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HPE surges 19% after Monday’s blowout earnings, closing its best day ever
CEO Antonio Neri told CNBC that the company is “uniquely positioned” to capture the disruption brought about by artificial intelligence.
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Farmers who gave land for Parandur airport face uncertainty
Many who parted with their land for Parandur airport are worried, as they don’t know whether the project would take off. They also demand assured jobs and more financial compensation
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High costs dampen summer for beverage companies
Companies are facing rising costs for both cans and glass bottles this summer, impacting beer and soft drink manufacturers. Supply disruptions from West Asia for aluminium cans and increased LPG costs have led to price hikes of 15-20% for packaging. Distributors anticipate a Rs 10 price increase for 300 ml Diet Coke cans.
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Marvell stock soars 32% as Nvidia’s Huang says it could be the next trillion-dollar company
Nvidia’s CEO, Jensen Huang, hailed this chip designer as the next trillion-dollar firm, sending its shares up sharply in early market trading.
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Cliffwater flagship private credit fund hit with 17% redemption requests
Fund with net assets of $31bn aimed at retail investors limits withdrawals in latest sign of exodus from sector
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