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The Latest Breaking News from Jefferies

Chegg’s shares tumbled nearly 50% after the edtech company said its customers are using ChatGPT instead of paying for its study tools

A.I. chatbots are killing Chegg’s business as the edtech company tries to add A.I. to its services to stay competitive.

Fortune

The U.S. economy is facing a $18 billion monthly 'student loan cliff'

When student loan payments resume, cash-strapped households will pull back on consumer spending.

Fortune

How pandemic favorite Etsy plans to retain growth as consumers tighten wallets

Etsy is seeing business slowdown after a pandemic surge.

Fortune

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Forget inflation, Jefferies says to watch out for a 'disinflation era' like the early 1980s

When former Fed Chair Paul Volcker hiked interest rates to quash inflation in the early 80s, a recession and disinflation followed. Jefferies sees a similar fate for the economy this year.

Fortune

Best Stocks to Buy Now

When compiling our list of the best stocks to buy now, we look for high-quality companies that are poised to benefit over the next 12 months.

Kiplinger

Swiggy's losses jump 2X to Rs 3,629 crore in FY22, layoffs coming

NEW DELHI: Online food delivery platform Swiggy's losses doubled to Rs 3,629 crore in FY22 compared to Rs 1,617 crore in the last fiscal year.

The Times of India

Tech Insider: Xiaomi President to Step Down, TuSimple Plans to Cut Staff by 25%

Hackers threaten to blackmail Nio, EV-maker launches urban-navigation system in Shanghai

Caixin Global

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Xiaomi to Slash 10% of Workforce Amid Declining Revenue

Chinese smartphone giant idles 3,500 as inflation and slowing economies depress global and domestic demand, leading to red ink

Caixin Global

Peru protests snarl supply routes to key mines, industry body says

A wave of political protests in Peru related to the ouster of former leader Pedro Castillo is affecting supply routes to key copper mines in the Andean nation, the world's no. 2 producer of the red metal, raising a potential risk to production.

Reuters

All eyes are on Tuesday's crucial inflation report. Here's how the Fed, the economy, and markets may respond

Investment banks see inflation falling in November, but that may not be enough to protect the U.S. economy from a recession.

Fortune

Swiggy may layoff 250 employees in December, more to follow: Report

NEW DELHI: Food and grocery delivery firm Swiggy may fire up to 250 employees in December, the Economic Times reported quoting sources.

The Times of India

‘If you’re in tech, buckle up—it’s gonna be a tough ride’: The analyst who says Big Tech's layoffs show 'a new reality' sees 'more cuts' ahead

“The new reality is that demand is fading,” Jefferies analyst Brent Thill told Fortune. If we're headed for a recession, “it’s only inevitable that we’re going to have more cuts.”

Fortune

Startups Look for Ways to Bring Down the Cost of Green Hydrogen

Companies are pouring a lot of money into the idea that hydrogen can help decarbonize the fossil-fuel-based economy.

Bangkok Post

Right-Wing Protectionism is Costing Texas

Laws banning the state from doing business with banks that are dubbed anti-fossil fuel or anti-gun could cost 100s of millions in interest.

Texas Observer

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Benzinga

Apple Lures China iPhone Customers With Deep Discounts But Sales Stutter Amid Domestic Weakness: Report

Apple Inc.’s (NASDAQ: AAPL) iPhone 14 sales in China are taking a hit as consumers tighten their purse strings amid e

The Times of India

UK political crisis: Pound extends gain as focus turns to future UK leadership

LONDON: The pound extended gains after Liz Truss announced she was resigning as UK prime minister, capping weeks of speculation on the future of her premiership since her initial fiscal policy drove markets into turmoil.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For October 12, 2022

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Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For October 10, 2022

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Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For September 26, 2022

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Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For September 20, 2022

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Axios

The war for your teeth

Millions of dollars in legal bills and aggressive marketing have piled up.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For September 15, 2022

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Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For September 13, 2022

Upgrades See all analyst ratings upgrades.

Benzinga

Why Allena Pharmaceuticals Tumbled Over 30%; Here Are 85 Biggest Movers From Yesterday

Gainers Shuttle Pharmaceuticals Holdings, Inc. (NASDAQ: SHPH) shares jumped 91.3% to close at $28.50 on Tuesday amid post-IPO volatility.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For September 6, 2022

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People

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