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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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In the past year, Alibaba has faced a series of setbacks that have raised concerns about its future. The cancelation of its cloud computing unit’s public listing and the decline in its market value have highlighted the struggles the company is facing. Additionally, Alibaba received a record fine for alleged monopolistic behavior and has been
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