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Under Armour recently announced its fiscal first-quarter results, which surpassed Wall Street expectations. Despite a decline in overall sales, the company’s earnings per share and revenue numbers were higher than anticipated. These positive results led to a 17% increase in the company’s stock price at the opening of trading. During the first fiscal quarter, Under
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As the presidential election approaches, voters are closely scrutinizing the personal finance policies of the candidates and their running mates. The recent announcements of Vice President Kamala Harris’s running mate, Minnesota Gov. Tim Walz, and former President Donald Trump’s choice, Sen. JD Vance of Ohio, have shed light on the economic agendas of both parties.
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In the technology industry, the need for clean energy to power data centers is becoming increasingly important as companies race to develop artificial intelligence. Data centers now require massive amounts of power, sometimes reaching gigawatt levels, which is comparable to the capacity of a nuclear reactor in the U.S. As the U.S. competes with countries
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An explosion of a hazardous goods container occurred on a cargo ship at China’s Ningbo port, owned by Taiwanese company Yang Ming Marine Transport Corp. Fortunately, there were no reported casualties or injuries as a result of the incident. The explosion took place on the YM Mobility ship, causing a fire which has since been
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JPMorgan Chase, the largest U.S. bank by assets, has recently unveiled a generative artificial intelligence assistant known as LLM Suite for tens of thousands of its employees. This move marks the initial phase of a broader plan to integrate this cutting-edge technology across the financial giant. The software, already accessible to over 60,000 employees, is
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