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In a surprising turn of events, tech companies, spearheaded by Apple, managed to ignite the stock market on Thursday. After facing significant losses earlier in the trading session, the Dow Jones Industrial Average made an impressive comeback, adding 201.94 points or 0.54%, to finish at 37,468.61. Meanwhile, the tech-heavy Nasdaq Composite surged by 1.35% to
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Goldman Sachs, a major investment bank, has expressed its bullish stance on the technology sector, particularly Asian tech hardware stocks. In a recent note, the bank highlighted various opportunities in the industry, emphasizing key factors such as cyclical recovery, artificial intelligence, and the impact of geopolitical conditions. Goldman Sachs’ analysts, led by Daiki Takayama, believe
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In a significant blow to Boeing, the Federal Aviation Administration (FAA) has ordered a temporary grounding of dozens of Boeing 737 Max 9 aircraft. This directive comes after a piece of a plane blew out during an Alaska Airlines flight, prompting an investigation by the National Transportation Safety Board. The FAA’s emergency airworthiness directive affects
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