Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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Anthropic, OpenAI among firms facing new scrutiny under EU AI Act enforcement powers
The European Commission can demand to inspect AI models, restrict market access and fine providers up to 15 million euros or 3% of turnover.
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Alibaba shares rally after unveiling its ‘most powerful’ AI model as U.S.-China competition heats up
Alibaba unveiled its latest and ‘most powerful’ AI model Qwen3.8-Max on Monday as Chinese companies race to close the AI gap with the U.S.
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Tourism price wars threaten to dim a rare bright spot in China’s consumer spending
China’s domestic tourism is underperforming, with hotel revenues falling as soft demand pressures room rates.
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This optical sensor stock is struggling. Truist says it’s time to buy the dip
The bank upgraded the maker of optical sensors — used in everything from consumer electronics to data centers — to buy from hold.
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U.S. Treasury yields fall as oil prices plunge on Iran de-escalation hopes
The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — fell over 1 basis point to 4.688%.
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This Japanese memory maker fell 40% in July — analysts see a buying opportunity
This Japanese memory maker fell 40% in July, but some analysts still see a buying opportunity.
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AstraZeneca shares drop 7% after report on $400 billion merger talks with Bristol Myers Squibb
The companies have discussed a potential merger over several months, the Financial Times reported on Sunday.
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CNBC Daily Open: Back to the negotiating table
Trump said negotiations with Iran will begin Monday after he held off on new strikes, raising hopes for a diplomatic end to the conflict.
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‘Winter is coming’: Ukraine fears its toughest test since Russia’s full-scale invasion
Russian forces have ramped up the number of missile strikes on Ukrainian cities, likely seeking to exploit Kyiv’s shortage of ballistic missile interceptors.
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Why the U.S. stepped in after decades to prop up Japan’s yen — and what’s at stake
Washington’s decision to join Japan in supporting the battered yen has prompted questions over what motivated the rare coordinated intervention.
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