Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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We’re raising our price target on Starbucks after a home-run quarter
Shares jumped in extended trading Thursday as CEO Brian Niccol’s turnaround gathers momentum.
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U.S. resumes strikes against Iran, retaliating against surprise missile attack
The U.S. forces began launching strikes against Iran Wednesday stateside, plunging the two sides back into open conflict after a days-long pause.
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Microsoft’s AI spending guide is music to our ears, quieting the bears — for now
Microsoft broke ranks — and the troubled stock was handsomely rewarded Wednesday evening.
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Inside India newsletter: Meta’s clout in the world’s largest democracy is surging — inviting scrutiny
Meta Platforms has strengthened its influence on India as Gen Z protesters widely relied on Instagram to raise their concerns against the Modi government.
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SpaceX faces House Energy Committee demand to tour its AI data centers in Memphis
The ranking member of the House Committee on Energy is demanding SpaceX records and a tour of its data centers and power plants in and around Memphis.
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Samsung Electronics second-quarter operating profit beats estimates on soaring AI chip demand
Samsung Electronics extended its record run with second-quarter operating profit topping analysts’ estimates.
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The U.S. wants Asia to use its AI — but China dominates cheaper models
The world’s largest continent is becoming the center of the artificial intelligence race between the U.S. and China.
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OpenAI CFO Sarah Friar tells employees that annualized revenue in July topped all of Q2
OpenAI is trying to reassure employees that the business is healthy as competition emerges from Anthropic as well as a host of open-source players.
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Vertiv CEO addresses 17% stock plunge, disappointing quarter: ‘This is a temporary issue’
Vertiv CEO Gio Albertazzi said the company’s revenue growth miss reflected temporary project timing and supply chain issues, not weakening demand.
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Cramer’s lightning round: Buy Astera Labs
“Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed.
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