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Powell to remain as Fed governor, denying Trump a key vacancy AxiosFed holds rates steady but with highest level of dissent since 1992 CNBC‘They left me no choice': Powell isn't going anywhere—blocking Trump from another Fed appointee FortuneThe Fed will have a new leader, but Powell isn't leaving and that puts Trump's low interest rates on ice The Boston Globe
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Meta stock drops on capex increase while Alphabet's cloud business grows faster than rivals Amazon and Microsoft
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Meta Stock Slides Despite Posting Fastest Revenue Growth Since 2021. AI Costs Keep Rising. Investor's Business DailyMeta stock drops on quarterly results as 'internet disruptions' in Iran drag down user numbers CNBCMeta stock sinks as company raises 2026 AI spending forecast to $125 billion-$145 billion Yahoo FinanceMeta Reports Big Revenue Jump and Projected Spending Increase WSJ
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Oil price soars to highest level since 2022 as US-Iran impasse shows no sign of resolution The GuardianView Full Coverage on Google News
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Meta earnings updates: Revenue beats estimate but stock drops as company expects capex spending increase Business InsiderMeta stock drops on quarterly results as 'internet disruptions' in Iran drag down user numbers CNBC2 key risks Meta warned investors about in its Q1 earnings report Yahoo FinanceMeta Shares Plunge on Escalating Concerns Over AI Spending Spree Bloomberg.com
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Alphabet Sales Beat Estimates on Google Cloud, AI Customers BloombergAlphabet ups 2026 capex to as much as $190 billion, expects to 'significantly increase' in 2027 CNBCGoogle and Microsoft Just Proved the AI Trade Is Alive—While OpenAI Is Sweating Yahoo FinanceGoogle Cloud revenue is now 18% of Alphabet's business. Is this the beginning of the end of Google's search identity? Fortune
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Fed holds rates steady amid sharp divide over policy easing bias ReutersFed holds rates steady but with highest level of dissent since 1992 CNBCJerome Powell Is Staying at the Fed. That Isn't Kevin Warsh's Biggest Problem. Barron'sPowell to remain as Fed governor, denying Trump a key vacancy AxiosFed officials poised to disse
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Ally Financial's net income rose by more than 20 percent during the third quarter, supported in part by the tax credits it captured from a new emphasis on writing car leases. But Ally's Q3 2024 earnings were hindered by a more than 50 percent decline in its auto finance pretax income.
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