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Economy

Nio stock price forecast: targets 20% surge as revenue, profits soar

Nio stock price surged to its highest point since December last year, continuing an uptrend that started earlier this year when it formed

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Economy

Precious metals fail to defend gains; experts see dip-buying for gold

Gold prices struggled to capitalise on gains from earlier in the day as the yellow metal fell below $5,200 per ounce once again. 

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Economy

Best stocks to invest in as Hormuz crisis sends oil majors higher

Oil majors are in the spotlight as the effective closure of the Strait of Hormuz forces traders to reprice supply risk, sending benchmark

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Economy

US CPI rises 0.3% in February; Fed seen holding rates

US consumer prices rose moderately in February, suggesting inflation remained contained before a recent surge in energy prices triggered by the conflict involving

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Economy

Amazon Zoox taps Uber platform to accelerate robotaxi rollout

Amazon’s autonomous vehicle company Zoox is preparing to bring its self-driving vehicles to the Uber app in Las Vegas this summer. The partnership

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Economy

US stocks mixed as Dow dips, Oracle surges on AI, inflation cools

The US stocks opened mixed on Wednesday as the Dow Jones edged lower, while the S&P 500 and Nasdaq posted modest gains. The

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Economy

Revolut is close to a UK banking licence: here’s what comes next

After four years of applications, regulatory back-and-forth, and an extended mobilisation period that has broken UK records for its length, Revolut is finally

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Gold

XLM tops gainers with 7% rally, bulls target $0.165 resistance

Stellar (XLM) is the best performer among the top 20 cryptocurrencies by market cap, up 7% in the last 24 hours. The coin

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Gold

Nexthop AI raises $500M at $4.2B valuation

Artificial intelligence infrastructure startup Nexthop AI has raised $500 million. The investment round, led by Lightspeed Venture Partners with participation from Andreessen Horowitz

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Gold

These are 4 AI chip stocks Citi wants you buying now

The AI infrastructure buildout isn’t slowing down, and Wall Street knows it. Citi analysts went through the semiconductor landscape after the latest earnings

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