Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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Nexus Data Centers in advanced talks to secure $15B for Google-backed Anthropic data center
Morgan Stanley is the lead banker engaging in advanced talks to lend $15 billion to Nexus Data Centers, CNBC confirmed.
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Stocks making the biggest moves after hours: Apple, Amazon, Rivian, Reddit & more
These are the stocks posting the largest moves in extended trading.
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Coinbase shares fall after crypto exchange posts disappointing second-quarter results
Coinbase’s Thursday report marked its third straight quarter missing Wall Street’s forecasts for revenue and earnings.
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Amazon’s AWS posts fastest growth since 2021, citing AI and chip demand
Amazon Web Services announced new business with Meta and OpenAI in the quarter.
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Reddit shares sink 7% on ‘choppy’ search referrals even as results blow past estimates
Reddit reported second-quarter earnings that beat on the top and the bottom, and gave a revenue forecast that topped estimates.
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Rivian reduces 2026 spending plans, narrows earnings guidance
Rivian reduced its 2026 spending plans and slightly narrowed its previously forecasted losses this year as the company reported second-quarter results.
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Small businesses squeezed by Trump’s tariffs turn to risky cash advances
Trump’s tariffs are squeezing some small businesses, and a Fed survey shows more firms applying for merchant cash advances despite steep costs.
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‘The Odyssey’ extends stay in 70mm IMAX theaters as shows sell out weeks in advance
Universal and IMAX have extended the availability of 70mm screenings of Christopher Nolan’s retelling of Homer’s epic into mid-September.
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Trump says sanctions bill should include tariffs on Iran, despite ‘trivial’ trade with U.S.
Trump said he’d “like to see tariffs on Iran” added to a bill that would impose economic sanctions on Russia and those supporting its war against Ukraine.
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AI stocks rebound, and why J&J’s earnings guidance cut is not cause for concern
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
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