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Sony Announces $3 Billion Buyback as Memory Prices Take Toll Bloomberg.comSony forecasts lower gaming business sales amid memory price surge ReutersSony Sees Double-Digit Earnings Growth Despite Quarterly Miss WSJJapan's Sony reports declining profit but expects a record for this year 10TV
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Nintendo announces Switch 2 price increase, going into effect worldwide Nintendo EverythingNintendo hikes Switch 2 prices and expects console sales to decline as memory crunch bites CNBCNintendo Raises Switch 2 Price By $50—Cites ‘Market Conditions' ForbesJapanese video-game maker Nintendo raises Switch price, forecasts lower profits WRAL
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Refineries are expensive and time-consuming to build. The current spreads reflect the shortage of refining capacity and the end of the Iran crisis won't change the pricing dynamic that quickly.
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CENTCOM Protects U.S. Warships Transiting Strait of Hormuz U.S. Central Command Press Release View centcom.milTrump's abrupt U-turn on a plan to reopen the Strait of Hormuz came after backlash from allies NBC NewsTrump warns Iran after US ships transit Strait of Hormuz under fire The HillOpinion | Why Trump's ‘Project Freedom' to reopen the Strait of Hormuz fell apart MS NOW
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There is too much magical thinking about how to fix the program. The solution is simple.
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Read the memo: Cloudflare is laying off 1,100 employees to prepare for 'the agentic AI era' Business InsiderBuilding For The Future The Cloudflare BlogCloudflare stock sinks 18% after earnings as company cuts 1,100 employees due to AI changes CNBCAI is coming for your job after all. These new announcements prove it. MarketWatch
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Peloton CEO Peter Stern told CNBC that the company believes raising prices on its subscriptions was a value-driven move.
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The oil giant's earnings in the first three months of the year were more than double the previous quarter's and follow similarly strong results of European rivals.
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The war in Iran has pushed global oil prices up, but there's no sign of a huge surge in U.S. production and the future of Venezuelan oil remains murky.
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The coming, much-awaited easing in monetary policy rates will boost global growth in the latter half of the year and into 2025.
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