Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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Star AI investor Leopold Aschenbrenner is unwinding trades after steep losses, sources say
Leopold Aschenbrenner’s hedge fund is unwinding trades and may be forced to liquidate assets, according to people familiar with the matter.
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Warsh’s inflation problem, Meta’s weak guidance, Chipotle earnings and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
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U.S. economy slowed to 1.5% growth rate in Q2; June core inflation at 3.3%
While the GDP number was below expectations, the miss appeared to come from a decline in federal government spending and inventories.
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Here are Thursday’s biggest analyst calls: Nvidia, Jersey Mike’s, AMD, Meta, Microsoft, Arm, Target, Starbucks & more
Here are the biggest calls on Wall Street on Thursday.
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Ferrari raises 2026 guidance after Q2 earnings beat
Ferrari is bumping up its 2026 guidance after beating Wall Street’s second quarter expectations amid “healthy” demand for its products.
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Egypt says drone hit two ships at Mediterranean port as attacks on energy infrastructure widen
The unclaimed attack comes as Iran, its Houthi alllies in Yemen and Iraqi militias have widen strikes on energy infrastructure across the region.
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Stocks making the biggest moves premarket: Meta, Microsoft, Teladoc, Norwegian Cruise Line & more
These are the stocks posting the largest moves in the premarket.
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Wealth managers face a new challenger: their clients’ AI chatbots
Large language models may give financial advisors a run for their money, but wealth management leaders say the human touch can’t be replaced.
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