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Wall ​Street’s ​main indexes opened muted ​on Thursday after rallying in the previous ‌session, ⁠as cracks ⁠emerged in ​the fragile Middle East ​ceasefire, while investors parsed through an ​in-line inflation ⁠reading.
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Barclays on Thursday said that a swift normalization ​of flows through the Strait ​of Hormuz aligns with its forecast of Brent crude ​oil averaging $85 a barrel in 2026, but warned that delays in restoring traffic or any further escalation could push prices higher from current levels.
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Assets under management for U.S. exchange-traded funds could more ​than double to $25 trillion ​by the end of this decade, Citigroup said on ​Thursday, as investors seek the increasingly popular asset class for low-cost, diversified exposure across markets.
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Intel and Google have expanded their partnership to advance ​the use of artificial intelligence-focused ​central processing units and to develop custom infrastructure ​processors, as shifting use of AI drives renewed demand for traditional computing chips.
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Despite a sharp Sensex decline, seven BSE 500 stocks hit 52-week highs, including Ather Energy and ABB India, reflecting strong momentum, recent gains, and continued investor optimism amid broader market weakness.
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