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The listing gives public investors their first direct stake in Ackman's investment platform, which runs a concentrated portfolio of 10 large-cap names.
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Meta lifts capital expenditure forecast, doubling down on AI push Yahoo FinanceMeta's Reality Labs lost over $4 billion in first quarter CNBCMeta beats estimates but soaring AI spending rattles investors Yahoo! Finance CanadaMeta Raises Outlook for Capital Spending in 2026; Shares Slide Bloomberg.com
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S&P 500 is little changed as oil rises, traders brace for Fed decision and Big Tech earnings: Live updates CNBC‘All-In Wednesday' to Test Stock Market Where ‘Everyone's Long' Bloomberg.comFed Meeting Live: Markets Await Powell's Last Interest-Rate Decision as Chair WSJStock Market Today: Dow falls over 300 points, S&P 500 edges lower, while Nasdaq wavers ahead of Fed decision and tech earnings MarketWatch
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Amazon Reports Biggest Cloud Sales Jump Since 2022 on AI Demand (AMZN) Bloomberg.comAmazon set to report first-quarter earnings after the bell CNBCAmazon Q1 2026 earnings beat as AWS growth hits 15-quarter high qz.comAmazon reports increased in profits and sales for 1Q Yahoo Finance
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US lawmakers questioning Pete Hegseth about Iran war - follow live BBCTrump Live Updates: Hegseth and Caine Testify at Pentagon Budget Hearing The New York TimesHegseth defends Iran war's mission, costs in first testimony since conflict began CNBCPentagon leaders place $25 billon price tag on Operation Epic Fury Breaking Defense
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This year is shaping up to be a milestone moment for state income taxes after last year's massive changes to federal income taxes.
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Disruption. It's coming for the U.S. dollar in the form of digital currency. Last week the Biden administration detailed a broad plan for adopting a central bank digital currency (CBDC) in the coming years. The Departments of Energy, Commerce, the Treasury, and other agencies weighed in on how to manage and regulate a CBDC.
The government is reacting in part to the explosive growth of digital currencies. About three out of ten U.S. adults currently invest in some form of cryptocurrency, or "crypto," like Bitcoin or Ethereum. These digital "coins" rely on a decentralized network of computers to verify financial transactions, cutting out third parties like banks or credit cards.
The good, the bad, and the ugly of crypto
Advocates of crypto point to its affordability, efficiency, and its ability to reach consumers with little or no access to traditional banking services. With just a mobile phone or a crypto ATM, consumers can easily send and receive digital currency, even across international borders.
On the other hand, crypto is still largely unregulated and volatile. Investors in Bitcoin, for example, saw returns of over 70% in 2021, but the currency is down almost 60% year to date. And if you send your payment to the wrong account (called a "digital wallet") there may be no way to retrieve it. Crypto has also been used for money laundering, fraud, and to fund terrorism. Several
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