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December 3, 2024

iLearningEngines, Inc. Faces Lawsuit and Financial Turmoil

iLearningEngines, Inc. has recently faced significant legal and financial challenges. The company reported an EPS of -0.01, falling short of the estimated EPS of 0.04,

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December 3, 2024

Hedge Funds Celebrate Gains After Trump’s 2024 Re-Election

Hedge funds have achieved notable gains following Donald Trump’s re-election in 2024. The stock market rally, sparked by investor optimism and speculation about future policies

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December 3, 2024

Intel CEO Pat Gelsinger Retires Amid Chipmaking Struggles

Pat Gelsinger, the CEO of Intel, has announced his retirement, marking a significant moment for the company as it faces growing challenges in the competitive

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December 3, 2024

Global Chipmakers Gear Up for Gains as US Tightens Export

The semiconductor industry is poised for potential benefits as the US increases restrictions on advanced chip exports to China. According to Bernstein analysts, these measures

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December 3, 2024

Asian Stocks Mixed as Tech Rally Meets US Export Curbs

Asian stock markets saw a mixed performance, with tech shares contributing to gains in some regions while others, particularly in China, faced dips due to

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December 3, 2024

Super Micro Computer Stock Soars 18% Amid Independent Review and

Super Micro Computer Inc. has witnessed an impressive 18% surge in its stock price following the release of an independent committee’s report validating the company’s

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December 3, 2024

Tesla Stock Dips After Court Denies Elon Musk’s 56 Billion

Tesla’s stock faced downward pressure after a legal ruling rejected Elon Musk’s ambitious 56 billion compensation package. The ruling has reignited debates over executive pay

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December 3, 2024

S&P 500 Predicted to Climb Higher amid Increased Volatility Until

The S&P 500 is expected to continue its upward path towards a record level of 6600 by mid-2025. However, analysts predict this growth trajectory will

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