In an extraordinary turn of events, the Hong Kong stock market is witnessing an influx of capital from mainland Chinese investors, culminating in net purchases stretching beyond an astonishing 29.62 billion Hong Kong dollars. This figure, equating to approximately 3.81 billion USD, marks the most significant buying spree since the inception of the “connect” program,
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In a stark revelation, Oracle’s latest quarterly results have raised eyebrows among analysts and investors alike. With earnings per share reported at $1.47, slightly beneath the anticipated $1.49, it seems as though the tech giant is grappling with challenges that extend beyond mere numbers. Revenue also fell short of expectations, clocking in at $14.13 billion
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Sony Pictures’ decision to shift the release date of “A Big Bold Beautiful Journey” from May 9 to September 19 reflects a keen awareness of the competitive landscape at the box office. Instead of getting lost amidst heavyweights like Disney/Marvel’s “Thunderbolts,” which could ultimately overshadow smaller films, the late-summer slot offers a strategic advantage. By
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In a startling turn of events, Delta Air Lines has drastically reduced its revenue and profit forecasts for the first quarter, sending shockwaves through the travel industry. The company’s decision to scale back its expectations highlights not just its struggles but also signals a broader malaise affecting the aviation sector. Initially projecting an increase of
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