Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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Qualcomm inks deal for AI startup Modular to bolster software stack, data center buildout
Qualcomm is looking to expand its position in the data center market as AI demand skyrockets.
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The Club’s top 10 things to watch in the stock market Wednesday
FedEx shares are falling after reporting a noisy quarter, as we expected. Alphabet is joining the Dow.
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JPMorgan hikes 2026 S&P 500 target, but sees hurdles ahead for stocks
Stocks will keep going higher — just not in a straight line, according to JPMorgan.
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OpenAI unveils first chip as part of Broadcom deal in effort to ‘build the full stack’
Eight months after announcing a custom chip deal, OpenAI and Broadcom are revealing their first joint project: Jalapeño.
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‘Grand Theft Auto VI’ is still on track for 2026 release. Buy its owner’s stock, BTIG says
The investment firm initiated coverage of the entertainment name with a buy rating.
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The global chip rout, Cerebras earnings, the PGA Tour’s next chapter and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
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Here are Wednesday’s biggest analyst calls: Nvidia, Tesla, AMD, Reddit, Blackberry, Arm, Take-Two, Barclays & more
Here are the biggest calls on Wall Street on Wednesday.
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These chip stocks are surging due to sky-high CPU demand. UBS sees more gains ahead
Advanced Micro Devices and ARM Holdings could see their shares appreciate further as hyperscalers order more CPUs to power their AI models, according to UBS.
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Wendy’s stock soars as meme traders target another turnaround play
While management changes can influence investor sentiment, the magnitude of the move suggests other forces may be at play.
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Treasury Secretary Bessent says U.S. GDP growth can return to 3% before end of the year
Bessent sees his “3-3-3” plan as still in reach — 3% growth, a 3% deficit-to-GDP rate, and a 3 million barrels per day increase in oil production.
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