Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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Uber issues weaker-than-expected bookings, earnings forecasts for third quarter
Uber’s earnings were in line with estimates, but the company’s guidance for the third quarter trailed expectations.
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Mortgage rates hit their highest level in over a year, causing demand to drop below year-ago levels
Mortgage rates rose to the highest level in over a year, causing total mortgage demand to drop below year-ago levels.
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Eli Lilly easily tops quarterly estimates, raises outlook as Zepbound and Mounjaro sales surge
Eli Lilly now expects 2026 revenue to come in between $85 billion and $87 billion, up from a previous guidance of $82 billion and $85 billion.
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CVS blows past estimates, hikes guidance as insurance unit continues to improve
CVS also announced a new collaboration with Eli Lilly that will make Zepbound and Foundayo accessible to eligible patients on the CVS Health app.
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Anthropic’s Mythos created fake identities to fool humans in new cyber incident
It’s the latest cybersecurity incident involving frontier models developed by Anthropic and OpenAI.
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Circle names BlackRock, Visa and others as initial Arc partners, signaling early institutional backing
Circle on Wednesday revealed the initial group of partners that will help run the company’s new Arc blockchain.
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Oil prices move higher after Yemen’s Iran-backed Houthis claim Saudi tanker strike
Crude prices rose Wednesday after Yemen’s Houthis claimed they had struck a Saudi Arabian oil tanker in the Red Sea.
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AMD plummets 8% in premarket trading despite beating expectations
The chip giant has been a big beneficiary of the AI boom, with stock trading 132% up so far in 2026.
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Trump’s deportation agenda raised prices, contracted local economies, immigration group says
A report released Wednesday by the immigration advocacy group America’s Voice argues President Trump’s immigration policy is hurting the economy.
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Russian attack kills at least 17 in Kyiv as Ukraine hammers more Wildberries warehouses
The bombardment comes as each side ramps up air attacks on critical infrastructure and logistics hubs.
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