Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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BP profit more than doubles as Trump blasts Big Oil for ‘making too much money’
The result come after U.S. President Donald Trump lashed out at Big Oil for making “too much money” off higher fuel prices amid the Iran war.
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Saudi Aramco profits soar in second quarter as Iran war squeezes oil supply
The results come as oil supermajors have reported blowout quarterly profits, benefitting from higher fossil fuel prices amid the Iran war.
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Deutsche Bank says gold’s ‘explosive’ run isn’t over and gives a bullish end-of-year forecast
Deutsche Bank says gold’s explosive price behavior is ongoing, even after spot prices fell from a January record and doubled since August 2024.
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HSBC pretax profit beats estimates, boosted by higher net interest income and fees
Skip NavigationMarketsBusinessInvestingTechPolitics & PolicyVideoWatchlistInvesting ClubPROLivestreamMenu HSBC’s revenue gained 16%, year on year, exceeding estimates. The lender’s second-quarter profit before tax rose to $10.1 billion, down
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McDonald’s is about to report earnings. Here’s what to expect
McDonald’s stock has fallen more than 11% this year, dragging its market cap down to roughly $191 billion.
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AI is helping Grab ship products 3 times faster, CFO says, as company raises forecasts
Grab reported second-quarter results on Tuesday and raised its full-year outlook.
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India to raise up to $3.3 billion by selling stake in country’s largest life insurer at 10% discount
Indian government plans to raise up to $3.3 billion by selling its stake in the country’s top life insurance company.
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CNBC Daily Open: Fast and furious intervention to prop up the yen — will it work?
Japan, having intervened to prop its weakening currency to little effect in the past, roped in the U.S. to stage a coordinated intervention.
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CNBC’s The China Connection newsletter: AI wins come with an old investor risk
From a surprise yuan devaluation in 2015 to crackdowns in recent years, many of Beijing’s policy moves appear abrupt to outsiders.
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Jim Cramer says Wall Street’s latest trading trend is creating buying opportunities
CNBC’s Jim Cramer said stocks are increasingly moving as part of thematic trading baskets rather than on company-specific fundamentals.
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