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The now-collapsed cryptocurrency exchange FTX has filed a lawsuit against Binance, the world's largest crypto exchange, and its former chief executive Changpeng Zhao. The legal action seeks to claw back a staggering $1.8 billion that FTX alleges was fraudulently transferred by its disgraced co-founder Sam Bankman-Fried.

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The rapid adoption of DeepSeek, a budget-friendly chatbot from a Chinese AI company, has triggered a significant reaction in the US stock market. The app's swift rise to the top of free downloads, overtaking competitors like Chat within a week of its public release, has sparked concern in Silicon Valley. Shares of major AI-related tech companies, including Nvidia, Microsoft, and Meta, saw substantial declines on Monday.

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Bitcoin has soared to a new all-time high, surpassing $106,000. This remarkable increase continues a rally that has seen the cryptocurrency's price climb over 50% following Donald Trump's victory in the 5 November election.

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Boeing has unveiled a stock offering aimed at raising up to $19 billion for debt repayment and subsidiary investments.

The aviation giant, which last week reported a whopping $6.2 billion quarterly loss, has been suffering from a strike by some 33,000 US workers that has paralyzed two major plants since mid-September.

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In a show of  Wall Street's resilience, Goldman Sachs reported impressive third-quarter results that exceeded market expectations. The banking giant's profit soared 45% to $2.99 billion, or $8.40 per share, while revenue climbed 7% to $12.7 billion. These figures surpassed analyst estimates of $6.89 per share on $11.8 billion in revenue.
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