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Tech firms claw back some losses after midterms rout, eyes on Nvidia

Tech firms rose Monday to claw back some of last week's painful losses fuelled by AI regulation worries, though traders were keeping a wary eye on a probe into Nvidia boss Jensen Huang amid claims of an affair with a Chinese spy. The executive, Alice Huang -- also known as Huang Le, and no relation to 63-year-old Taiwanese-born Jensen -- developed a close relationship with the Nvidia boss, the…

Tech firms claw back some losses after midterms rout, eyes on Nvidia

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Bio-Techne Q1 Profit Down

(RTTNews) - Bio-Techne Corporation (TECH) reported that its first quarter net earnings declined to $28.29 million or $0.18 per share from $38.19 million or $0.24 per share last year.

Chinese inflation spikes at plants and cools in shops

China's producer inflation accelerated to its fastest pace in nearly four-and-a-half years while consumer inflation cooled in October, data showed on Monday, reflecting persistent cost pressures from…

  • Producer inflation spikes to 5.7% YoY in October, surpassing forecasts
  • Consumer inflation cools to 0.7% YoY, below expected 0.8% rise
  • High oil prices drive up energy-intensive industries' costs

Asian Markets Trade Mostly Higher

(RTTNews) - Asian stock markets are trading mostly higher on Monday, following the mixed cues from Wall Street on Friday, boosted by strong gains in Taiwan, Japan and South Korea amid a rebound in…

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