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Target's same-store sales have declined for three consecutive quarters, its full-year guidance was lowered, and the stock price has fallen back to 2019 levels.

Target's same-store sales have declined for three consecutive quarters, its full-year guidance was lowered, and the stock price has fallen back to 2019 levels.

Target released its earnings report before the market opened on Wednesday. Although third-quarter results exceeded analysts’ expectations, the company lowered its full-year profit outlook, suggesting that its business turnaround plan will take longer as it faces pressure from price cuts and weak demand in core categories. According to the report,
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The European Union has stepped up technology regulation and launched an antitrust investigation into the cloud businesses of Amazon and Microsoft.

The European Union has stepped up technology regulation and launched an antitrust investigation into the cloud businesses of Amazon and Microsoft.

The European Union has further intensified its regulation of American tech giants. On Monday, the European Commission announced the launch of three separate investigations into the cloud computing businesses of Amazon and Microsoft, assessing whether both companies should be subject to stricter oversight under the Digital Markets Act (DMA). Two
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