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Barclays on Thursday reported first-quarter net income of £1.55 billion ($1.93 billion), beating expectations and returning the British lender to profit amid a major strategic overhaul.
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Asbury Automotive Group produced $147.1 million in net income during the first quarter, down 19 percent from a year earlier as falling profit margins offset rising vehicle sales and revenue.
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Mining giant BHP has offered to buy longtime rival Anglo American in a deal that could reshape the global industry.
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Wall Street and tech billionaires race to buy banned TikTok New York Post Who could buy TikTok? CNNByteDance Exploring Scenarios for Selling TikTok Without Algorithm The Information'Lost touch with reality': How TikTok's vaunted lobbying operation went wrong POLITICOTikTok ban: ByteDance vows to sue. Will it succeed? The Associated Press
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Meta shares sink on higher AI spending, light revenue forecast ReutersMeta loses $200 billion in value as Zuckerberg focuses earnings call on all the ways company bleeds cash CNBCMeta shares plunge 16% in Frankfurt after AI spending, revenue forecast ReutersMeta's Earnings Disappointment Sparks Fear in Big Tech BloombergMeta earnings: Stock decline could wipe out about $200 billion in market cap MarketWatch
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