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In this article PL Follow your favorite stocksCREATE FREE ACCOUNT A satellite image captured by a SkySat shows the breached Kakhovka dam in Ukraine, June 6, 2023. Planet Shares of Planet fell after the satellite-imagery and data-analysis company cut its annual revenue guidance following when it reported first-quarter results Thursday. The company lowered its guidance
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In this article MRK Follow your favorite stocksCREATE FREE ACCOUNT Jakub Porzycki | NurPhoto | Getty Images Global drugmaker Merck on Tuesday sued the Biden administration over Medicare‘s new powers to substantially reduce drug prices for seniors under the Inflation Reduction Act, the opening salvo in the pharmaceutical industry’s efforts to weaken the program. In
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People sit outdoors at the Petite Crevette Restaurant on June 05, 2021 in the Brooklyn borough of New York City. Robert Nickelsberg | Getty Images During the Great Recession, consumers hunted for bargains, trading down to cheaper restaurants or picking the least expensive menu options. But today, as inflation puts pressure on their wallets, consumers
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A software and robotics machine called mGripAI from Massachusetts-based Soft Robotics sorts artifical pieces of chicken into trays for packaging at an automation conference held by the Association for Advancing Automation in Detroit. Michael Wayland / CNBC DETROIT — The automotive and logistics industries are no strangers to robots. They’re among the most heavily invested
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In this article LULU Follow your favorite stocksCREATE FREE ACCOUNT Lululemon reported earnings that beat Wall Street’s estimates on the top and bottom lines Thursday and raised its full-year guidance, bolstered by improvements in China and freight costs. Shares of the company surged more than 12% in extended trading. related investing news Constellation Brands vs.
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A shopper at a Dollar General store Daniel Acker | Bloomberg | Getty Images Dollar General’s core customers are reining in their spending amid a worse than expected macroeconomic backdrop, leading the discounter to slash its full year outlook after a dismal earnings report Thursday.  Shares of Dollar General plunged about 16% in morning trading
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