Business

Dogecoin surges on Elon Musk’s Twitter deal

(Reuters) — Dogecoin surged more than 70% on Saturday, extending this week’s gains after Elon Musk sealed a $44-billion deal to take over Twitter last week. The Tesla Inc CEO, a vocal proponent of cryptocurrencies, has heavily influenced prices of dogecoin and bitcoin. Tesla started accepting…
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Poor report cards at US companies fan recession fears

(Reuters) —  U.S. companies from tech giants Alphabet and Microsoft to GE and toymaker Mattel on Tuesday reported big slowdowns in growth or warned things were going to get worse, fanning recession fears and driving down stocks. The rash of disappointing results points to a host of problems plaguin…
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Asian shares rise on hopes of rate hike slowdown

SINGAPORE (Reuters) — Asian shares edged higher on Wednesday as investors clung to hopes that the pace of U.S. and global rate hikes will start to slow, though U.S. futures dropped after disappointing results from tech giants Alphabet and Microsoft. E-mini futures for the S&P 500 fell 1% in ear…
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