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Stock futures reversed course during the overnight session and rose Wednesday, as traders awaited commentary from Federal Reserve Chair Jerome Powell later in the morning.

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Chinese social media, entertainment and games giant Tencent managed a 6% increase in profits in the first quarter of the year – a period which contained two months of coronavirus-induced turmoil. The powerhouse company on Wednesday reported revenues increased by 26% year on year to $15.3 billion (RMB108 billion), and net profits up to $4.15 […]

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