Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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Robinhood is expensive relative to peers. BTIG says the premium is ‘warranted’
Robinhood stock may look expensive, but it has room to run due to the trading platform’s new product rollouts and other bids to court young clients, per BTIG.
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Volkswagen plans to cut 15% of its workforce and close four German plants, report says
Auto giant Volkswagen is reportedly planning to cut 100,000 jobs and end production at four German plants over the coming years.
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Estrogen patches are hard to find, and it may not be resolved any time soon
Estrogen patches are in short supply as demand for menopause treatments skyrockets, and it could take at least a year for manufacturers to catch up.
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‘The cult of Elon’: SpaceX investors grapple with volatility amid big swings
SpaceX stock has seen big spikes and drop in its opening two weeks as a public company.
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Nike’s turnaround ‘not enough’ to remain bullish on the stock, KeyBanc says
Nike has made some progress under its “Win Now” strategy, but signs of opportunities to drive considerable upside to the stock are still missing, per KeyBanc.
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Micron falls 5% in premarket, paring earlier gains amid tech rout
Micron Technology’s shares tumbled on Friday amid a global sell-off in technology stocks.
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CNBC’s Most Valuable Sports Empires 2026: Here’s how the world’s top 20 stack up
The world’s 20 most valuable sports ownership groups are worth a combined $269 billion, according to CNBC’s Most Valuable Sports Empires 2026.
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Shipping rebounds in Strait of Hormuz one week after U.S.-Iran deal – but fragile confidence threatens recovery
Shipping traffic through the strategically vital Strait of Hormuz is recovering one week after the U.S. and Iran signed an interim peace deal.
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Treasury yields edge lower as traders monitor inflation trajectory, Middle East latest
Treasury yields were lower Friday as energy prices fell on fresh geopolitical developments in the Middle East.
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Red Lobster’s Ultimate Endless Shrimp promotion described as a ‘car crash for the company, lawsuit says
“Thai Union doubled down on a campaign to squeeze out every drop of value that it could,” creditors said
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