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Companies in the Stoxx Europe 600 are on track to deliver a 22% increase in profits in the second quarter
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A strong earnings report reveals that new CEO Greg Abel dipped into Warren Buffett's $380 billion cash reserve to buy back stock, boost Berkshire's stake in Alphabet, and pursue one of its biggest acquisitions in years. One weak spot: GEICO.
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Pentagon pushes defense companies to boost weapons production after concerns of depleted stocks AP NewsThe U.S. Is Burning Through Weapons in Iran. Russia and China Are Taking Note. nytimes.comPentagon said to ask US arms firms to speed up output as Iran war exhausts supply The Times of IsraelTrump, Hegseth clashed at Camp David over Iran missile depletion concer
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Pentagon presses defense firms to build weapons as Iran war depletes stocks The Washington PostThe U.S. Is Burning Through Weapons in Iran. Russia and China Are Taking Note. The New York TimesTrump Orders Leak Probe After Venting About Media Coverage of Munitions Stockpile WSJHow the U.S. Squandered Its Strategic Advantage The Atlantic
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The market is saying risks are rising. That means hardship for home buyers and higher hurdles for A.I. data centers and the stock market. But it's also a boon for retirees.
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The price of oil fell sharply on hopes that talks were progressing on reopening the Strait of Hormuz.
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