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Symbotic Soars 38% After Walmart Discloses 62.2% Stake

Symbotic Soars 38% After Walmart Discloses 62.2% Stake

Shares in Symbotic, Inc. (SYM) are skyrocketing more than 38 percent in premarket trading on Tuesday after retail giant Walmart (WMT) revealed a 62.2 percent stake in the A.I.-powered supply chain technology company.
RTTNews | vor 1044 Tagen
Euro Appreciates After Hawkish ECB Remarks

Euro Appreciates After Hawkish ECB Remarks

The euro spiked up against its major counterparts in the European session on Tuesday, following comments from European Central Bank Chief Economist Philip Lane that a bigger 50 basis point hike is possible at the meeting in September.
RTTNews | vor 1044 Tagen
FTSE 100 Rises As Energy Stocks Rally

FTSE 100 Rises As Energy Stocks Rally

U.K. stocks rose on Tuesday as a rally in crude oil prices helped lift energy stocks. The benchmark FTSE 100 rose 51 points, or 0.7 percent, to 7,172 after adding 1.5 percent on Monday.
RTTNews | vor 1045 Tagen
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DAX Rises As US Futures Gain

DAX Rises As US Futures Gain

German stocks advanced on Tuesday as investors waited for U.S. markets to resume trading after a holiday the previous day.
RTTNews | vor 1045 Tagen
Asian Shares Rise In Quiet Trade

Asian Shares Rise In Quiet Trade

Asian stocks posted strong gains on Tuesday as bargain hunting emerged at lower levels after a recent steep selloff. Trading was quiet in the absence of any cues from Wall Street.
RTTNews | vor 1045 Tagen
RBA Chief Lowe Signals More Rate Hikes

RBA Chief Lowe Signals More Rate Hikes

Reserve Bank of Australia Governor Philip Lowe said more interest rate increases are likely in the coming months as the central bank will do what is necessary to ensure that inflation returns to the target range over time. Although the interest rate is still very low, the governor played down the market expectations for an increase in the rate to 4 percent by the year-end as such an action would
RTTNews | vor 1045 Tagen
European Shares Set To Rise In Early Trade

European Shares Set To Rise In Early Trade

European stocks may open higher on Tuesday, with underlying sentiment likely to remain supported by firm U.S. stock futures and buying in beaten-down shares.
RTTNews | vor 1045 Tagen

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