Nokia To Cut 14K Jobs

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🇫🇮 🇫🇮 BREAKING: Nokia to cut up to 14,000 jobs after profit plunges

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TSMC: Profits Decline

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🇹🇼 🇹🇼 BREAKING: Taiwan Semiconductor GAAP EPADR of $1.29 beats by $0.13, revenue of $17.28B beats by $580M

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Barclays Pushes Fed Rate Hike To Dec

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🚨 🚨 Barclays pushes back next Fed rate hike timing to December. “We continue to think, however, there is a strong case for at least another rate hike, assuming that longer-term yields do not continue to rise sharply”

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BOJ Raises Economic Assessment

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🇯🇵 🇯🇵 BOJ raises economic assessment for 6 of Japan’s 9 regions in latest Sakura report

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BofA Holding $131.6 Billion Of Bond Paper Losses

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🚨 🚨Bank Of America says it has unrealized losses of $131.6 billion on the bonds it plans to hold to maturity

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Bain: Global Wealth Management Market To Double

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🚨 🚨 Bain & Co. estimates that the global wealth market will double in size, to $230 trillion, by the end of the decade, with $254 billion in new revenue up for grabs for financial institutions catering to the rich

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Ringgit Falls To 25-Year Low

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🇲🇾 🇲🇾 BREAKING: Ringgit Falls to 25-Year Low, the Worst Performer in Asia After Yen This Year. The currency dropped by 0.3% to 4.7635 per dollar, the weakest since 1998

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Total US Debt Now At $3.649 Trillion

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🇺🇸 🇺🇸 Total US Debt is now $33.649 trillion, up $58 billion in one day and up $604 billion in one month… up $20 billion every day, up $833 million every hour

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Money Never Sleeps

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Nvidia: A Drop Is Fantastic

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🇺🇸 🇺🇸 In the 2nd quarter of fiscal ’24, Nvidia saw its revenues double from the same quarter a year ago, and around 88% sequentially
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