Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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Odds of a Fed hike this year jump on prediction markets
Following an unexpectedly hot jobs report, prediction market traders see a 52% chance the Federal Reserve increases interest rates this year.
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LinkedIn co-founder Reid Hoffman is leaving Microsoft’s board after almost a decade
Reid Hoffman was one of OpenAI’s first donors, and he left its board in 2023 as the nonprofit cozied up with Microsoft.
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Boeing to start 737 Max production on new assembly line July 6, CEO says
The new 737 Max final assembly line in Everett, Washington, will serve as a catalyst for increasing Max production to 52 jets per month.
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Broadcom’s guidance sent the stock tumbling this week. A buying opportunity has emerged
Jeff Kilburg breaks down how he’s trading Broadcom after this week’s declines.
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JPMorgan removes sell rating on Tesla after years, says it’s at the ‘forefront of physical AI’
The firm has rated Elon Musk’s electric vehicle company as sell dating back to 2023.
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Robinhood is making a move in prediction markets. Deutsche Bank thinks it could turn the stock around
Robinhood announced Thursday that it was starting to direct some of its event contracts to Rothera.
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Amazon unveils latest warehouse robot as tech giants continue AI layoffs
“Our experience of robots is that it’s actually driven up employment rather than the reverse,” Amazon executive John Boumphrey told CNBC.
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The jobs report doubled expectations. Why the stock market doesn’t like it
Good news isn’t always good, at least when it comes to the stock market.
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AI is designing OpenAI’s next model in a sign of ‘super intelligence’: SoftBank’s Masayoshi Son to CNBC
SoftBank CEO Masayoshi Son said his forecast of artificial super intelligence arriving in ten years was “conservative” and thinks it will be here sooner.
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Trump Accounts don’t ‘rule’ child investments, advisor says: How your options compare
Trump Accounts, along with 529 plans, custodial accounts for minors and Roth IRAs, are all valuable options depending on child’s needs and long-term goals.
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