Category: finance
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Home Depot Lowers Full-Year Profit Forecast Amid Tepid Consumer Demand
Home Depot Cuts Profit Forecast Amid Weak DIY Demand BENGALURU, November 18, 2025 – Home Depot (HD.N) on Tuesday lowered its full-year profit forecast, citing sluggish demand for big-ticket renovations and do-it-yourself (DIY) projects, as economic uncertainty driven by tariffs continues to weigh on U.S. consumers. CEO Ted Decker highlighted that ongoing consumer uncertainty and
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Barry Callebaut Partners with NotCo AI to Innovate Chocolate Recipes Amid Rising Cocoa Prices
Barry Callebaut to Harness AI for Chocolate Innovation ZURICH, November 18, 2025 – Switzerland’s Barry Callebaut (BARN.S) announced on Tuesday a strategic partnership with Chilean start-up NotCo AI to incorporate artificial intelligence into chocolate recipe development. The move comes as global cocoa prices hover near record highs and demand for cocoa products faces pressure. AI-Driven
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Nvidia Earnings Could Spark $320 Billion Market Swing Amid AI Boom
Nvidia Earnings Set to Trigger Historic $320 Billion Market Move NEW YORK, November 18, 2025 – Nvidia Corporation (NVDA) is poised for a historic post-earnings market move, with investors anticipating a $320 billion swing in market capitalization as the world’s leading AI chipmaker reports quarterly results on Wednesday. Options data suggest the stock could move
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Target Faces Market Share Loss and Weak Sales Amid U.S. Government Shutdown
Target Prepares for Challenging Quarter as Sales Drop Amid U.S. Shutdown NEW YORK, November 18, 2025 – Retail giant Target Corporation (TGT) is bracing for a tough third quarter as economic uncertainty and the prolonged U.S. government shutdown impact consumer spending. Analysts expect the retailer’s same-store sales to decline, highlighting operational challenges and growing competition
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Industry Calls for Pragmatic EU Chips Act 2.0 to Boost Semiconductor Competitiveness
Industry Advocates Pragmatic EU Chips Act 2.0 to Close Semiconductor Gap with US and China AMSTERDAM, November 18, 2025 – SEMI Europe, the trade group representing hundreds of European semiconductor firms, has called on the European Union to implement pragmatic reforms under a revised Chips Act 2.0, aiming to boost Europe’s competitiveness in semiconductor manufacturing
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PDD Holdings Reports 9% Quarterly Revenue Growth Driven by Temu and Pinduoduo
PDD Holdings Sees 9% Quarterly Revenue Increase on Temu and Pinduoduo Sales November 18, 2025 – China’s PDD Holdings (PDD.O), the parent company of the Temu and Pinduoduo e-commerce platforms, reported a 9% year-on-year increase in quarterly revenue, reflecting growing consumer demand driven by aggressive pricing strategies and promotional campaigns. For the third quarter ended
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Alibaba Launches Major Qwen AI Chatbot Upgrade, Expanding Consumer AI Reach
Alibaba Launches Advanced Qwen AI Chatbot, Targeting Consumer Market BEIJING, November 18, 2025 – Alibaba Group (9988.HK) has announced a major upgrade to its Qwen AI chatbot, signaling a strong push into the consumer artificial intelligence (AI) market, where the company has historically lagged behind competitors. The upgraded Qwen app, powered by the latest iteration
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EU Launches Probes Into Amazon and Microsoft Cloud Services Under Digital Markets Act
EU Investigates Amazon and Microsoft Cloud Services for Potential Antitrust Violations BRUSSELS, November 18, 2025 – The European Commission has launched three market investigations into cloud computing services offered by Amazon (AMZN.O) and Microsoft (MSFT.O), under the Digital Markets Act (DMA). The probes aim to assess whether the tech giants’ cloud platforms should be designated
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Amazon Plans $15 Billion U.S. Bond Sale to Fund AI Expansion
Amazon to Raise $15 Billion in U.S. Bond Sale to Accelerate AI Investments November 17, 2025 – Amazon.com Inc. (AMZN.O) announced plans to raise $15 billion in its first U.S. dollar bond offering in three years, signaling the e-commerce and cloud computing giant’s aggressive push into artificial intelligence (AI) infrastructure. The filing with the Securities
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Google CEO Sundar Pichai Warns of Potential AI Bubble Risks
LONDON, November 18, 2025 – Alphabet Inc. (GOOGL.O) CEO Sundar Pichai cautioned that no company would escape unscathed if the ongoing artificial intelligence (AI) boom were to collapse. Speaking in an interview with the BBC, Pichai highlighted both the excitement and the risks associated with the rapid surge in AI investment and valuations. “This is
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