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US tech stocks faced pressure as Alphabet's shares dropped over 8% following disappointing cloud earnings, while AMD fell nearly 10% amid concerns over its AI processor competitiveness against Nvidia. In contrast, Broadcom rose 4% due to its ties with Alphabet. The dollar weakened amid geopolitical uncertainties and mixed economic data, while gold prices reached a record high.
The global safes and vaults market is projected to grow by USD 1.57 billion from 2024 to 2028, driven primarily by increasing demand from the healthcare sector and a shift towards customized security solutions. The market is expected to expand at a CAGR of over 5.34%, despite challenges posed by the rise of cashless transactions. Key players include Access Security Products, ADT Inc., and Godrej and Boyce, with trends highlighting the adoption of electronic and biometric safes for enhanced security in both commercial and residential settings.
dormakaba Holding AG
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
us tech stocks face pressure as earnings reports and economic data emerge
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dormakaba Holding AG
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05:52 06.02.2025
global safes and vaults market projected to grow by 1.57 billion dollars
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Gunnebo AB
INKAS Safe Manufacturing Ltd.
Acme Safe Co.
American Rebel Holdings, Inc.
American Security
Bumilsafe Mfg. Co.
ALPHA INDUSTRIES PVT. LTD.
Hayman Safe Co. Inc.
dormakaba Holding AG
Godrej and Boyce Manufacturing Co. Ltd.
Access Security Products Ltd.
Blue Dot Safes Inc.
Brown Safe Manufacturing Inc.
Bode-Panzer GmbH
ADT Inc.
CMI Safe Co Australasia Pty Ltd.
Diebold Nixdorf, Incorporated
Bjarstal Sàrl
ISM
Kumahira Co. Ltd.
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19:55 19.11.2024
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