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US: S&P 500 closes at 5th straight record

The S&P 500 and Nasdaq finished at fresh all-time records on Friday (Jul 25) amid optimism over US trade deals, concluding a winning week on a positive note. Markets stayed…

Intel plans to shed thousands of workers

Intel, once the most valuable U.S. chipmaker, faces an uphill battle as it tries to stay relevant in the artificial intelligence race. On Friday, Intel saw its stock drop 9%, a day after…