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Wednesday 29-May-24
PDD Holdings reported stellar first-quarter results last week, sending its shares surging and driving its market-cap past that of rival Alibaba Group.
How Temu parent PDD dethroned Alibaba to become China's most valuable e-commerce company
The International Monetary Fund raised its forecast for China's growth this year to 5%, from 4.6% previously, due to "strong" first quarter figures and policy moves.
IMF upgrades China's growth forecast to 5% on 'strong' first quarter and policy measures
Donald Trump says he did not have sex with porn star Stormy Daniels, who was paid before the 2016 election to keep quiet about an alleged tryst.
Evidence against Trump in hush money case is 'overwhelming,' prosecutor tells jury in closing argument
CNBC's Jim Cramer on Tuesday told investors to be aware that Nvidia's rally may not continue.
Cramer examines the bull cases for Nvidia as it sets new highs
Delaying Social Security retirement benefits provides a guaranteed return unmatched elsewhere. Yet many are hesitant to take advantage of it.
‘It’s already highway robbery.’ Why people don’t wait to claim Social Security and what experts say
Former top FTX exec Ryan Salame who turned on Sam Bankman-Fried sentenced to 90 months in prison and ordered to pay more than $11 million.
FTX exec who turned on Sam Bankman-Fried sentenced to 7.5 years in prison
American said it expects unit revenues to fall as much as 6% in the second quarter from a year earlier.
American Airlines cuts outlook, says chief commercial officer is leaving
The Chevron-Hess deal was originally slated to close in the first half of 2024, but that timeline has been delayed due to a dispute with Exxon Mobil.
Hess shareholders approve $53 billion Chevron deal amid dispute with Exxon over Guyana assets
Jan Leike joined Amazon-backed Anthropic shortly after resigning from OpenAI.
OpenAI former safety leader Jan Leike joins rival AI startup Anthropic
HubSpot shares rose Tuesday after CNBC's David Faber reported that Alphabet is in talks about an all-stock bid for the company.
HubSpot shares jump on talks of potential Google deal
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