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US STOCKS-Wall St climbs as strong earnings offset slowdown worries, Fed meeting in focus

U.S. stock indexes advanced on Friday after strong earnings updates from Exxon and Intel offset worries over Amazon's slowdown warning, while economic data reinforced expectations that the Federal Reserve would hike interest rates next week. Exxon Mobil Corp shares finished up 1.3% after hitting an all-time high as the oil company reported a record first-quarter profit on rising oil and gas output, also boosting the S&P energy index 1.5%.
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Intel ends its bitcoin mining chip series

Chipmaker Intel Corp said on Tuesday (April 18) it has discontinued production of its bitcoin mining chip series, just a year after its introduction. A rout in the cryptocurrency market hurt some chip companies including Nvidia Corp, whose high-end graphics chips became popular for crypto mining. Intel expects to stop taking orders for the series, called Blockscale, by Oct 20...
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