Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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We’re trimming an industrial and buying another name. Plus, 2 more stocks we’re eyeing
We’re starting the new trading week off with a couple of moves.
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California’s diesel prices have jumped since the Iran war started, with ripple effects across the country
California has the highest gas prices in the country as well as the busiest containership port, meaning consumers across the country could feel the impact of higher diesel.
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Magnificent 7 ETF falls to record low valuation. Some stocks in the group could be great buys
The forward price-to-earnings multiple on the Roundhill Mag 7 ETF is the lowest since the fund was created a little more than three years ago.
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Two biotech names on Josh Brown’s Best Stocks list are making meaningful highs this summer
Josh Brown and Sean Russo break down these two stocks on their list.
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SpaceX short interest overtakes Tesla ahead of earnings, lockup expiration
Notional short interest in SpaceX has climbed to about $23.6 billion, topping Tesla’s roughly $22 billion, according to S3 Partners.
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Amazon tops $3 trillion market cap as stock continues post-earnings surge
Shares of Amazon hit a new all-time high Monday, putting its market cap over $3 trillion.
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‘Spider-Man: Brand New Day’ beats out ‘Avengers: Endgame’ for highest domestic opening ever
Sony and Marvel’s “Spider-Man: Brand New Day” set the record for the highest domestic opening weekend of all time with $360 million in ticket sales.
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Visa to buy cybersecurity firm BioCatch for $2.4 billion amid surge in AI-powered scams
It is also the latest move by Visa to expand its value-added services business, which has become one of the company’s fastest-growing divisions.
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How to navigate a treacherous stock market in August after a volatile July
Last month wasn’t easy for investors, even if the numbers don’t fully reflect the volatility.
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Are Americans ready to embrace tiny ‘cars’? These companies think so
Electric low-speed vehicles, or LSVs, are a step above a traditional golf cart but below a typical light-duty car or truck sold in the U.S.
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