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A large portion of IPO shares will be allocated to retail investors, but they face penalties if they sell too soon.
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Oil prices jumped after the United States and Iran exchanged fire for a second day, heightening fears that the two countries could slide back into open conflict.
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The European Central Bank is set to raise rates, the first such move since September 2023, as energy disruptions caused by the Iran war drive higher prices.
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Surging airfares have made it harder for price-conscious travelers to justify summer vacations in Europe — and many are opting to travel within the U.S. instead.
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Prices are soaring on these everyday grocery items, driving up inflation The Washington PostOpinion | Inflation gets even worse The Washington PostTrump says ‘I love the inflation,' Bill Gates testifies about his Epstein ties AP NewsConsumer prices rose 4.2% annually in May, highest in three years CNBCTrump's inflation flippancy gifts Dems ready-made midterm ads
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Trump says Iran will ‘pay the price' after it targets U.S. assets in three countries The Washington PostTrump boils over after Tehran kept him waiting AxiosTrump's "Bomb The S*** Out" Warning, Iran's "Turn Region Into Hell" Threat NDTVTrump says Iran will 'pay the price' and claims they have 'taken too long' to agree to a deal CNBCDonald Trump say
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Oracle blew past earnings expectations and grew its contract pipeline to $638 billion, but Wall Street is concerned about its rising AI costs.
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US Launches More Strikes Against Iran, Further Straining Truce Bloomberg.comSea drone rescues US army helicopter crew near Strait of Hormuz BBCUS and Iran exchange fire for a second day, undermining shaky ceasefire ReutersU.S. bombs Iran for second straight night AxiosLive updates: U.S. and Iran trade attacks again after Trump pledges Tehran will "pay the price" for not accepting deal CBS News
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Companies appear hesitant to pass those price increases on to weary consumers, whose wages aren't keeping up.
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RBC Capital Markets reduced its 12-month price target from $70 to $50.
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