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Asian stocks rise on earnings optimism as US data approaches
Asian stocks rise on earnings optimism as US data approaches
by  AFP

Asian equities extended the week's gains Wednesday following a strong rally on Wall Street and another record in London, as traders cheered more upbeat earnings reports and data indicating a slowdown in US economic activity. General Electric, Spotify, and diaper and paper product brand Kimberly-Clark were among the companies posting strong gains after releasing quarterly reports.

Recycled 'zombie' misinformation targets US voters
Recycled 'zombie' misinformation targets US voters
by  AFP

Migrants, vaccines, pedophilia rings -- old conspiracy theories are resurfacing ahead of the US election despite being repeatedly debunked, in what researchers call "zombie" falsehoods that appear to resonate with polarized voters. Yet it later grew into the sprawling QAnon conspiracy movement, which gained popularity ahead of the 2020 election.

Tesla profits tumble but shares rise on new vehicle plan
Tesla profits tumble but shares rise on new vehicle plan
by  AFP

Tesla reported a big drop in quarterly profits Tuesday, pointing to elevated pressure on the electric vehicle market that has led to deep cost-cutting. Tesla is committed to "company-wide cost reduction" as part of an effort to achieve "profitable growth," it said.

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