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PayPay Soars: SoftBank-Backed Fintech Eyes $14.7 Billion Valuation in Nasdaq Debut
SoftBank-backed PayPay's IPO opens 38% above its offer price, signaling strong investor confidence in the Japanese digital payments giant despite market headwinds.
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Amazon Faces Trial for Alleged $1.4 Billion Tax Evasion in Italy
Milan prosecutors seek trial for Amazon's European unit and four executives over a massive alleged tax evasion scheme, despite a prior settlement.
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Eightco Secures $125M Funding, Invests in OpenAI and MrBeast's Beast Industries
Eightco's shares surged following a significant funding round and strategic investments in AI leader OpenAI and entertainment powerhouse Beast Industries.
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Bitcoin Surges Past $70K Amidst Geopolitical Oil Shockwaves
Bitcoin rebounds above $70,000 as escalating tanker attacks in the Gulf push oil prices over $100 a barrel, impacting global financial markets.
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BlackRock Launches Staked Ether ETF, Catering to Yield-Seeking Investors
BlackRock introduces its first staked Ethereum ETF, ETHB, allowing investors to earn staking rewards alongside spot ETH exposure, expanding its digital asset offerings.
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KLA Corp Boosts Investor Returns with $7 Billion Buyback and Dividend Hike
KLA Corp announces a significant $7 billion share buyback program and a 21% increase in its quarterly dividend, reaffirming strong financial forecasts amidst AI-driven chip demand.
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India's Rice Exports Stumble Amid Mideast Conflict and Rising Shipping Costs
Indian rice exports are slowing due to increased freight and insurance costs driven by Middle East conflict, impacting global supply chains and trade.
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Stablecoins Could Inject Billions into US Banks, Not Drain Them
Expert Patrick Witt argues that yield-bearing stablecoins, compliant with the GENIUS Act, may attract new capital to the US banking system.