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Chilean copper mines significantly raised prices, combined with a weakening US dollar, copper prices continue to rise.

Chilean copper mines significantly raised prices, combined with a weakening US dollar, copper prices continue to rise.

Copper prices have resumed their upward trend, driven by a sharp increase in annual premiums from the world’s largest copper producer and a weaker dollar boosting metal appeal. Copper futures continued to climb after rising 0.4% on Tuesday, approaching the $10,900 per ton mark. Chile’s state-owned

Another giant is laying off workers due to AI! HP plans to cut 10% of its employees by 2028.

Another giant is laying off workers due to AI! HP plans to cut 10% of its employees by 2028.

``` HP announced it will cut up to 10% of its workforce, becoming the latest tech giant to make major staff reductions in its push for an artificial intelligence strategy. According to media reports on Wednesday, the restructuring plan is expected to affect about 4,000 to 6,000 employees, with

Taobao Flash Sale exits peak investment, will Q4 focus shift to reducing losses?

Taobao Flash Sale exits peak investment, will Q4 focus shift to reducing losses?

Alibaba's latest financial report reveals a key strategic shift: after massive investments in its instant retail business "Flash Sale," the company is now shifting its focus from pursuing scale to controlling losses, which may provide crucial support for future profit recovery. According to the Q3 financial

"Trump ally" Hassett leads the race for Federal Reserve Chair, market sees echoes of Bernanke.

"Trump ally" Hassett leads the race for Federal Reserve Chair, market sees echoes of Bernanke.

``` White House Chief Economic Adviser Kevin Hassett has become a leading contender for the next Fed chair, a personnel change that is being closely watched by the markets. Although investors have concerns that his close ties to the Trump administration could affect the Fed’s independence, the market’s initial

"The 'crypto treasury' myth shattered? Stock and token prices plunge, companies forced to sell crypto assets."

"The 'crypto treasury' myth shattered? Stock and token prices plunge, companies forced to sell crypto assets."

The "crypto treasury" model, once considered a cutting-edge corporate strategy, is now rapidly losing its shine amid a cold market. According to the Financial Times on November 26, as the cryptocurrency market suffers heavy losses, companies that once stockpiled digital assets to boost their treasuries are now facing

Hedge Funds "Flip from Short to Long": U.S. Stocks See Highest Two-Day Net Buying in Six Months, Technology Stock Shorts Aggressively Covered

Hedge Funds "Flip from Short to Long": U.S. Stocks See Highest Two-Day Net Buying in Six Months, Technology Stock Shorts Aggressively Covered

An important shift has emerged in the U.S. stock market's deleveraging trend: Hedge funds have significantly net bought U.S. stocks in the past two trading days, with the cumulative buying volume reaching a new six-month high. According to data from Goldman Sachs' prime brokerage, hedge

U.S. health insurance announced price cuts for 15 drugs, with semaglutide slashed by 71%.

U.S. health insurance announced price cuts for 15 drugs, with semaglutide slashed by 71%.

The U.S. Centers for Medicare & Medicaid Services (CMS) officially announced on Tuesday that new price agreements have been reached for several billion dollars’ worth of prescription drugs, lowering the prices of 15 medications including the popular weight loss and diabetes drug Ozempic (semaglutide) from Novo Nordisk. This marks