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Tech Giants Tumble: Why Grab Stumbled in a Shaky Market
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Tech Giants Tumble: Why Grab Stumbled in a Shaky Market

2025-02-21
Wall Street experienced volatility due to economic uncertainties, with the Nasdaq dropping by 0.47 percent. Grab Holdings Limited’s stock fell 10.39 percent, closing at $4.785 per share. Despite a 17 percent rise in revenue, Grab’s net income remained flat at $11 million,
The Untold Story Behind Sibanye Stillwater’s Stunning Turnaround
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The Untold Story Behind Sibanye Stillwater’s Stunning Turnaround

2025-02-21
Sibanye Stillwater faced a $311 million loss, yet its resilience and transformation story emerged stronger. Rising gold prices offered some relief amidst weak platinum group metal prices, acting as a financial lifeline. The company encountered significant market challenges, reinforcing the importance of
Alibaba’s Bold Leap into the AI Future Shakes Up the Market
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Alibaba’s Bold Leap into the AI Future Shakes Up the Market

2025-02-21
Alibaba is intensifying its focus on artificial general intelligence (AGI) under CEO Eddie Wu, aiming to lead in AI innovation. The company plans significant investments over three years in AI infrastructure, foundational models, and business AI solutions. Investor confidence is evident, with
Why Uber’s Shining Profits Might Dim Sooner Than You Think
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Why Uber’s Shining Profits Might Dim Sooner Than You Think

2025-02-21
Uber’s recent financial successes are partly due to $1.9 billion in one-time ‘unusual’ items, which won’t guarantee consistent future profits. A significant $5.8 billion tax benefit has also enhanced Uber’s reported earnings, but this is a one-time occurrence for the current financial
Micron’s Bold Forecast Triggers Global Semiconductor Shake-Up
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Micron’s Bold Forecast Triggers Global Semiconductor Shake-Up

2025-02-21
Micron Technology’s earnings forecast is reshaping the global semiconductor industry, revealing vulnerabilities among leading companies. Stock declines in Asian semiconductor giants, such as SK Hynix and Samsung, highlight concerns about industry stability. Supply constraints and pricing pressures, exacerbated by rising AI demand,
Financial Leap: CoreCard’s Surprising Profit Growth Outshines Expectations
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Financial Leap: CoreCard’s Surprising Profit Growth Outshines Expectations

2025-02-21
CoreCard’s net income increased by 61%, reaching $5.45 million, marking significant financial growth. Profit margin improved from 6.1% to 9.5%, driven by revenue growth to $57.4 million. Earnings per share (EPS) rose from $0.40 to $0.68, surpassing analyst expectations by 34%. Despite
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