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[Breaking] Intel shares pop in early trading

In Today’s News

Tesla to LEAVE the car market? [sponsor]

Procter & Gamble tops estimates on resilient demand for beauty, hair-care products

(Reuters) -Procter & Gamble on Friday beat Wall Street estimates for first-quarter revenue and profit, helped by strong demand for its beauty and hair-care products amid higher prices and a broader slowdown in spending due to economic uncertainties.The Tide maker, a bellwether for the global consumer goods in …

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IBM says key quantum computing algorithm can run on conventional AMD chips 

SAN FRANCISCO (Reuters) -IBM said on Friday it is able to run a key quantum computing algorithm on commonly available chips from Advanced Micro Devices, in a step toward commercializing super-powerful computers.The U.S. stalwart is racing to develop quantum computing against Microsoft and Alphabet’s Google, w …

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Featured Article

Gold funds saw record weekly inflow as prices surged

Gold funds saw inflows of $8.7 billion in the week BofA said, putting the inflows over the last four months at $50 billion, larger than all inflows in the prior 14 years. Gold spiked to a record of $4,381.21 per ounce on Monday before retreating as investors booked profits and momentum trades unwound. It w …

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Other Headlines

Intel shares jump as investments, cost cuts catapult turnaround efforts

By Rashika Singh(Reuters) -Intel shares surged nearly 9% in premarket trading on Friday as investors rallied behind CEO Lip-Bu Tan’s aggressive cost-cutting measures that helped the chipmaker surpass quarterly profit estimates and regain stability amid a flurry of high-stakes bets on future growth.The results …

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