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Traders are skeptical of Iran timeline for Strait of Hormuz reopening
Despite reports Iran could return the passageway to normal traffic flows within a month of a peace deal, Kalshi traders thought that was unlikely.Read More...
Jamie Dimon says JPMorgan Chase could spend $20 billion on acquisition: ‘We are on the lookout’
A $20 billion deal would be among the largest in JPMorgan's history and could invite regulatory scrutiny given its position as the largest U.S. bank by assets.Read More...
Your AI agent can now trade for you on Robinhood. And buy stuff with your credit card too
The new products allow customers to create AI assistants capable of carrying out investing strategies or spending instructions with minimal human involvement.Read More...
Taiwan chip stocks climb after Nvidia announces $150 billion spending plans
Mainland China-based chip giants such as Cambricon saw their shares tumble on Wednesday.Read More...
China industrial profits jump 24.7% in April, fastest gain in over two years despite headwinds
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European companies double down on China manufacturing despite EU de-risking push
Low manufacturing costs in China are keeping many European businesses' supply chains in the country despite pressure in the EU to reduce overseas reliance.Read More...
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