10 February

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Analysis: Japan’s Nikkei seen rallying beyond 30,000, with or without BOJ By Reuters

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By Kevin Buckland and Hideyuki Sano TOKYO (Reuters) - Japan's Nikkei stock average looks set to extend its rally beyond the psychological barrier of 30,000 for the first time in three decades, analysts say, even without the help of the central bank's massive fund-buying programme. The benchmark index has soared almost 30% since November, outperforming peers in North America and Europe, as...

10 February

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Musk’s bitcoin bet fuels gains in companies already invested By Reuters

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By Noel Randewich (Reuters) - Shares of companies that have invested in bitcoin have vastly outperformed on Wall Street in 2021 and are extending their gains thanks to Tesla's $1.5 billion bet on the soaring digital currency. The price of bitcoin hit a record high over $48,000 on Tuesday in a two-day surge after Tesla said on Monday that it had...

10 February

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Thyssenkrupp raises full-year forecast on automotive recovery By Reuters

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FRANKFURT (Reuters) - German conglomerate Thyssenkrupp (DE:TKAG) on Wednesday raised its full-year outlook for sales, cash flow and profits, citing improved demand for automotive components and materials. "In a continuing uncertain market environment, we had a good first quarter: we're noticing signs of an economic recovery and our measures to improve performance in the businesses are starting to bear fruit," Chief Executive...

10 February

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Apple partners with TSMC to develop micro OLED displays for AR devices – Nikkei By Reuters

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(Reuters) - Apple Inc (NASDAQ:AAPL) has partnered with Taiwan Semiconductor Manufacturing Co to develop micro OLED displays, which it plans to use in its upcoming augmented reality (AR) devices, Nikkei Asia reported on Wednesday. Apple is collaborating with TSMC, the sole supplier of iPhone processors, as micro OLED displays are far thinner, smaller and use less power, making them more suitable for...

10 February

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Profits aside, GM’s EV plans are driving a now-rising stock By Reuters

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By Ben Klayman DETROIT (Reuters) - General Motors Co (NYSE:GM) is expected to report a healthy fourth-quarter profit on Wednesday thanks to strong demand for gas-burning pickup trucks and SUVs, but the company's future electric vehicles are now driving the stock, shareholders and analysts said. Since November, when Chief Executive Mary Barra outlined plans to boost spending on electric vehicles, GM shares...

10 February

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SocGen posts better-than-expected Q4 profit, lags in debt trading By Reuters

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PARIS (Reuters) - France's Societe Generale (PA:SOGN) on Wednesday posted better-than-expected fourth quarter profits as it set aside less than expected in charges linked to the COVID-19 pandemic, offsetting a drop in equity and fixed-income trading revenue. The Paris-based lender, which is under pressure to boost its profitability, said in a statement net income dropped by 28% to 470 million...

10 February

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Uber Profit, Oil Stocks, Consumer Prices: 3 Things to Watch By Investing.com

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By Liz Moyer Investing.com -- Twitter propelled big tech stocks higher on Tuesday, pushing the NASDAQ Composite to a new high above 14,000, yet another in a string of daily milestones in the last week. The anticipation was over Twitter Inc (NYSE:TWTR)’s quarterly earnings, due to be reported later in the afternoon, after the closing bell. Stocks also gained on...

10 February

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Fiserv Earnings beat, Revenue misses In Q4 By Investing.com

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Fiserv (NASDAQ:FISV) reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations. Fiserv announced earnings per share of $1.3 on revenue of $3.62B. Analysts polled by Investing.com anticipated EPS of $1.29 on revenue of $3.73B. Fiserv shares are down 0% from the beginning of the year and are trading at $113.51 ,...

10 February

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Cisco Earnings, Revenue Beat in Q2 By Investing.com

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By Yasin Ebrahim Cisco (NASDAQ:CSCO) reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations. Cisco fell 3% following the report. Cisco announced earnings per share of 79 cents on revenue of $11.96 billion. Analysts polled by Investing.com anticipated EPS of 75 cents on revenue of $11.92 billion. "We are seeing encouraging signs of strength across our...

10 February

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UK COVID lending risks creating zombie firms, think tank warns By Reuters

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By David Milliken LONDON (Reuters) - Britain's government has risked creating a legion of 'zombie' companies by encouraging banks to lend 45 billion pounds ($62 billion) to small businesses with a 100% state guarantee during the COVID pandemic, a leading think tank warned on Wednesday. The Resolution Foundation said most of the support given by the government to businesses and workers was...

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Analysis: Japan’s Nikkei seen rallying beyond 30,000, with or without BOJ By Reuters

Musk’s bitcoin bet fuels gains in companies already invested By Reuters

Thyssenkrupp raises full-year forecast on automotive recovery By Reuters

Apple partners with TSMC to develop micro OLED displays for AR devices – Nikkei By Reuters

Profits aside, GM’s EV plans are driving a now-rising stock By Reuters

SocGen posts better-than-expected Q4 profit, lags in debt trading By Reuters

Uber Profit, Oil Stocks, Consumer Prices: 3 Things to Watch By Investing.com

Fiserv Earnings beat, Revenue misses In Q4 By Investing.com

Cisco Earnings, Revenue Beat in Q2 By Investing.com

UK COVID lending risks creating zombie firms, think tank warns By Reuters

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