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Loading… Loading… PayPal Holdings, Inc. PYPL shares,consolidating under $100 since April 2022, gained volume momentum in mid-January, sparking discussions on social media platforms and chatrooms, fueling speculation about its emergence as a new meme stock. Stock Trajectory: PayPals stock, regarded as a COVID-19 play during the pandemic, reached an intra-day record of $310.16 on July
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Brussels should incentivise Europe’s defence industry to ramp up production and promote consolidation, the president of the European Commission has said, as she warned that the “world has got rougher”. Ursula von der Leyen said
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Loading… Loading… Artificial intelligence is increasingly used by asset managers to help assess risk and make portfolio choices. And theres at least one institutional investor who believes hes hit on a model that can routinely beat benchmark indices. Doug Clinton, managing partner at Deepwater Asset Management, is embracing what the late Charlie Munger called sit
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The cleanup continues in the Northeast after a deadly noreaster blasted the region with more than a foot of snow on Tuesday, and it wont be long before another series of quick-hitting snow showers bring more winter weather to the region. The first storm system, an Alberta Clipper, brought snow to the Dakotas, Minnesota and Great Lakes on Wednesday and will continue to push
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A dozen victims of Jeffrey Epstein filed a lawsuit on Wednesday accusing the FBI of covering up its failure to investigate the late financier, enabling his sex trafficking to continue for more than 20 years. The victims, using Jane Doe pseudonyms, said the FBI received credible tips as early as 1996 that Epstein trafficked young
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Russian President Vladimir Putin has mercilessly trolled Tucker Carlson, making clear he was unimpressed with the interviewer’s softball questions during their recent sitdown in Moscow. “To be honest, I thought that he would behave aggressively and ask so-called sharp questions, Putin, 71, said in an interview in his homeland Wednesday when asked about Carlson. I
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Loading… Loading… PayPal Holdings, Inc. PYPL shares,consolidating under $100 since April 2022, gained volume momentum in mid-January, sparking discussions on social media platforms and chatrooms, fueling speculation about its emergence as a new meme stock. Stock Trajectory: PayPals stock, regarded as a COVID-19 play during the pandemic, reached an intra-day record of $310.16 on July
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Loading… Loading… The Biden Administration is calling on a long list of tech companies and banking firms to tackle the dangers of artificial intelligence (AI). Gina Raimondo, Secretary of Commerce, announced the creation of the U.S. AI Safety Institute Consortium (AISIC). The effort unites a whos who of AI developers with academics, researchers and civil
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Nothing melts our hearts like a health policy valentine. Readers made us swoon this season, writing poetic lines about prescription drug pricing, medical debt, primary care shortages, and more.  Here are some of our favorites, starting with the grand prize winner and first runner-up, whose entries were each turned into a cartoon by staff illustrator
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Recent events at the Texas border, with the Biden administration threatening to employ federal troops against Texas state officers, are the subject of impassioned conversations in the waiting rooms of our nations VA hospitals. As I sit in the waiting rooms and listen for my name to be called, I often strike up conversations with
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rishi Sunak’s pledge to “grow the economy” suffered a serious blow on Thursday as official figures showed Britain entered a technical recession at the end of 2023. Labour claimed the prime minister’s promises on the
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Loading… Loading… Altimeter Capital CEO Brad Gerstner confirmed Wednesday that his firm has taken a small position in PayPal Holdings, Inc. PYPL on Wednesday. The announcement came right on the heels of PayPals fourth-quarter financial earnings report. And, yes we own a small stake in $PYPL Whether we become bigger investors in $PYPL depends on
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