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Cerebras IPO has ‘too much hair’ as AI chipmaker tries to sell Wall Street on Nvidia alternative
Andrew Feldman, co-founder and CEO of Cerebras Systems, speaks at the Collision conference in Toronto on June 20, 2024. Ramsey…
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Wells Fargo posts lower earnings and revenue amid an 11% decline in net interest income
Wells Fargo bank signage is seen on Broadway on April 12, 2024 in New York City. Michael M. Santiago |…
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Novo and Lilly contender Zealand Pharma heralds its obesity drug alternative: It’s our ‘crown jewel’
Danish biotech Zealand Pharma is targeting the “next generation” of weight loss drugs as competitors pile into a market dominated…
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China’s ‘whatever it takes’ moment? Investors hope for hundreds of billions in new stimulus
China’s Ministry of Finance, pictured here in Beijing in 2021, is refunding taxes and cutting fees to support economic growth.…
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Economy
UK economy grows 0.2% in August, in line with expectations
Alexander Spatari | Moment | Getty Images LONDON — The U.K. economy grew 0.2% in August on a month-on-month basis,…
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How Russia’s war economy and defense spending could actually make it weaker
Russia’s President Vladimir Putin visits Uralvagonzavod, the country’s main tank factory in the Urals, in Nizhny Tagil on February 15,…
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Economy
JPMorgan Chase is set to report third-quarter earnings – here’s what the Street expects
CEO of Chase Jamie Dimon looks on as he attends the seventh “Choose France Summit”, aiming to attract foreign investors…
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Bank of Korea trims interest rates after holding for almost two years
Pedestrians crossing a road in front of the Bank of Korea headquarters in Seoul on July 13, 2022. South Korean…
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One dead, 12 people trapped deep underground at Colorado mine tourist attraction
Yellow caution tape. Inspiredesigns | Istock | Getty Images One person was dead and 12 others were trapped 1,000 feet (300 meters) underground on Thursday following an elevator failure…
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Jim Cramer says to focus more on earnings than inflation data with Fed in a cutting cycle
CNBC’s Jim Cramer on Thursday told investors not to fixate on the consumer price index report because it’s become less…
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