will lay off 9% of its workforce, or about 1,000 employees, as it works to focus on its "top strategic priorities."

GM aims to develop vehicles in as little as two years with AI, software push

General Motors is targeting a roughly two-year vehicle development cycle as it expands its use of artificial intelligence, simulation and vehicle software.
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This wonky maneuver kept Mark Zuckerberg from fleeing a California billionaire tax

Facing a potentially giant tax bill that could threaten his voting power, Zuckerberg was days away from listing his Palo Alto home when Meta agreed to create a new class…

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SpaceX’s massive AI targets will test the limits of reality

As Elon Musk aims to increase SpaceX’s computing capacity exponentially, he’ll face challenges related to funding, power supply and simply securing sufficient chips.

Netflix has dipped its toe into theatrical. Is it ready to jump in?

Co-CEO Ted Sarandos has said the streamer needs new avenues for growth and to improve execution around its content strategy.

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Moderna is about to release the trial results for its cancer vaccine. A lot is riding on this data.

Moderna is one of the hottest stocks of the year because of its custom cancer treatment. Full Phase 3 data are set to be revealed this weekend.
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Bull markets tend to peak with a whimper, not a bang — but a 15% correction for the S&P 500 may be next

Unlike bear-market bottoms, which typically end with a spasm of despair as traders throw in the towel, bull-market tops are far more gradual and less dramatic.

Walmart launches joint membership with Sam's Club as it leans into delivery, gas discounts

Walmart is now offering a joint membership with Sam's Club for $120 per year as the retailer further leans into convenience.
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Super Micro’s stock soars after surprise update — with Dell and HPE shares joining the rally

Super Micro unexpectedly disclosed that its revenue and profitability could be much stronger than originally anticipated.

Boeing wins FAA approval for 737 Max 10 after years of delays as Duffy says certification process should be faster

The 737 Max 10, the largest model in the family, was set to start flying in 2020, but increased scrutiny and other safety issues delayed its certification.
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Here’s what matters most to Tesla investors heading into earnings

Financial results are somewhat of a sideshow for an investor base eagerly awaiting updates on robotaxis, robots — and the cost of all that.

Here's what to expect when Netflix reports earnings after the bell

Investors will be looking for updates on Netflix's ad-supported business, engagement metrics and how the streaming giant continues to view potential M&A.

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Pending home sales sink to 25-year low as buyers flee high mortgage rates

Contract signings to purchase homes fell in September to the lowest level on record, as buyers fled the housing market in the wake of the average 30-year mortgage rate crossing…

Best Buy launches new gaming hub ahead of 'Zelda' and 'Grand Theft Auto VI'

Best Buy is launching a new gaming experience for customers as it leans into the business ahead of this fall's big launches.
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The multi-million dollar real estate portfolio of Buffalo Bills QB Josh Allen and actress Hailee Steinfeld

Josh Allen reached another milestone in his NFL career, but his life away from football is equally impressive—including the real estate portfolio he shares with his actress wife, Hailee Steinfeld.
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When should you dump your target-date funds?

Target-date funds aren’t necessarily built to handle many of the decisions retirees face.

General Motors is set to report earnings before the bell. Here's what Wall Street expects

GM's 2025 third-quarter results included $48.59 billion in revenue, net income attributable to stockholders of $1.3 billion and adjusted EPS of $2.80.
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Blood clots are ‘incredibly common,’ even for pro athletes like Jalen Hurts. Here’s what to know.

Research has found that it can take more than six months for professional athletes to return to play after being treated for a deep-vein thrombosis or pulmonary embolism.
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One of this year’s most important relationships in global financial markets is falling apart

One of the most important relationships in global markets has started to unravel over the past couple of weeks. Investors are scrambling to figure out what it might mean for…

Robot factories and hypersonic missiles: JPMorgan Chase’s first $5 billion of defense investments

With $5 billion already deployed off its balance sheet, JPMorgan Chase is racing ahead on direct investments in defense tech, hardware and supply chains.
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Stocks are heading for a high-stakes showdown, as strong earnings collide with rising borrowing costs

The idea that the AI trade has been mostly immune to rising bond yields isn’t quite right, one strategist notes.
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These surprising stocks could be some of the biggest drivers of S&P 500 earnings growth

Boeing, Meta and EchoStar recorded steep charges and expenses a year ago, which are expected to make this latest quarter’s results look especially strong by comparison.
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I’m 63 and diagnosed with lymphoma. Should I take my Social Security next year?

“My plan is to continue working as long as I’m able to do so and invest my Social Security benefits while I’m still earning a paycheck.”
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Investing, not homeownership, is the No. 1 milestone that makes Gen Z renters feel successful

“Instead of focusing on homeownership, many are prioritizing financial freedom and debt-free living.”
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Is Apple’s foldable iPhone Duo worth $2,000? See how it stacks up against other foldable phones.

Preorders for the iPhone Duo began Friday, marking Apple’s debut in a foldable phone market largely dominated by Samsung and Google.
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Fake shopping sprees and ‘happiness insurance’: The latest fintech apps reveal our financial anxieties

Fintech companies are catching on to how Americans are altering their financial habits, and they’ve created new products to try to meet the moment.
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Can a $55,000 robot load the dishwasher? Inside my afternoon with two humanoid housekeepers.

Tau Robotics’ humanoids vacuumed my floors and wiped my counters — with some help from humans behind the scenes.
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Meet the home buyers totally unfazed by 7% mortgage rates

Individual investors and second-home buyers accounted for 1 in 5 home purchases in September — the highest share in a little over a year.
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Could an Anthropic IPO put your 401(k) at risk? The AI safety debate hits a new dimension.

Anthropic and New York City’s comptroller have opened a line of communication to discuss “existential risks” posed by AI and what that could mean for the company’s future stock.
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Ether Options Market Shows Bias for Price Weakness Over Next 6 Months

Ether's price appears overvalued compared to Ethereum's dwindling revenues, one analyst said.   Ethereum's native token Ether (ETH) fell to a six-week low on Tuesday, with traders in the options…
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MakerDAO’s MKR, Ripple’s XRP and Stellar’s XLM Led Crypto Gainers in July

Cryptocurrency giants bitcoin and ether, meanwhile, lost ground during the month. MakerDAO’s MKR was the leading gainer among the constituents of the Coindesk Market Index (CMI) in July, advancing 47%. The native…
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ApeMax and Dogecoin: Battle of the Meme Coins

  In the volatile world of cryptocurrency, meme coins have carved out their own niche. These internet-inspired coins, often humorously named and themed, have a unique appeal to a wide…
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Ripple (XRP) Price Prediction: Is It Time To Invest in XRP?

Recently, a judge in the United States made a ruling in favour of Ripple (XRP) and this news sent a ripple effect to the entire crypto market with XRP price…
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Bitcoin Plunged 11% in Worst Week Since FTX’s Collapse. What’s Next for BTC’s Price?

BTC slipped below $26,000 amid the crypto market mayhem. BTC’s fall below $26,000 is poised to be the worst weekly decline since the collapse of FTX. Absence of a decision…
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FTX Crypto Bankruptcy Filing Shows $8.6 Billion Shortfall

If FTX was founder Sam Bankman-Fried’s alleged personal piggy bank, it wasn’t refilled. Newly filed court documents introduced last week (March 2) reveal what John J. Ray III, FTX’s current CEO, has called…
Source: CurrencyRate