Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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Self-driving tech supplier Mobileye targets U.S. robotaxi launch in 2027
Self-driving technology supplier Mobileye Global announced it would launch its own robotaxi service Tuesday.
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EchoStar is worth at least $161 a share because of SpaceX stake, says analyst
New Street Research raised its valuation of EchoStar to reflect its ownership of SpaceX, calling it an “attractive proposition”
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FBI says it disrupted alleged plot targeting UFC event at White House
FBI Director Kash Patel said multiple people are in custody after law enforcement disrupted an alleged plot targeting Sunday’s UFC event at the White House.
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The new oil? Inside the effort to turn AI computing power into a tradeable commodity
AI compute futures could eventually rival some of the world’s largest commodity markets, Silicon Data’s Carmen Li believes.
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Trump signals he could send details of Iran deal to Congress
The peace deal announced Sunday is meeting lukewarm reactions from Congress, including some allies of President Donald Trump.
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Carvana is expanding into new vehicles. The implications could reshape the U.S. automotive retail market
Carvana has bought seven new vehicle franchises since last year that primarily sell Stellantis’ Chrysler, Dodge, Jeep and Ram brands.
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This will be the summer of the ‘everything rally’, says Wells Fargo
It won’t just be tech and artificial intelligence stocks driving gains over the next several months, according to Wells Fargo.
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SpaceX to acquire the AI coding startup Cursor for $60 billion
The deal will help to bolster the company’s efforts to compete with rivals like Anthropic and OpenAI, which also offer popular coding tools.
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How AI may be messing with home prices
For most real estate professionals, the data aggregation capabilities of AI can enhance their expertise. But there are shortcomings.
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We’re buying more of a tech stock with a bright long-term future
This is our third purchase of the stock since adding it to our portfolio June 3.
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