Market Data 
Cadence Design Systems, Inc. (NASDAQ:) reported a robust first quarter in 2024, surpassing its own financial guidance with a total revenue of $1.009 billion. The company’s strong performance is backed by significant design activity in key technology areas and a record backlog that positions it…
XRP recently spiked by as much as 6% amid the market rebound, with the number of addresses holding at least 1 million tokens inching closer to a record high. The broader market resurgence has provided a platform on which several assets can stage a comeback. XRP is one such asset,…
University of Michigan standout Kris Jenkins Jr. wants to be known for more than just being his father’s son. The 22-year-old defensive tackle is one of the top players at his position entering the 2024 NFL Draft. In fact, he’s widely regarded as a projected second-round pick. To top it…
Saudi Aramco CEO Amin Nasser praised China for making solar panels and electric vehicles affordable.The West has recently stepped up criticism over China’s dumping of cheap green products on the global markets.Saudi Arabia is fostering closer ties with China and wooing Chinese investments and business partnerships. China’s green industries have…
China’s megacities are losing their appeal with some young workers, who are leaving them behind for smaller towns. Big chains like KFC and Luckin Coffee are following them.Shanghai and Shenzhen both saw a net outflow of people in 2023, according to data Bloomberg cited on Tuesday from MetroDataTech, a Shanghai-based…
FRANKFURT (Reuters) – The European Central Bank will cut interest rates in June but needs to be very cautious about subsequent moves and take into account signals from the U.S. Federal Reserves, ECB Vice President Luis de Guindos said in a newspaper interview. “Assuming there are no surprises between now…
“Adjust down” does not mean a selloff. It is simply basic investment…
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UK Manufacturing PMI contracted to 48.7 in April, missing estimates of 50.3.…
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Gold price drifts lower for the second successive day amid receding geopolitical…
POLITICS
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Joe Biden holds a big edge on the airwaves over Donald Trump in the opening weeks of their general election matchup. The president and his allies nearly tripled his rival’s network in ad spending over the past month and a half while Trump has had to devote millions of campaign funds to legal expenses. From March 6 – the day after Super Tuesday when Trump effectively secured the 2024 GOP presidential nomination – through Sunday, Biden’s campaign and other Democratic advertisers spent $27.2 million on advertising for the presidential race, while the Trump campaign and GOP advertisers spent about $9.3…
Anderson Cooper 360New York Times reporter and CNN senior political analyst Maggie Haberman explains the significance of David Pecker, the ex-publisher of the National Enquirer, taking the stand in the…
Ex-Nixon White House counsel on what Trump would likely have to address if he takes the stand Ex-Nixon White House counsel John Dean explains why he’s doubtful Donald Trump will…
Hackers targeted a wastewater treatment plant in Indiana on Friday evening, prompting plant managers to send maintenance personnel to investigate the suspicious activity, a local official told CNN. A Russia-linked…
Markets
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Cathay General Bancorp (NASDAQ:) experienced a 13.4% decrease in net income during the first quarter of 2024, reporting $71.4 million,…
Finance
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Donald Trump has always been a high-energy poster, but a new analysis from The Washington Post reveals just how online the former president is.According to an…
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BANGKOK (Reuters) – Thailand’s 500 billion baht ($13.51 billion) digital wallet stimulus…
Investing
Shares of Mitek Systems (MITK) have been under pressure since the company reported Q1 2024 results on April 15 that fell slightly short of expectations. Specifically, revenue and adjusted earnings for the period declined 19.2% and 54.8% year-over-year to $36.9 million and 14 cents per share, missing analysts’ projections for…
Economy
By Leika KiharaTOKYO (Reuters) -Bank of Japan Governor Kazuo Ueda said on…
Fintech
Ozempic influencers could soon be extinct on TikTok.The video platform is cracking…
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