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Qualcomm revamps mobile phone chips for AI, signs Samsung and others

Qualcomm revamps mobile phone chips for AI, signs Samsung and others By Stephen Nellis Oct 21 (Reuters) - Qualcomm QCOM.O said on Monday it is bringing technology first developed for its laptop chips to its mobile phone chips, aiming to make them more powerful for generative AI tasks. The San Diego-based company is the world's biggest seller of mobile phone chips.
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Russian government iPhone purchases rise despite security concerns, Vedomosti reports

Russian government iPhone purchases rise despite security concerns, Vedomosti reports MOSCOW, Oct 21 (Reuters) - The Russian government's purchases of iPhones for January through September were four times higher than the same period in 2023, the Vedomosti daily reported on Monday, despite certain officials being banned from using Apple AAPL.O devices.
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Wall St set to slip as caution prevails before big corporate earnings

US STOCKS-Wall St set to slip as caution prevails before big corporate earnings For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Boeing gains after offering new wage deal Humana climbs after report Cigna resumes merger talks 114 S&P 500 companies to report results this week Futures down: Dow 0.15%, S&P 500 0.27%, Nasdaq 0.45% Updated at 8:25 a.m.
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Futures dip ahead of earnings-packed week; Boeing surges

US STOCKS-Futures dip ahead of earnings-packed week; Boeing surges For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Boeing gains after offering new wage deal Humana climbs after report Cigna resumes merger talks Futures down: Dow 0.22%, S&P 500 0.30%, Nasdaq 0.51% Updated at 06:46 a.m. ET/1046 GMT By Lisa Pauline Mattackal and Purvi Agarwal Oct 21 (Reuters) - Wall Street futures dipped on Monday as investors braced for a busy week of maj
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Italy moves to ensure Big Tech share in costs of telecom networks rollout

Italy moves to ensure Big Tech share in costs of telecom networks rollout ROME, Oct 21 (Reuters) - Italy is moving to introduce measures aimed at ensuring that Big Tech firms share the cost of developing telecoms infrastructure in the country, Industry Minister Adolfo Urso said on Monday. Telecoms companies argue that Alphabet's Google GOOGL.O , Meta's Facebook META.O , Amazon AMZN.O , Apple APPL.O and Microsoft MSFT.O should bear some of the high-speed network rollout costs because they make up
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Wall St Week Ahead-Wall Street zeroes in on semiconductors after turbulent week

RPT-Wall St Week Ahead-Wall Street zeroes in on semiconductors after turbulent week Repeats with no changes By Lewis Krauskopf NEW YORK, Oct 18 (Reuters) - U.S. semiconductor companies will get a closer look from investors in coming weeks, after diverging reports from two industry leaders abroad set off a volatile few days of trading. Because semiconductors are key components in a broad array of products, chipmakers and related equipment companies are closely followed for insight into the econom
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Dow and S&P end at fresh record highs, lifted by Netflix earnings and tech stocks

US STOCKS-Dow and S&P end at fresh record highs, lifted by Netflix earnings and tech stocks Three main benchmarks achieve sixth straight weekly gain Weekly indexes up: Dow 0.96%, S&P 500 0.85%, Nasdaq 0.79% Netflix jumps on growth forecast American Express, SLB down following results Friday indexes up: Dow 0.09%, S&P 500 0.4%, Nasdaq 0.63% Adds closing prices, weekly details By David French Oct 18 (Reuters) - The Dow Jones Industrial Average and S&P 500 chalked up record closing highs on Friday,
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Netflix earnings and tech stocks boost S&P 500, Nasdaq to closing highs

US STOCKS-Netflix earnings and tech stocks boost S&P 500, Nasdaq to closing highs Three main benchmarks achieve sixth straight weekly gain Netflix jumps on growth forecast CVS falls after replacing CEO American Express, SLB down following results Updates to close By David French Oct 18 (Reuters) - The S&P 500 and the Nasdaq ended higher on Friday, boosted by an earnings-driven jump in Netflix shares and broader gains across technology stocks.
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S&P 500, Nasdaq buoyed by tech stocks; Netflix soars after results

US STOCKS-S&P 500, Nasdaq buoyed by tech stocks; Netflix soars after results Netflix projects continued growth through year-end CVS falls after replacing CEO American Express, SLB down following results Indexes up: Dow 0.04%, S&P 500 0.41%, Nasdaq 0.69% Updated to 2:06 p.m. ET/1806 GMT By David French and Lisa Pauline Mattackal Oct 18 (Reuters) - The S&P 500 and the Nasdaq climbed on Friday, boosted by an earnings-driven jump in Netflix shares and broader gains across technology stocks.
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Tech stocks lift Nasdaq, S&P 500; Netflix soars after results

US STOCKS-Tech stocks lift Nasdaq, S&P 500; Netflix soars after results For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Netflix projects continued growth through year-end CVS falls after replacing CEO American Express, SLB down following results Indexes: Dow down 0.09%, S&P 500 up 0.27%, Nasdaq up 0.52% Updated at 12:05 p.m.
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Tech stocks boost Nasdaq, S&P 500; Netflix soars

US STOCKS-Tech stocks boost Nasdaq, S&P 500; Netflix soars For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Netflix projects continued growth through year-end CVS falls after replacing CEO American Express, SLB down after results Indexes: Dow down 0.25%, S&P 500 up 0.21%, Nasdaq up 0.58% Updated at 09:48 a.m.
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Apple rises as data shows robust demand for new iPhones in China

BUZZ-Apple rises as data shows robust demand for new iPhones in China Updates ** Shares of Apple AAPL.O r ise 1.2% to $234.90 in morning trading ** New iPhone sales in China jump 20% in their first three weeks since the launch compared with its 2023 model - Counterpoint Research ** Notes strong iPhone 16 series unit sales in China ** Says iPhone 16
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U.S. STOCKS Crypto stocks, Apple

BUZZ-U.S. STOCKS ON THE MOVE-Crypto stocks, Apple Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street futures inched higher on Friday, led by gains in those tracking the Nasdaq 100 as technology shares broadly advanced, while Netflix soared following strong quarterly results.
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Netflix valuation is a goal stretched too far

BREAKINGVIEWS-Netflix valuation is a goal stretched too far The author is a Reuters Breakingviews columnist. The opinions expressed are her own. Refiles to say "steam" not "stream" in first paragraph. By Jennifer Saba NEW YORK, Oct 18 (Reuters Breakingviews) - Netflix’s NFLX.O lofty valuation is headed for a reality check. The $300 billion streaming video giant reported on Thursday quarterly revenue rose 15% year-over-year and subscriber additions were better than expected.
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Nasdaq, S&P 500 set for higher open on tech boost; Netflix surges

US STOCKS-Nasdaq, S&P 500 set for higher open on tech boost; Netflix surges For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Netflix projects continued growth through year-end CVS falls after replacing CEO American Express, SLB down after results Futures: Dow down 0.13%, S&P 500 up 0.24%, Nasdaq up 0.55% Updated at 8:31 a.m.
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Apple rises as data shows robust demand for new iPhones in China

BUZZ-Apple rises as data shows robust demand for new iPhones in China ** Shares of Apple AAPL.O rise 1.9% to $236.61 premarket ** New iPhone sales in China jump 20% in their first three weeks since the launch compared with its 2023 model - Counterpoint Research ** Notes strong iPhone 16 series unit sales in China ** Says iPhone 16 Pro and Pro Max m
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Futures edge up on tech boost; Netflix climbs after upbeat earnings

US STOCKS-Futures edge up on tech boost; Netflix climbs after upbeat earnings For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Netflix gains, beats subscriber growth estimates CVS falls after replacing CEO American Express up after profit beat Futures up: Dow 0.09%, S&P 500 0.17%, Nasdaq 0.38% Updated at 07:00 a.m.
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India plans laptop import curbs to boost local manufacturing, sources say

India plans laptop import curbs to boost local manufacturing, sources say India eyes limits to laptop, tablet, PC imports next year Plan to restrict imports withdrawn last year after backlash New import curbs could reshape $10 billion laptop, PC industry India offers $2 billion in subsidies for local production By Shivangi Acharya NEW DELHI, Oct 17 (Reuters) - India is expected to limit imports of laptops, tablets and personal computers after January, two government sources with direct knowledge
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Wall Street futures rise as tech stocks gain, Netflix jumps after strong earnings

US STOCKS-Wall Street futures rise as tech stocks gain, Netflix jumps after strong earnings For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Futures up: Dow 0.07%, S&P 500 0.22%, Nasdaq 0.46% Oct 18 (Reuters) - Wall Street futures climbed on Friday, led by gains in those tracking the Nasdaq 100 as technology shares broadly advanced, while Netflix surged following upbeat results.
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Wall St Week Ahead-Wall Street zeroes in on semiconductors after turbulent week

Wall St Week Ahead-Wall Street zeroes in on semiconductors after turbulent week By Lewis Krauskopf NEW YORK, Oct 18 (Reuters) - U.S. semiconductor companies will get a closer look from investors in coming weeks, after diverging reports from two industry leaders abroad set off a volatile few days of trading. Because semiconductors are key components in a broad array of products, chipmakers and related equipment companies are closely followed for insight into the economy.
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