President Joe Biden expressed his hopes for a cease-fire in the Israel-Hamas conflict by the following week during a press conference in New York City. He mentioned that his national security advisor has informed him that the negotiations are close, but not yet finalized. The White House has been actively engaging in cease-fire negotiations, with
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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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