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CSX Corporation Declares Quarterly Dividend

JACKSONVILLE, Fla., July 17, 2026 (GLOBE NEWSWIRE) -- CSX Corp. NASDAQ:CSX announced that the Company’s Board of Directors approved a $0.14 per share quarterly dividend on the Company’s common stock. The dividend is payable Sept. 15, 2026, to shareholders of record at the close of business Aug. 31…

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AMD's AI Event Faces Customer Test

AMD NASDAQ:AMD could use its July 22 Advancing AI event to show investors that its AI chip push is moving beyond product roadmaps and into bigger customer wins.Jefferies analyst Blayne Curtis expects updates on AMD's MI500 GPUs, a CPU market opportunity that could top $200 billion and a possible sc…

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Apple Gets Buy Rating on AI Upgrade Cycle

Apple NASDAQ:AAPL was upgraded to Buy at HSBC, with the firm arguing that a stronger product pipeline and revamped Apple Intelligence could set up a major upgrade cycle.Analyst Nicolas Cote-Colisson raised his price target to $366 from $260. He pointed to Apple's relatively light AI spending, with…

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HSBC Upgrades Apple, Citing a Stronger Product Cycle Ahead

Apple (AAPL, Financials), the technology company behind the iPhone, Mac, iPad and a growing portfolio of services, received an upgrade from HSBC, with analysts saying the company appears to be approaching an important turning point.HSBC said Apple is entering a stronger operating cycle, reflecting…

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Netflix Drops 9.5% After Forecast Misses Expectations

Netflix Inc. NASDAQ:NFLX, the world's largest paid streaming service by subscribers and viewership, has projected a second consecutive quarter of slowing sales growth, increasing investor concerns about whether the company can regain momentum. Netflix expects current-quarter revenue of $12.9 billio…

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Intel Braces for a 15% Swing Ahead of Q2 Earnings

Intel (INTC, Financials), a U.S. semiconductor company that makes processors for personal computers, data centers and artificial intelligence systems, is heading into earnings with unusually high expectations.The company is scheduled to report second-quarter results on July 23. Options traders are…

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Alcoa Cuts 2026 Alumina Output Forecast to 9.5--9.6 Million Tons

Alcoa Corp. NYSE:AA, a Pittsburgh-based producer of aluminum and alumina, has lowered its 2026 alumina production forecast after operational problems at an Australian refinery reduced output. The company now expects alumina production of between 9.5 million and 9.6 million metric tons, compared wit…

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Coca-Cola Halts Fairlife U.S. Production After Ransomware Incident

The Coca-Cola Co. NYSE:KO, a global beverage company that owns the Fairlife milk brand, temporarily suspended Fairlife production operations in the U.S. after an unauthorized third party gained access to some of its production-related systems. Coca-Cola said the disruption was connected to a ransom…

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AMD AI Event Puts Spotlight on MI500

Advanced Micro Devices (AMD, Financials), a U.S. semiconductor company that designs processors and artificial intelligence accelerators for PCs, servers and data centers, is preparing for a pivotal week as investors look beyond its upcoming earnings report and focus on the company's Advancing AI co…

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SSR Mining Converts Hod Maden Stake Into a Royalty

SSR Mining NASDAQ:SSRM fell 0.85% premarket after the Denver-based precious metals miner, which runs four gold and silver mines across the US, Canada, and Argentina, completed the sale of its 20% stake in the Hod Maden development project in Turkey, converting the equity interest into a 4.0% net sm…

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Nvidia and AMD Hit by AI Selloff

AI and chip stocks were under pressure again Friday, with the selloff spreading from Japan to U.S. premarket trading.Japan's Nikkei 225 dropped 4%, led by some of the country's biggest semiconductor names. Kioxia plunged nearly 16%, Tokyo Electron fell about 8%, and Advantest lost around 7%. That w…

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Verizon Extends Cutbacks With Another Store Sale

Verizon Communications NYSE:VZ rose 1.30% intraday after the US wireless carrier said it will sell 274 company-owned stores and cut about 500 corporate jobs, deepening a restructuring under new CEO Dan Schulman. The store sale, effective August 16, will leave Verizon with roughly 1,000 company-owne…

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Nebius Raises $775 Million in First Secured Debt Deal

Nebius Group NASDAQ:NBIS rose 2.33% intraday after the Amsterdam-based AI cloud company announced its first senior secured debt facility, worth about $775 million, to fund the global buildout of its full-stack AI cloud platform. The facility is backed by deployed GPU infrastructure and contracted c…

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Early Warning Report Filed by McChip Resources Inc.

TORONTO, July 17, 2026 (GLOBE NEWSWIRE) -- McChip Resources Inc. TSXV:MCS (“McChip”), an Ontario corporation, triggered certain reporting thresholds in Matachewan Consolidated Mines, Limited (the “Issuer”) that require the filing of an early warning report under National Instrument 62- 103 – The Ea…

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Hingham Reports Second Quarter 2026 Results

HINGHAM, Mass., July 17, 2026 (GLOBE NEWSWIRE) -- HINGHAM INSTITUTION FOR SAVINGS NASDAQ:HIFS, Hingham, Massachusetts announced results for the quarter ended June 30, 2026.EarningsNet income for the quarter ended June 30, 2026 was $25,443,000 or $11.59 per share basic and $11.49 per share diluted…

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Matachewan Announces Board and Management Changes

TORONTO, July 17, 2026 (GLOBE NEWSWIRE) -- Matachewan Consolidated Mines, Limited TSXV:MCM.A (“Matachewan” or the “Company”) announces that, effective July 17, 2026, Mr. Richard (Bo) McCloskey has resigned as Chief Executive Officer and Director of Matachewan. The Company recognizes the many contri…

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Apple Overtakes Nvidia as Most Valuable Company

Apple NASDAQ:AAPL has reclaimed the title of the world's most valuable company, edging past Nvidia NASDAQ:NVDA as investors rotate back toward the iPhone maker's steadier growth story.Apple's market value reached about $4.87 trillion on Friday, narrowly topping Nvidia's $4.83 trillion. It is the fi…

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