Adelaide Writers Week canceled as 180 speakers withdraw after the exclusion of a Palestinian writer

Adelaide Writers Week canceled as 180 speakers withdraw after the exclusion of a Palestinian writer

WELLINGTON, New Zealand — Organizers of Australia’s largest free literary festival canceled the event Tuesday after more than 180 writers and speakers withdrew over the scrapping of an appearance by an Australian-Palestinian writer and academic. The uproar began when the board of the Adelaide Festival, which runs Adelaide Writers Week, announced on Jan. 8 that…

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DoubleLine’s Gundlach cuts gold exposure to 10% after ‘nosebleed’ rally

DoubleLine’s Gundlach cuts gold exposure to 10% after ‘nosebleed’ rally

DoubleLine Capital CEO Jeffrey Gundlach is dialing back his exposure to gold after the precious metal’s powerful run this year, saying it’s time for investors to rebalance as the price climbs to “nosebleed levels.” Gundlach, whose firm managed about $95 billion at the end of 2024, had recommended a 25% gold position in mid-September. Since…

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Amazon is dipping on margin and capex concerns. Wall Street analysts still see upside

Amazon is dipping on margin and capex concerns. Wall Street analysts still see upside

Wall Street analysts remained overwhelmingly bullish on Amazon , although most cut their price targets, after the technology giant’s shares fell Friday amid lower first-quarter profit guidance and higher capital expenditure plans. Amazon also missed its fourth-quarter earnings estimates. The e-commerce giant earned $1.95 per share versus the $1.97 analysts polled by LSEG had forecast….

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