Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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Eaton moves one step closer to becoming a cleaner bet on the AI boom
Auto parts manufacturer Dana has agreed to combine with Eaton’s Mobility business in a deal that values the unit at $5.1 billion.
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SpaceX cuts retail IPO allocation to low 20% range, source says
The Elon Musk-led company plans to direct a percentage in the low 20s of the offering to retail buyers, according to a person familiar with the matter.
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Intel soars on double upgrade from BofA. Here’s what Jim Cramer says investors must do
Jim Cramer said investors who don’t own any Intel need to get in.
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SpaceX to close above $2 trillion market cap on its debut, prediction market traders say
Traders on Polymarket think it’s likely SpaceX will join a group of just six companies boasting a market value beyond $2 trillion.
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SpaceX IPO will test how Wall Street prices ‘strategic tech’
Elon Musk’s SpaceX defies typical market buckets, and the IPO will give Wall Street another chance to value “strategic tech” like Palantir.
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We’re upgrading our rating on an industrial stock and plan to buy more
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
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Trump picks former SEC Chairman Jay Clayton as national intelligence director
Skip NavigationMarketsBusinessInvestingTechPoliticsVideoWatchlistInvesting ClubPROLivestreamMenu President Donald Trump on Thursday said that he is nominating Jay Clayton to become the next permanent director of national intelligence. Clayton
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CNBC Sport: The plan for this year’s World Cup to revolutionize Major League Soccer
MLS Commissioner Don Garber is banking on this year’s World Cup to change the trajectory of American soccer.
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Pimco is warning about a spike in defaults — How it says income investors should position portfolios
Pimco is warning fixed-income investors to stay away from lower-quality credit, but sees plenty of opportunities in high-quality assets.
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Trump cancels Iran strikes scheduled for Thursday evening
Hours earlier, Trump warned that the U.S. would attack Iran “VERY HARD TONIGHT,” and soon take over Iran’s oil infrastructure assets, including Kharg Island.
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