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Alphabet "vulnerable" in recession as corporates cut advertising spend
(Alliance News) - Google parent company Alphabet disappointed with its fourth quarter results late Thursday, as investors fret about the resilience of its advertising-dependent business model during an economic downturn....
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Jefferies: ABB results "mixed" but focus is on missing order targets
(Alliance News) - Jefferies reiterated its 'hold' rating for ABB Ltd, after it said its mixed fourth quarter reslts will show "more support for the bears than the bulls."...
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Fresh US consumer, home sales data boosts soft-landing hope
(Alliance News) - Hopes of a soft-landing for the US economy were lifted by a gross domestic product beat, as well as signs that strains on consumers and the housing...
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Euro on rise as traders now see ECB as more hawkish than Fed
(Alliance News) - Market participants now believe the European Central Bank to be on more hawkish footing than its US counterpart, a prospect which once seemed unlikely and a far...
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Cost-of-living pressures knock UK retail sales in December
(Alliance News) - UK retail sales are estimated to have unexpectedly fallen in December, according to the latest data released by the Office for National Statistics on Friday. ...
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Market welcomes Netflix leadership shakeup, as subscriber growth jumps
(Alliance News) - Investors were feeling optimistic about the change in leadership at Netflix Inc announced on Thursday, and pleasantly surprised by a jump in subscriptions as the US firm...
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New Year euphoria for stocks gives way to US economic fear
(Alliance News) - A soft landing for the US economy in the face of Federal Reserve rate hikes may be a loftier goal than investors thought at the start of...
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ING warns of "more bad news" as Microsoft cuts 10,000 jobs
(Alliance News) - ING on Wednesday warned that "more bad news will be coming the month ahead", as reports that Microsoft Corp will be cutting 10,000 jobs weigh in....
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Just Eat Takeaway.com focus on profitability pays off but more to do
(Alliance News) - Just when Just Eat Takeaway.com NV decided to focus on achieving profit, following a pandemic-driven growth boom, the food delivery market was hit by food cost inflation...
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Experian shares "may drift" in short-term, analysts warn
(Alliance News) - Experian PLC on Tuesday said it delivered a financial third-quarter performance in line with expectations, but analysts warned that the company's shares may struggle in the short...
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