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MARKETS LIVE BLOG:

STOCKS SLIDE AFTER META'S REALITY CHECK, WITH GDP ON DECK

Owner of Facebook and Instagram plans to spend up to US$10B on AI infrastructure investments

Stocks in play: Turquoise Hill Resources Ltd.

Baystreet.ca

Said its Pentwater Capital Management LP shareholder wrote a letter to Rio Tinto plc Director Ms. Ngaire Woods and the rest of the Rio Tinto Board. Unfortunately, the failure of Ms. Woods (or any other member of the Rio Tinto Board) to respond to Pentwater’s letter is evidence that Rio Tinto continues to inflict serious corporate governance breaches upon Turquoise Hill minority shareholders. Turquoise Hill Resources Ltd. shares T.TRQ are trading up $0.72 at $14.88.

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