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Oracle, a leading software maker, saw its shares spike by more than 12% to reach an all-time high following the announcement of cloud deals with Google and OpenAI. The database management company revealed plans to bring its database to Google’s cloud in November, as well as partnering with Microsoft and OpenAI to provide supplemental computing
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Broadway is currently experiencing a surge in ticket sales and attendance as the Tony Awards approach. The latest data shows that box office sales for the week ending June 9 were up 7% compared to the previous week. In total, the 35 shows on Broadway grossed an impressive $36,011,651. This marks a 16% increase over
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The United Auto Workers President, Shawn Fain, is currently under investigation by a federal court-appointed watchdog, Neil Barofsky. The investigation is focused on determining whether Fain misused his power as the union president. Additionally, union leaders, including Fain, are being accused of obstructing the investigation and impeding the watchdog’s access to crucial information. These actions
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Moderna, a leading biotech company, announced on Monday that its combination vaccine targeting both Covid-19 and the flu has shown to be more effective than standalone shots for these viruses in a late-stage trial. This groundbreaking development has the potential to revolutionize the way we approach vaccination against respiratory viruses. The concept of combination vaccines
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Godzilla x Kong: The New Empire has taken the global box office by storm, becoming the highest grossing movie in the Legendary and Warner Bros Monsterverse franchise with $570M worldwide. This surpasses the previous Monsterverse champion, 2017’s Kong Skull Island, which earned $568.6M. The film has brought in $373.7M internationally and $196.3M domestically, solidifying its
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Investors are eagerly watching the performance of off-price retailer Burlington Stores (BURL), as it continues to impress with its positive financial results. The first quarter of fiscal 2024 saw the company post upbeat numbers, leading to an increase in profit margin and earnings outlook for the full year. This positive news prompted Jefferies analyst Corey
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As per Jefferies’ latest report, the expected expansion of EBIT margins for IT companies in FY25 may not be as promising as initially anticipated. While there is hope for a substantial improvement in Tech Mahindra, other IT firms may only see a modest rise in margins. The report points out several challenges that could hinder
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