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Salesforce Bets $1 Billion on Switzerland AI

Salesforce NYSE:CRM said it will invest $1 billion in Switzerland over the next 5 years as the software company pushes deeper into agentic AI across Europe.The investment will support Salesforce's local workforce, customer and partner ecosystem, and AI skills programs in Switzerland. The announceme…

GuruFocus en_IN
StocksCH
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Why Micron Technology Stock Is Falling Today

Micron Technology NASDAQ:MU shares dropped more than 5% in Tuesday premarket trading after Samsung Electronics posted preliminary second-quarter results that, despite showing sharp earnings growth, did little to calm investor concerns about the durability of AI-driven memory demand.The broader memo…

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StocksKRUS
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WiseTech Jumps 11% After Founder Richard White Steps Down as Chair

WiseTech Global (WIGBY), an Australian software maker that automates the global logistics industry, saw its shares rise as much as 11% in Sydney after billionaire founder Richard White stepped down as chair. Investors appeared to welcome the decision as a possible step toward easing the company's l…

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StocksAU
NEWS gurufocus

Antilles Gold Offers Control Sale To Lift Cuba Sanctions

Antilles Gold Ltd. (ANTMF), an Australian miner developing a gold and copper project in Cuba, has proposed selling a controlling interest in its Cuban joint venture mine to a US investor as it seeks a possible path to lift US sanctions. The company said chairman Brian Johnson submitted a proposal t…

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StocksAU
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Samsung's 19-Fold Profit Surge Fails to Stop 10% Stock Drop

Asian technology stocks came under pressure after Samsung Electronics (SSNLF), the world's largest memory chipmaker, reported quarterly profit that surged 19-fold on strong AI demand but exceeded analyst estimates by only 6%. Investors appeared to use the results as a reason to take profits after a…

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indexStocksJPKR

Micron Bet Powers Appaloosa's Big First Half

Micron Technology NASDAQ:MU helped power a 32% first-half surge for David Tepper's Appaloosa Management as hedge fund gains clustered around AI memory stocks.Bloomberg reported that Appaloosa, which manages about $23 billion, generated all of its gains in Q2, driven by bets on Micron, Samsung Elect…

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ETFsStocksUS
zacks

Are Options Traders Betting on a Big Move in Acadia Healthcare Stock?

Investors in Acadia Healthcare Company, Inc. ACHC need to pay close attention to the stock based on moves in the options market lately. That is because the Sept. 18, 2026 $5 Call had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility sho…

Zacks en_IN
StocksUS
NEWS gurufocus

Bain-Backed York Weighs M&A Ahead of Planned 2028 IPO

York Holdings, the Japanese supermarket and stores business acquired by Bain Capital from Seven & i Holdings (SVNDY) last year, is preparing for a more active expansion phase as the retailer weighs potential mergers and acquisitions if attractive targets become available. Naofumi Nishi, a York dire…

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StocksJP
NEWS tmx_newsfile

Trans Mountain Reaches Settlement Agreement with Shippers

Calgary, Alberta--(Newsfile Corp. - July 7, 2026) - Trans Mountain Corporation ("Trans Mountain") announced today that it has filed a negotiated Settlement with the Canada Energy Regulator ("CER") covering tolling, tariff and service-related matters on the Trans Mountain Pipeline System ("System"…

TMX Newsfile en_IN
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JPMorgan Cuts Yuan Bets Despite 3% Gain, Eyes New Currency Winners

JPMorgan Asset Management NYSE:JPM, the $4.3 trillion global money manager, has trimmed its long yuan positions against the dollar in recent weeks as the currency's earlier strength begins to lose momentum. Julio Callegari, the firm's chief investment officer for Asia fixed income, said the move re…

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Forex
trading-economics

Costa Rica Extends Deflation in June

Costa Rica's consumer prices fell 0.32% year-on-year in June 2026 after declining 0.97% in May, extending the country's deflationary trend.The largest price declines were recorded in food and non-alcoholic beverages (-3.7%), clothing and footwear (-2.3%), and furniture and household services (-1.6…

Trading Economics en_IN
Economy

Vertex Pays $10 Billion to Enter Rare Endocrine Disease

Vertex Pharmaceuticals NASDAQ:VRTX fell 0.30% in premarket after the cystic fibrosis and pain drug maker announced an all-cash acquisition of Crinetics Pharmaceuticals NASDAQ:CRNX, a San Diego-based specialty endocrinology company, for $85 per share, or $10 billion in equity value and $8.8 billion…

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