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In a notable reveal, Volkswagen announced a staggering 15% year-on-year decline in operating profit, illustrating how tumultuous the automotive landscape has become. An ongoing trend appears to be the glaring contrast between revenue achievements and underlying profitability, with the giant posting a revenue of 324.7 billion euros ($352.8 billion) for 2024, a slight increase from
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The financial pulse of Hong Kong’s stock market is beating distinctly faster as mainland Chinese investors dive headfirst into its tech-laden offerings. With an astounding record of 29.62 billion Hong Kong dollars ($3.81 billion) in net purchases reported recently, an unprecedented wave of capital has surged through the Hang Seng Index. This figure marks the
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In a striking move that has shocked education advocates and borrowers alike, former President Donald Trump issued an executive order that significantly alters eligibility criteria for the Public Service Loan Forgiveness (PSLF) program. While Trump’s administration framed this decision as a necessary step in combating “illegal immigration” and “human trafficking,” it raises grave concerns about
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In a fervently competitive tech landscape, Oracle’s recent quarterly earnings report stands as a sobering reminder of the challenges that even giants face. With earnings per share (EPS) coming in at $1.47—two cents short of expectations—and revenue reaching $14.13 billion against forecasts of $14.39 billion, the company’s numbers reflect a troubling divergence from analyst predictions.
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As the political landscape becomes increasingly tumultuous, characterized by trade wars and economic uncertainty, investors are understandably jittery. Last week, the stock market felt the ripple effects of the Trump administration’s aggressive tariff policy, causing noteworthy volatility across major indices. In times like these, finding a beacon of hope can be challenging, but dividend stocks
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