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Insurers Aim to Boost Rates
Severe storms that brought hail and high winds to places such as Texas and states in the central U.S. are wreaking havoc on insurers’ profits.
Home Sales Fall Amid High Mortgage Rates, Low Supply
Existing home sales, which make up most of the housing market, decreased 3.3% in June from the prior month to a seasonally adjusted annual rate
Tesla's AI Hype Collides With Reality
Elon Musk leaned into perceptions of Tesla as a leader in artificial intelligence on Wednesday’s earnings call, but didn’t signal concrete progress on self-driving technology
American Airlines Raises Profit Outlook as Demand for Trips Abroad Heats Up
The airline said quarterly sales rose almost 5% from a year ago and above analysts’ expectations. Source link
TSMC Delays Start of First Arizona Chip Factory, Citing Worker Shortage
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Tesla's AI Hype Collides With Reality
Elon Musk leaned into perceptions of Tesla as a leader in artificial intelligence on Wednesday’s earnings call, but didn’t signal concrete progress on self-driving technology
Blackstone’s quarterly earnings slump 39% as asset sales plummet By Reuters
© Reuters. FILE PHOTO: The ticker and trading information for Blackstone Group is displayed at the post where it is traded on the floor of
Blackstone Reaches $1 Trillion in Assets
The private-equity firm is the first among its publicly traded peers to hit that mark. Source link
Tesla, Netflix earnings; Apple reportedly tests AI tools
© Reuters Investing.com — Tesla (NASDAQ:) and Netflix (NASDAQ:) shares fall, weighing on the Nasdaq, following the latest earnings from the big-name tech brands. Meanwhile,
European stocks mixed; corporate earnings in focus By Investing.com
© Reuters. Investing.com – European stock markets traded in a mixed fashion Thursday, as investors digested more corporate earnings with the tech sector particularly fragile