Category: finance
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Nokia CEO Justin Hotard Sees AI Supercycle Echoing 1990s Internet Boom — But Says It’s Not a Bubble
Nokia CEO Says AI Marks the Start of a Global Supercycle ESPOO, Finland, October 23, 2025 — Nokia CEO Justin Hotard believes the ongoing surge in artificial intelligence investment marks the beginning of a long-term “AI supercycle” comparable to the internet revolution of the 1990s. In an interview with Reuters, Hotard said that while some
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Taiwan Targets 2026 Growth Above 3% Amid Global AI Boom
Taiwan Confident in Surpassing 3% Growth Target in 2026 TAIPEI, October 23, 2025 — Taiwan’s government expects its economy to expand by more than 3% in 2026, boosted by booming global demand for artificial intelligence (AI) applications and continued strength in the semiconductor industry, according to Economic Affairs Minister Kung Ming-hsin. Speaking to reporters in
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Foreign Investors Flock to Japan Stocks as Sanae Takaichi’s PM Bid Sparks Stimulus Hopes
Foreign Investment in Japan Stocks Soars Ahead of Historic Prime Minister Vote TOKYO, October 23, 2025 — Global investors are pouring billions into Japanese equities as political momentum builds behind Sanae Takaichi, poised to become Japan’s first female prime minister. Anticipation of her victory — and her promise of pro-growth, fiscally accommodative policies — has
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Tesla Shares Dip as Profit Miss Raises Investor Concerns Amid Rising Costs and Tariff Pressures
Tesla Shares Dip as Profit Miss Raises Investor Concerns Amid Rising Costs and Tariff Pressures SEO Keywords: Tesla share price, Tesla stock falls, Tesla Q3 earnings, Elon Musk Tesla, Tesla profit miss, Tesla EV sales, Tesla Model Y, Tesla Model 3 price cuts, Tesla Trump tariffs, Tesla AI strategy, Tesla compensation vote, Tesla investors, EV
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Kering Share Price Rally Accelerates as Luca de Meo’s Turnaround Takes Shape
Kering Stock Surges on Positive Quarterly Results and Strategic Overhaul Paris, October 23, 2025 — Shares of French luxury powerhouse Kering (PRTP.PA) — owner of iconic brands including Gucci, Yves Saint Laurent, and Bottega Veneta — soared as much as 9% in early Paris trading on Thursday after reporting better-than-expected quarterly sales. The smaller-than-forecast revenue
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European Stocks Edge Higher on Strong Corporate Earnings and Energy Sector Gains
European Shares Gain Ground as Earnings and Energy Sector Drive Optimism London, October 23, 2025 — European stock markets climbed modestly on Thursday, supported by a flurry of upbeat corporate earnings and rising energy shares, even as investors monitored ongoing U.S.-China trade tensions and the latest Western sanctions on Russia. The pan-European STOXX 600 index
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Bank of Japan Warns of Overheating in Stock Market as Hedge Fund Activity Grows
BOJ Flags Signs of Stock Market Overheating Amid Record Nikkei Rally Tokyo, October 23, 2025 — The Bank of Japan (BOJ) issued a stark warning on Thursday, noting that Japan’s surging stock market is showing early signs of overheating. The central bank’s latest Financial System Report cautioned that rising speculation, fueled by foreign hedge funds
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Global Stocks Rise on Strong Earnings as Russia Sanctions Push Oil Prices Higher
Markets Rally on Corporate Earnings, Despite Global Headwinds London, October 23, 2025 — Global stock markets rebounded on Thursday as strong corporate earnings lifted investor sentiment, offsetting concerns over renewed geopolitical tensions and U.S. sanctions on Russia’s energy sector. Oil prices surged more than 3%, while European stocks rose, driven by optimism over better-than-expected earnings
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Zelenskiy Welcomes New U.S. and EU Sanctions on Russia’s Energy Sector, Urges Continued Pressure on Moscow
Ukrainian President Calls New Measures a “Very Important Step” Toward Ending the War Brussels, October 23, 2025 — Ukrainian President Volodymyr Zelenskiy praised the latest round of U.S. and European Union sanctions on Russia’s energy sector, calling them a “very important” development in the global effort to pressure Moscow into halting its full-scale invasion of
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Volvo Cars’ Shares Surge Over 25% as Profit Smashes Expectations Amid Cost Cuts and Tariff Relief
Volvo Cars Posts Stronger-Than-Expected Profit, Shares Jump to 18-Month High Stockholm, October 23, 2025 – Volvo Cars (VOLCARb.ST) delivered a surprise profit surge in the third quarter of 2025, driven by accelerated cost-cutting measures and strategic realignment under returning CEO Håkan Samuelsson, sending its shares soaring more than 25% — their best single-day performance in
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