Spotify CEO to invest over $1 billion of his own wealth for ‘moonshot’ bets in Europe

Spotify CEO Daniel Ek Toru Yamanaka | AFP/Getty Images LONDON — Spotify CEO Daniel Ek announced Thursday that he will commit 1 billion euros ($1.2 billion) of his own resources to invest in European start-ups. Speaking at a virtual talk hosted by start-up event organizer Slush, Ek said he would use the funds to make …

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Dow futures rise as market tries to avoid losses for the week

A woman rides past the New York Stock Exchange (NYSE) on July 13, 2020 at Wall Street in New York City. Johannes Eisele | Getty Images U.S. stock futures rose slightly on early Friday morning as the market indexes tried to avoid a fourth consecutive week of losses.  Futures for the Dow Jones Industrial Average …

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China is set to join FTSE Russell’s flagship global bond index next year

A Chinese national flag seen in front of Oriental Pearl Tower in Shanghai on September 8, 2019. Alex Tai | SOPA Images | LightRocket via Getty Images SINGAPORE — Major index provider FTSE Russell said Thursday it will add Chinese government bonds to its flagship World Government Bond Index from October next year — a development …

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Jim Cramer says Nvidia is a buy here, cites ‘unstoppable’ potential of Arm acquisition

CNBC’s Jim Cramer advised investors Thursday to consider buying the stock of Nvidia, which earlier this month announced a blockbuster acquisition of chip designer Arm Holdings.  Nvidia’s stock popped about 5% in the first day of trading after the deal, worth $40 billion, was publicized. But the stock has given back those gains, ending Thursday’s …

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China’s growing economic and military strength can be a ‘dilemma’ for U.S. investors

A PLA Navy fleet including the aircraft carrier Liaoning, submarines, vessels and fighter jets take part in a review in the South China Sea on April 12, 2018. VCG/VCG | Getty Images As China grows in its economic and military strength, global investors and companies operating in the country face a dilemma, according to one …

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Dow futures rise more than 100 points as market tries to avoid losses for the week

A woman rides past the New York Stock Exchange (NYSE) on July 13, 2020 at Wall Street in New York City. Johannes Eisele | Getty Images U.S. stock futures rose slightly on Thursday evening as the market indexes tried to avoid a fourth consecutive week of losses.  Futures for the Dow Jones Industrial Average gained …

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Dow rises 100 points as market tries to avoid losses for the week

A woman rides past the New York Stock Exchange (NYSE) on July 13, 2020 at Wall Street in New York City. Johannes Eisele | Getty Images U.S. stock futures rose slightly on Thursday evening as the market indexes tried to avoid a fourth consecutive week of losses.  Futures for the Dow Jones Industrial Average gained …

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Dow futures rise 100 points as market tries to avoid losses for the week

A woman rides past the New York Stock Exchange (NYSE) on July 13, 2020 at Wall Street in New York City. Johannes Eisele | Getty Images U.S. stock futures rose slightly on Thursday evening as the market indexes tried to avoid a fourth consecutive week of losses.  Futures for the Dow Jones Industrial Average gained …

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Futures rise slightly as market tries to avoid losses for the week

A woman rides past the New York Stock Exchange (NYSE) on July 13, 2020 at Wall Street in New York City. Johannes Eisele | Getty Images U.S. stock futures rose slightly on Thursday evening as the market indexes tried to avoid a fourth consecutive week of losses.  Futures for the Dow Jones Industrial Average gained …

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