Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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This software stock was once a top performer. Piper Sandler says stay away
Analyst James Callahan downgraded the ad software stock to neutral from overweight.
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Restaurant Brands International earnings beat as Burger King’s U.S. business soars
Burger King’s U.S. business reported same-store sales growth of 8.5%.
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Hadrian valued at nearly $8 billion after fresh funding as money pours into defense tech
Hadrian is one of a number of defense tech startups raising large sums and benefiting from President Trump’s plans to upgrade the U.S. military.
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AstraZeneca may buck a decade of pharma strategy to buy U.S. scale
Reports of preliminary talks between AstraZeneca and Bristol Myers Squibb moved shares and reignited debate over Big Pharma consolidation.
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Khanna to introduce ‘Data Center Bill of Rights’ as fight over AI power plants heats up
Michigan Democratic Senate candidate Abdul El-Sayed, who won a competitive primary Tuesday, has endorsed state and local moratoriums on data centers.
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Ukraine’s military hits one of Russia’s biggest oil refineries in long-range drone attack
The Slavneft-Yanos facility in Yaroslavl, which is situated hundreds of miles from the Ukraine border, is one of Russia’s biggest oil refineries.
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Shorter-dated Treasury yields edge higher as traders sharpen focus on rates
Shorter-dated Treasury yields edged higher Thursday, as traders weighed the prospect of interest rate rises.
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CNBC Daily Open: A super Thursday of earnings and hopes for Iran detente
Investors in Europe are assessing a stacked earnings docket, U.S.-Iran deal inching forward, and a Fed warming to a rate hike.
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Nintendo’s fiscal first-quarter profit and revenue beat estimates, despite Switch 2 sales slump
Nintendo reported fiscal first-quarter earnings Thursday.
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Rheinmetall stock volatile after trimming guidance as Germany’s F126 warship cancellation hits sales outlook
The company’s sales grew 39% and profits grew 74% in the first half of the year.
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