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Ravi Tiku’s Perspective: Decoding Today’s Headlines

Ravi Tiku’s Perspective: Decoding Today’s Headlines

The news tells you what happened. We decode why it matters.

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Finance News

A Big Change on the Horizon for the US Economy in September

July 13, 2024
A Big Change on the Horizon for the US Economy in September

Chair of the Federal Reserve of the United States Jerome Powell speaks during a Senate Banking, Housing, and Urban Affairs Committee hearing on the Semiannual Monetary Policy Report to Congress at the U.S. Capitol …

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Categories Finance News Tags Federal Reserve, inflation, Interest rates, Jerome Powell, US Economy Leave a comment

“AT&T Faces Major Data Breach Exposing Call and Text Records”

July 12, 2024
"AT&T Faces Major Data Breach Exposing Call and Text Records"

AT&T Faces Major Data Breach AT&T revealed in a regulatory filing on Friday that a hacker managed to steal the records of calls and texts for “nearly all” of its customers. The company discovered …

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Categories Finance News Tags AT&T data breach, customer call logs, cyber security, privacy concerns, telecommunications Leave a comment

“Tesla Stock Takes a Hit: 8% Drop Amid Robotaxi Delay”

July 11, 2024
"Tesla Stock Takes a Hit: 8% Drop Amid Robotaxi Delay"

Tesla investors shaken by postponement of key robotaxi unveiling Why Tesla Stock Dropped 8% on Wednesday Has any high-profile stock been more volatile than Tesla (NASDAQ: TSLA) lately? After a surge of investor optimism …

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Categories Finance News Tags Earnings Report, Investor Sentiment, Robotaxi, Stock Drop, tesla Leave a comment

AI Industry Unlikely to Recoup $150 Billion Nvidia Chip Investment

July 10, 2024
AI Industry Unlikely to Recoup $150 Billion Nvidia Chip Investment

AI Industry May Never Earn Back Its $150 Billion Nvidia Chip Spend : r/AIToolsTech The rush to purchase hardware for building and running generative AI chatbots has companies spending at an unprecedented rate. According …

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Categories Finance News Tags AI industry, cloud services, generative AI, Nvidia chip investment, Tech Giants Leave a comment

“Powell Highlights Dual Threats to U.S. Economy: Inflation and Weakening Labor Market”

July 9, 2024
"Powell Highlights Dual Threats to U.S. Economy: Inflation and Weakening Labor Market"

Fed Chairman Jerome Powell testified Tuesday at a Senate committee hearing on July 9. Photo: Tierney L. Cross/Bloomberg via Getty Images Powell Warns of Dual Economic Threats Federal Reserve Chairman Jerome Powell addressed the …

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Categories Finance News Leave a comment

Key Insights from June’s US Jobs Report

July 6, 2024
Key Insights from June's US Jobs Report

Key takeaways from the June jobs report | CNN Business The latest US employment report for June, released Friday, reveals several important trends in the labor market. Nonfarm Payrolls and Job Growth Nonfarm payrolls …

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Categories Finance News Tags Average hourly earnings, Economic Outlook, Nonfarm payrolls, Unemployment rate, US jobs report Leave a comment

“Tech Surge Propels Nasdaq and S&P 500 to New Records Amid Positive Jobs Report”

July 5, 2024
"Tech Surge Propels Nasdaq and S&P 500 to New Records Amid Positive Jobs Report"

wall street today: Tech stocks lift Nasdaq, S&P 500 as rate-cut expectations tick up – The Economic Times U.S. stocks rose on Friday, driven by a rally in big tech and a decline in …

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Categories Finance News Tags Nasdaq Composite, S&P 500 Records, Stock market, Tech Rally Leave a comment
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