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Walgreens recently released its fiscal second-quarter report, showcasing a mixed bag of results. While the company reported sales that surpassed analyst expectations, it lowered the high end of its full-year adjusted earnings outlook. A challenging retail environment in the U.S. was cited as a key factor contributing to this adjustment. The sizable net loss incurred
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A groundbreaking new company, iFi AI, is set to revolutionize the way individual traders approach investing by harnessing the power of artificial intelligence. Unlike traditional investment strategies, iFi AI will utilize AI models to generate projected returns for stocks over various time frames. This cutting-edge approach aims to provide traders with valuable insights to help
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Winning the $1.128 billion Mega Millions jackpot is a dream come true for many, but the excitement might be short-lived once the taxman comes knocking. Experts warn that the winner will face significant tax implications, regardless of whether they choose the annuitized prize or the lump-sum payout. Before the lucky winner receives a penny of
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The exorbitant prices of blockbuster drugs like Ozempic, used for diabetes treatment, have been a point of contention across the pharmaceutical industry. A recent study conducted by researchers at Yale University, King’s College Hospital in London, and Doctors Without Borders has shed light on the manufacturing cost of Ozempic, suggesting that it could be produced
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Mumbai has emerged as the Asian capital with the highest number of billionaires, surpassing Beijing and Shanghai, according to the latest Hurun Research Institute global rich list. This marks a significant shift in the balance of wealth in Asia, with Mumbai now boasting 92 billionaires, putting it ahead of other major Asian cities. The global
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The recent surge in H&M’s shares by 14% following the release of its first quarter results highlights the company’s ability to surpass profit expectations. With an operating profit of 2.08 billion Swedish kronor, exceeding the forecasted 1.43 billion kronor, H&M showcased a significant improvement in its operating margin, which rose from 1.3% to 3.9%. Despite
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BJ’s Wholesale Club recently announced its plans to open four new clubs in the Southeast and one in the Midwest. This decision comes as the company aims to expand its reach and attract more members in a competitive membership warehouse market. The new stores are set to open in Maryville, Tennessee; Myrtle Beach, South Carolina;