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In essence, the chart created by JPMorgan’s Michael Cembalest illustrates the staggeringly high value placed on each individual Truth Social user compared to other popular social media platforms. As of May 2022, Trump Media, the parent company of Truth Social, had a market value nearing $7 billion, despite reporting a loss of $58 million…
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REUTERS – Japan’s Panasonic Holdings projected a 23% surge in operating profit for its energy division, which produces batteries for electric vehicle manufacturers such as Tesla, in the current business year. The company revised its estimate for the crucial segment, following a previous underestimation of operating income for the year that concluded on March…
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In the occupied territory of Palestine, a Square correspondent has reported that Israeli artillery is carrying out intense shelling on the center of Rafah. This development comes amidst an ongoing conflict between Israel and Hamas, which erupted on October 7 last year. The conflict has so far claimed over 34,000 Palestinian lives and left…
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As tensions continue to mount between China and the United States regarding China’s expanding naval presence, Beijing has announced that it will dispatch two warships, including the advanced military training vessel Qijiguang and the formidable Jinggangshan dock landing ship, to Cambodia and East Timor during the first half of May through mid-June. The move…
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The author argues that the current focus on Election Day in Republican campaigns is detrimental to their success, as a majority of states now offer early voting. The author cites examples of failed efforts by Republican campaigns in early voting states in previous elections. To address this issue, the author suggests a shift towards…
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Russia has kicked off its 79th “Victory Day” military parade, with thousands of troops and military hardware being showcased in Moscow’s Red Square. This annual event, which commemorates the Soviet victory over Nazi Germany during World War II, has become an opportunity for propaganda, as the Kremlin seeks to draw parallels between the Red…
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The latest data shows that China’s exports and imports have returned to growth in April, following contractions in the previous month. Exports rose by 1.5% compared to a year earlier, while imports surged by 8.4%. China’s trade surplus also increased to $72.35bn. Analysts suggest that the outlook remains uncertain due to global economic trends,…
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In addition to announcing its latest financial results, Nippon Steel, Japan’s largest steel manufacturer, has confirmed its intention to complete its $15 billion acquisition of U.S. Steel by the end of this year. The company reported a 20.8% decrease in net profit for the fiscal year ending in March 2022, reaching 549.4 billion yen,…
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In the early hours of Thursday morning, a fatal collision took place on a highway located outside the city of Qingtongxia in China’s Ningxia region. A truck collided with a passenger van, leaving nine individuals deceased and two others sustaining injuries. According to reports from the state-owned Ningxia Daily, the incident occurred at approximately…
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In Yemen, a representative of the military forces, Brigadier General Yahya Sa’ari, announced that a coordinated action was conducted by the navy, air force, and rocket units against two vessels in the Gulf of Aden. This statement was released.