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Day: May 21, 2024

Business

AutoZone’s quarterly profit beats estimates on demand for car parts

May 21, 2024January 28, 2025

(Reuters) – AutoZone beat estimates for third-quarter profit on Tuesday, driven by strong demand for automotive parts as more Americans held on to their ageing

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Business

Robinhood lowers interest rate on margin loans in growth push

May 21, 2024January 28, 2025

By Niket Nishant (Reuters) – Trading app Robinhood Markets is lowering the rate of interest it charges on its margin loans, it said on Tuesday,

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Business

Amazon’s cloud unit pauses orders of Nvidia’s most powerful chip, FT reports

May 21, 2024January 28, 2025

(Reuters) – Amazon.com’s cloud services unit has paused orders of Nvidia’s most advanced “superchip” to wait for a more powerful new model, the Financial Times

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Business

Microsoft talks up tools for making AI software

May 21, 2024January 28, 2025

By Max A. Cherney SEATTLE (Reuters) – Microsoft talked up new tools on Tuesday aimed at encouraging programmers to build the AI-focused technology into Windows-related

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