Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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The rise of the 15-foot skeleton—how a viral novelty became a Halloween staple
In just six years, giant skeletons have gone from an absurd viral novelty to the centerpiece of an expanding retail arms race for the front lawn.
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Restaurant earnings will test whether owning more brands pays off
Shares of companies with multiple restaurant brands like Brinker and Darden are outperforming single-chain stocks like McDonald’s and Chipotle.
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I warned against buying this AI chip stock. Now I think it could nearly double
Cerebras has lost roughly 72% of its value since its peak, but contrarian tech investor Paul Meeks says its AI technology and massive backlog could fuel a comeback.
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American Express is cutting 5% of its workforce to ‘prepare for AI’
Amex, which reported third-quarter results earlier Friday, is taking a $336 million restructuring charge in the quarter, CEO Stephen Squeri said Friday.
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Why investors are moving back into Treasurys
U.S. Treasurys are returning to favor as a safe haven play that sidesteps investors’ worries over a shaky economy and the future of the data center build-out.
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Here are Friday’s biggest analyst calls: Nvidia, SpaceX, CoreWeave, Deckers, Unusual Machines & more
Here are the biggest calls on Wall Street on Friday.
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Fewer people are flying as airfare soars. Here’s why airlines aren’t worried
Airlines are reporting fewer people flew in the third quarter as airfare surged on fuel costs, but executives say travelers are mostly swallowing higher fares.
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Higher interest rates have made family offices pickier about investing in real estate
Higher interest rates have made family offices more selective about investing in real estate.
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Silicon Valley Democrats demand investigation into Starlink restrictions in Ukraine
A letter demanding an investigation indicates Democrats will make investigating Starlink’s interruption a top priority if they win control of the U.S. House.
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