Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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CFTC sues Kentucky over actions against prediction markets, making it first red state to face federal scrutiny
The commission has now sued nine states in total in its battle to defend what it sees as its exclusive right to regulate event contracts.
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Cerebras reports 92% revenue growth in chipmaker’s first earnings report since IPO
Cerebras went public on the Nasdaq in May, giving Wall Street access to a pureplay AI company.
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Bill Gates testimony on Jeffrey Epstein ties released by House oversight panel
“I should never have met with Epstein in the first place,” Bill Gates told members of the House Oversight and Government Reform Committee.
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An off-grid power project gets a major proof of concept. What it means for GE Vernova
AI data centers powered by off-grid power plants took a major step forward this week, a good sign for GE Vernova as industry challenges pile up.
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FedEx posts strong earnings results in last quarter with freight business
FedEx posted strong fiscal fourth quarter earnings on Tuesday in the company’s last quarter that included the freight business before its spin-off.
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An AI price war could steal the thunder from pending Anthropic, OpenAI IPOs
Companies are bemoaning AI’s hefty price tag, and some are looking at cheaper models that are nearly as good.
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Micron leads the big tech sell-off. What the charts show about the next big catalyst
We can gain valuable insight when we look at longer-term trends that help us rise above the inevitable near-term noise in this secular AI-driven bull market.
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Senate backs Iran war powers resolution as GOP pressure grows on Trump’s deal to end war
Senate Republicans want more details on Trump’s Iran deal as questions swirl around sanctions relief, nuclear restrictions and congressional approval.
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SpaceX raises $25 billion in debt sale less than two weeks after IPO
SpaceX raised $25 billion in a debt sale, after seeing nearly $90 billion worth of orders, sources say.
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SpaceX shares are in turbulent times, but this ETF aims to generate income for investors
The Kurv SpaceX Enhanced Income ETF (XSHP) began trading last Wednesday, making it the first covered-call ETF playing on the SpaceX theme.
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