Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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Magnificent 7 stock pullback now looks like a buying opportunity, strategist says
Recent weakness in Magnificant 7 now looks to be an opportunity for investors, given that US equity trends remain bullish in the near term, Fundstrat says.
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Goldman Sachs picks best hedges for a rate-shock scenario
The bank said last week’s hawkish Federal Open Market Committee meeting has increased uncertainty over the outlook for short-term interest rates.
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CNBC Daily Open: U.S. waives Iran sanctions; rotation out of megacap techs
There was a rotation out of big tech that weighed on the S&P and Nasdaq, offsetting news of the U.S. waiving Iran oil sanctions for 60 days.
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Oil prices rise as investors continue to watch U.S.-Iran moves, Citi sees ‘overhang’ disappearing
Oil rises slightly early Tuesday as investors continue to assess the latest developments in the Middle East, while showing optimism the conflict may end soon.
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Ro Khanna challenges Elon Musk to televised debate after online DOGE battle
Rep. Ro Khanna, D-Calif., has been a critic of the Elon-Musk-led Department of Government Efficiency cuts.
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Beijing is summoning executives again, but here’s why that’s causing less worry than in 2021
Beijing is summoning tech executives for meetings as it did in 2021, but now it has less room to wield a heavy hand due to deflation and rivalry with the U.S.
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CNBC’s The China Connection newsletter: Tackling EV trucks after success with cars
Beijing’s latest push into electric trucks has echoes of measures announced more than a decade ago to develop new energy passenger cars.
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Stock futures are little changed after tech sell-off drags down S&P 500: Live updates
Tech giants tumbled in Monday’s regular trading, pulling the S&P 500 and Nasdaq Composite to losses in the session.
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‘We’ll see’ — Trump hedges on guarantee Iran won’t use oil profits to rebuild military
Treasury Secretary Scott Bessent authorized the import of Iranian oil and refined products into the U.S. through at least August.
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Tesla faces federal probe after Model 3 slams into Texas home, killing 76-year-old
Harris County authorities said that the driver, Michael Butler, said that he had been using Tesla’s partially automated driving systems.
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