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Unite to face AI! After the advertisement, image giants are contemplating a merger, with both Shutterstock and Getty Images seeing their stock prices rise.
The rapid development of AI is disrupting the content creation Industry, and the popularity of smartphone photography has also lowered the value of stock photos. The globally renowned photo library Getty Images is evaluating the possibility of merging with its competitor Shutterstock. After the news was announced, Getty's stock price briefly rose by 32%, marking the largest increase since 2023.
Cathie Wood's Ark Invest Books Profits On Hot AI Stock Palantir, Sells Bitcoin ETF Shares As BTC Starts 2025 On A Positive Note
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Fannie Mae and Freddie Mac surged 29% to reach a five-year high, signaling the possibility of bidding farewell to the era of government conservatorship!
On Thursday, the USA FHFA issued new guidelines, reassigning the final approval authority for the "termination of government conservatorship" of Fannie Mae and Freddie Mac to the USA Department of the Treasury. On Friday, the stock prices of both companies surged by over 29%, reaching a five-year high, partly due to investors believing that a Trump re-election could push for an end to the conservatorship, and noted hedge fund manager Bill Ackman stated that the capital condition of these two companies has improved, and they have potential for future performance.
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