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Zoom shares saw a significant 13% increase in extended trading following the release of their fiscal fourth-quarter results, surpassing analysts’ expectations. The company reported earnings per share of $1.22, adjusted, outperforming the anticipated $1,15. Revenue also exceeded estimates at $1.15 billion, compared to the expected $1.13 billion. Despite a slight revenue increase of less than
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The Biden administration is setting its sights on transforming the United States into a significant player in the production of cutting-edge semiconductor chips by the year 2030. Commerce Secretary Gina Raimondo emphasized that this initiative is crucial not only for increasing national security but also for generating more job opportunities. According to Raimondo, the goal
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In a recent interview with CNBC, JPMorgan Chase CEO Jamie Dimon shared his thoughts on the proposed $35.3 billion takeover of Discover Financial by Capital One. Despite the potential consequences of the deal, Dimon remains unfazed by the prospect of increased competition in the credit card industry. He emphasized the importance of healthy competition, stating
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In recent updates, the World Health Organization (WHO) has highlighted the significance of revising infection prevention and control (IPC) guidelines for managing outbreaks of Ebola and Marburg disease. According to a summary of the recommendations provided by Victoria Willet, RN, and colleagues in The BMJ, past experiences during outbreaks have justified the need for a
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The discovery of record-breaking magnetic fields on Earth has left physicists baffled as they unlock the secrets hidden within particle interactions. This groundbreaking analysis conducted at the Relativistic Heavy Ion Collider (RHIC) has shed light on the incredible forces at work deep inside atoms. The interaction of magnetic fields with the quark-gluon plasma (QGP) has
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