Economy
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Elf Beauty stock gains on strong sales data from Canaccord tracker
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Hormel Foods to buy Brakebush in deal valued at $1.06 billion
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Morning Bid: October doubts
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Oppenheimer initiates Cavco Industries stock with outperform rating
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Oppenheimer reiterates Tectonic Therapeutics stock rating on TX2100 data
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Goldman Sachs says these telecom stocks are defensive buys despite AI risk
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Evercore ISI maintains MongoDB stock rating on business momentum
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From rift to rapprochement: Saudi-UAE reset over Yemen
Welcome to this week’s Fortune Gulf Brief. We’ll be covering: Riyadh and Abu Dhabi move to mend Yemen rift, U.S. and Iran trade proposals and denials Microsoft pours $10 billion into Gulf AI despite war risks Saudi Arabia proposes sweeping IPO market reforms S&P doubles Oman’s 2026 growth forecast to 3.5% And, the three things we enjoyed reading…
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House Dem questions Big Tech over secret AI data center NDAs: WSJ