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ASML’s lowered forecast suggests factory overcapacity, not chip doom

Economy

PIMCO says UK budget unlikely to shock markets, gilts look attractive

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BofA sees biggest jump in investor optimism, growth expectations since 2020

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Emirates orders more Boeing 777F freighters, sources say

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Wall Street mixed as megacap tech stocks fall; banks gain

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Abbott bumps up profit forecast on strong medical device sales

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European tech, luxury stocks tumble as ASML, LVMH results disappoint

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Musk’s SpaceX sues California panel, alleges political bias over rocket launches

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Coinbase stock volatility to rise in coming months, Citi warns

Stock

General Motors to contribute $625 million to new JV with Lithium Americas

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