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June 3 (Reuters) – Tesla (TSLA.O) CEO Elon Musk’s “super bad feeling” about the economy could be the auto industry’s “canary in the coal mine” moment, signaling a recession for an industry whose bosses have shown no signs of concern. Musk said the electric carmaker needed to cut about 10% […]
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A quantum computer in a vibration-free building. Quantum computing will ultimately speed up the computational power that drives many industries and could affect everything from drug discovery to how data is secured. Oliver Berg | Picture Alliance | Getty Images Quantum computing was already gathering pace in Japan and elsewhere […]
Text size Zoom stock has taken a beating this year in a postpandemic world. Dreamstime Zoom has new upside potential thanks to the tech-market pullback, according to Daiwa Capital Markets, which says the videocommunication company’s core business demand is stabilizing. “Given the recent tech-market pullback and a market rerating of […]
A Peloton exercise bike is seen after the ringing of the opening bell for the company’s IPO at the Nasdaq Market site in New York City, New York, U.S., September 26, 2019. Shannon Stapleton | Reuters Inflation pressures, supply chain snarls and a resurgence of Covid are weighing on companies […]
The United Nations on Friday said humanitarian chief Martin Griffiths had frank and constructive discussions with Russian officials as part of U.N. efforts to reach a deal on agricultural exports amid an escalating food crisis. U.N. spokesman Stephane Dujarric told reporters that Griffiths held […]
Web Exclusive In the last few weeks alone, analysts at JP Morgan, Kotak Institutional Equities and Nomura had sounded caution on the IT sector, suggesting that the heydays may be over, at least for now Topics Indian IT Sector | hiring in IT sector | IT sector Puneet Wadhwa | New Delhi […]