Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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SK Hynix options begin trading. But another group of stocks is stealing its thunder
One explanation for the lack of notable call-buying is that the surge in single-stock ETFs and leveraged funds stole a big chunk of the speculative limelight.
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Wells Fargo did enough to remain in our portfolio. What we liked about earnings
The knee-jerk selling of Wells Fargo shares after a largely strong second-quarter earnings report made no sense.
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Caution warranted on this red hot AI cloud data stock that’s now ‘priced for perfection,’ says Todd Gordon
Datadog runs the control room for modern software: it pulls data from a company’s servers, apps and cloud services into one place.
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Cybersecurity stocks surge thanks to IBM, and Nvidia climbs on more good China news
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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We’re raising our price target on Goldman Sachs after a blowout quarter, upbeat outlook
Shares of Goldman are surging to record highs thanks to a massive earnings beat.
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Lucid dismisses report that it is weighing filing for bankruptcy or going private after shares plunge
The report said Lucid was considering options that could include going private or filing for bankruptcy protection.
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Cybersecurity stocks rally on AI spending change comments from IBM’s Krishna
IBM CEO Arvind Krishna told CNBC’s Sara Eisen that some major deals were put on hold toward the end of the quarter as businesses rethink spending.
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Zipline adds ex-Tesla, Uber, Waymo execs to make drone delivery mainstream across U.S.
Zipline is growing its drone delivery business in the U.S., and has hired former Tesla, Uber Eats and Waymo executives to help it scale up in new markets.
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Morgan Stanley runs to Broadcom’s defense as investors worry about competition
Fears of the the chipmaker losing market share are overblown, analysts say.
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New York becomes first U.S. state to impose AI data center ban
New York became the first U.S. state to ban the construction of new large-scale AI data centers after Governor Kathy Hochul signed an executive order Tuesday.
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