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AI fears drive US stock investors to rethink long-term growth bets, says Goldman

AI fears drive US stock investors to rethink long-term growth bets, says Goldman

By Siddarth S April 28 (Reuters) - Fears that artificial intelligence could disrupt long-term U.S. corporate growth have renewed investor focus on how much of stock valuations depend on profits expected beyond the next decade, particularly in sectors such as software, Goldman Sachs analysts said.
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US stock index futures muted on stalled US-Iran peace talks

US stock index futures muted on stalled US-Iran peace talks

April 27 (Reuters) - Wall Street futures were muted early on Monday as peace talks between the U.S. and Iran stalled, while investors awaited a flood of earnings as well as commentary from the Federal Reserve meeting this week.
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Global consumer companies face pricing stress test from oil shock

Global consumer companies face pricing stress test from oil shock

By Savyata Mishra and Anuja Bharat Mistry April 27 (Reuters) - The fragile demand recovery seen by consumer companies globally is at risk of getting stalled by chances of more prices hikes as a result of soaring energy and commodity costs due to the Middle East conflict.
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Domino's Pizza Stock Declines Due to Weak Sales and Competitive Pressures

Domino's Pizza Stock Declines Due to Weak Sales and Competitive Pressures

Domino's Pizza Stock Declines Due to Weak Sales and Competitive Pressures
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Sun Pharma to buy US drugmaker Organon for $11.75 billion in India's largest pharma deal

Sun Pharma to buy US drugmaker Organon for $11.75 billion in India's largest pharma deal

By Kashish Tandon and Rishika Sadam April 26 (Reuters) - Sun Pharmaceutical Industries will buy U.S. drugmaker Organon & Co in an all-cash deal valued at about $11.75 billion including debt, for the largest overseas acquisition by an Indian pharmaceutical company.
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Stable India growth outlook masks hit to vast informal sector, say economists: Reuters poll

Stable India growth outlook masks hit to vast informal sector, say economists: Reuters poll

By Pranoy Krishna BENGALURU, April 28 (Reuters) - India's economic growth outlook is broadly unchanged despite the U.S.-Israeli war with Iran, according to a Reuters poll of economists who warned that data won't capture an already-notable hit to the country's vast informal sector. 
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AI casts existential shadow over legacy software companies, Bridgewater CIOs warn

AI casts existential shadow over legacy software companies, Bridgewater CIOs warn

By Manya Saini April 27 (Reuters) - When Amazon began selling books online, many feared traditional bookstores such as Barnes & Noble would fade into obsolescence.
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South Carolina declares end to measles outbreak after nearly 1,000 cases

South Carolina declares end to measles outbreak after nearly 1,000 cases

April 27 (Reuters) - South Carolina health officials have declared an end to a measles outbreak that sickened 997 people over six months, making it the largest single-location outbreak in the United States since the disease was declared eliminated.
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Kimberly-Clark sticks to 2026 outlook, beats sales estimates on steady demand

Kimberly-Clark sticks to 2026 outlook, beats sales estimates on steady demand

April 28 (Reuters) - Kimberly-Clark kept its annual forecast intact and beat first-quarter sales estimates on Tuesday, as lower prices at the Kleenex tissue maker helped draw budget-strained consumers amid persisting geopolitical and macroeconomic uncertainties.
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Eli Lilly to buy Ajax Therapeutics for up to $2.3 billion in blood cancer bet

Eli Lilly to buy Ajax Therapeutics for up to $2.3 billion in blood cancer bet

By Christy Santhosh April 27 (Reuters) - Eli Lilly said on Monday it would buy privately held cancer drug developer Ajax Therapeutics for up to $2.3 billion in cash, as the U.S. drugmaker looks to expand its oncology pipeline.
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United ends pursuit of American Airlines after merger approach rebuffed

United ends pursuit of American Airlines after merger approach rebuffed

By Shivansh Tiwary and David Shepardson WASHINGTON, April 27 (Reuters) - United Airlines said on Monday it had ended its pursuit of a merger with American Airlines after the rival carrier declined to engage following an initial approach.
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Don't count on rate cuts just yet: Warsh as Fed chair may not lead to big policy changes

Don't count on rate cuts just yet: Warsh as Fed chair may not lead to big policy changes

President Donald Trump has made it clear he expects his choice for Federal Reserve chair to quickly cut interest rates once he takes office