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Snowflake's stock soars toward a record gain after an earnings beat, a raised outlook and a $6 billion commitment to expand its collaboration with Amazon's AWS.
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‘Just Bizarre': The Mideast Is Baffled by Trump's Call to Expand Abraham Accords The New York TimesA ruse, a brave gamble or a fantasy? Why Trump's most puzzling Iran move yet is unlikely to work CNNJoin the Abraham Accords? US allies scoff at Trump's demand. PoliticoTrump asked Muslim leaders to sign peace deal with Israel after Iran war ends AxiosTrump Expands Mideast Ambitions as Iran Framework Brings Criticism WSJ
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US and Iran exchange fire amid increasingly strained truce Financial TimesIran War Live Updates: U.S. and Iran Trade Strikes, Further Threatening Negotiations The New York TimesU.S. and Iran trade strikes as Trump cites no pressure for a peace deal The Washington PostOil prices jump 2% after Iran says it targeted U.S. airbase following fresh American strikes CNBC
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Officials at the central bank have embraced the possibility of higher interest rates to get resurgent price pressures under control.
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Best Buy reported better-than-expected earnings on Thursday as the company works toward turning around its sales slump.
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Equities had been prone to larger upswings when President Trump previously talked positively about the two sides getting closer to ending the Iran war
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Chat-based collaboration software is a must-have in today's business environment, with Slack and Microsoft Teams the two leading options for the enterprise. The stakes couldn't be higher — the pandemic made clear that remote work and collaboration are the future of business.
Slack, which went public back in 2019, was bought by enterprise software giant Salesforce in July 2021 for $27.7 billion. Until the acquisition, it wasn't clear that Slack could survive against behemoth Microsoft, which has a gazillion revenue streams to rely upon and is giving Teams away for free in most Office 365 and Microsoft 365 plans. But now that Slack has sugar daddy Salesforce behind it, with a valuation north of $200 billion and annual income of more than $20 billion, it can better compete.
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