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Month: May 2025

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Musk-Backed Cuts Hit Washington

May 28, 2025

Welcome to today’s edition of Investing Wealth Daily — where market headlines meet investor-ready insights. RTX CEO Says Strike Will Hit Q2 Cash Flow Pratt

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Musk criticizes Trump tax bill: can’t be both big and beautiful

Musk criticizes Trump tax bill: can’t be both big and beautiful

May 28, 2025

WASHINGTON (Reuters) -Billionaire Elon Musk has criticized President Donald Trump’s “big, beautiful” tax and spending bill, saying it detracts from his efforts to shrink the

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White House to send Congress small package of DOGE spending cuts

White House to send Congress small package of DOGE spending cuts

May 28, 2025

By Nandita Bose, Bo Erickson WASHINGTON (Reuters) -The White House intends to send Congress a small package as early as next week to formalize cuts

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Chevron investors reject stockholder proposals on human rights, renewable energy
Business

Chevron investors reject stockholder proposals on human rights, renewable energy

May 28, 2025

HOUSTON (Reuters) – Chevron shareholders voted against three stockholder proposals that included a call to commission a third-party report on the company’s human rights practices,

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RTX CEO says Pratt & Whitney strike will weigh on second-quarter cash flow
Business

RTX CEO says Pratt & Whitney strike will weigh on second-quarter cash flow

May 28, 2025

(Reuters) -The weeks’ long strike by 3,000 U.S. Pratt & Whitney engine workers will constrain cash flow during the second quarter, but the aerospace and

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Newsletters

Musk to Deliver Mars Update Before Starship Relaunch

May 27, 2025

Unsubscribe Today’s trading cues, AI signals, and how macro shifts could impact your next move. Editor’s Note Today’s edition brings insight into Snowflake’s Olympic debut,

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TSMC still evaluating ASML’s ‘High-NA’ as Intel eyes future use
Business

TSMC still evaluating ASML’s ‘High-NA’ as Intel eyes future use

May 27, 2025

By Nathan Vifflin AMSTERDAM (Reuters) -Taiwan Semiconductor Manufacturing Co (2330.TW), the world’s largest contract chipmaker, is still assessing when it will use ASML’s cutting-edge high

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Elon Musk plans Mars talk ahead of first Starship launch since test failures

Elon Musk plans Mars talk ahead of first Starship launch since test failures

May 27, 2025

By Joey Roulette WASHINGTON (Reuters) -Elon Musk was expected on Tuesday to present an update on SpaceX’s plan to launch missions to Mars ahead of

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Nvidia earnings to reveal hit from US export curbs on China
Business

Nvidia earnings to reveal hit from US export curbs on China

May 27, 2025

By Arsheeya Bajwa (Reuters) – Nvidia investors will look for definitive answers on how much U.S. chip curbs on China will cost the company when

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Olympics-LA28 brings on Snowflake as data collaboration provider
Business

Olympics-LA28 brings on Snowflake as data collaboration provider

May 27, 2025

(Reuters) -Data cloud analytics company Snowflake has been appointed the official data collaboration provider for the 2028 Olympic and Paralympic Games in Los Angeles as

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