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Federal Reserve Governor Michelle Bowman recently changed her typically hawkish tone in regards to inflation. Despite acknowledging some positive progress in inflation in recent months, Bowman emphasized that inflation continues to remain “uncomfortably above” the central bank’s goal of 2%. She highlighted the need for patience and caution in responding to economic data, stating that
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Disney has once again solidified its position as a powerhouse in the entertainment industry, with the success of films like “Inside Out 2” and “Deadpool & Wolverine.” This comes after the company faced challenges and setbacks, including losing its status as the highest-grossing studio in 2023. However, with the recent box office hits, Disney has
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In the premarket trading, the stock of Taiwan Semiconductor rose about 1% due to the reported strong July revenue, which represented an increase of nearly 45% year-over-year. This indicates positive performance and growth for the company. The Trade Desk Shares of The Trade Desk gained nearly 4% after beating analyst second-quarter estimates and raising its
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E.l.f. Beauty’s recent quarterly performance has been impressive, with a 50% gain in sales in its fiscal first quarter. This comes after a remarkable 76% jump in the year-ago period. However, the company’s post-earnings conference call hinted at potential challenges ahead, as they anticipate higher container and transportation costs in FY25. Despite a 3.4% rise
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Apple is considering charging its users up to $20 for access to advanced artificial intelligence features. The company plans to introduce its Apple Intelligence system later this year, with enhanced Siri voice assistant capabilities and the ability to automatically generate emails and images. Although these features will be gradually rolled out, users in certain regions,
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