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Finance & Markets

US Gasoline Prices Drop Below $4 a Gallon After Months of Pain

US gasoline dropped below $4 a gallon for the first time since July, offering consumers some relief at the pump, although prices remain significantly elevated on a seasonal basis.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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MIS Nine-Month Net Profit Falls 16% to 76.4M SAR

Riyadh, Saudi Arabia — Al Moammar Information Systems (MIS) posted a nine-month net profit of 76.42 million SAR, down 16.2% from 91.23 million SAR in the same period last year.

  • MIS net profit drops 16% to 76.4M SAR over nine months
  • Revenue increases 88% to 1,861.88M SAR in same period
  • Higher finance costs and investment losses drag down profits

Cathie Wood Bought Just 3 Stocks On Monday; Here They Are

The aggressive growth instructor was picky with her purchases to kick off the new trading week.

  • Cathie Wood made three stock purchases on Monday.
  • Ark Invest added Nvidia, SoFi Technologies, and Scribe Therapeutics.
  • Nvidia's stock is trading at a discounted rate despite a 4% drop.

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