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Salesforce Plans To Open Its First AI Center in London

Salesforce said its first artificial intelligence (AI) center will be located in London, as part of a pledge to spend $4 billion on AI growth and innovation in the U.K. over five years. ....

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Chewy Stock Soars on Earnings Beat as Auto Delivery Sales Jump

Chewy shares skyrocketed in early trading Wednesday after the e-commerce pet food and supplies retailer reported results that topped forecasts and announced a new stock buyback plan. ....

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Stellantis Stock Plunges More Than 10% As Automaker Reports Big Drop In Revenue

Stellantis shares plunged on Tuesday after the automaker reported a big drop in first-quarter revenue and shipments ahead of the release of a number of new models this year. ....

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BOJ saw need in December for debate on future rate hike pace

TOKYO (Reuters) -Bank of Japan policymakers actively debated in December the conditions for phasing out stimulus, and agreed to deepen discussions on the appropriate pace of future interest rate hikes, minutes of the meeting showed, a sign they were gearing up for a near-term exit from negative interest rates. The minutes came after the BOJ signalled on Tuesday its growing conviction that conditions for phasing out its huge stimulus were falling into place, suggesting that it will soon pull short-term interest rates out of negative territory. "The members agreed on the need to continue deepening discussions on issues such as the timing of an exit from the current monetary policy, and the appropriate pace of interest rate hikes thereafter," the minutes showed on Friday. ....

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