Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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UBS CEO says the AI pullback is healthy — but there’s a bigger risk investors should watch
The Swiss banking gian reported pre-tax profits of $3.6 billion for the quarter, as CEO Sergio Ermotti warned of geopolitical volatility ahead.
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Treasury yields inch higher as Wall Street awaits Fed interest rate decision
The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — rose over 1 basis point to 4.614%.
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Minister apologizes as Korean leveraged ETF investors nurse heavy losses amid chip stock rout
Korean retail investors have racked up heavy losses from leveraged bets on stocks, following rule changes earlier this year.
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CNBC Daily Open: Banking beats, SK Hynix sinks and surprise attack rattles oil
Big banks in Europe beat expectations, but tech stays in the doldrums and oil prices surge after a surprise strike against U.S. forces.
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Britain tried war bonds before — and savers paid the price
Proposals for the U.K. to finance extra spending on defense by issuing “war bonds” may bring back some unhappy memories.
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BTS’ concerts have been so successful, it’s now bad for its own agency Hybe’s shares
Shares of Hybe tanked 16.09% on Tuesday, marking its worst day since June 2022. It then extended losses to tumble as much as 16.31% on Wednesday.
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Why America’s super rich have embraced the appeal of British soccer teams
American investors now control more than half the Premier League. CNBC examines why U.K. soccer clubs have become attractive long-term assets.
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Asian technology stocks extend sell-off with SoftBank down 7% as AI plays take a hit
Asian technology stocks extended their selloff on Wednesday, with semiconductor names leading declines after another weak session in the U.S.
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CNBC Daily Open: Renewed fire from Iran, a big quarter for SK Hynix and a quake in Japan
Iran launched a surprise missile attack on U.S. forces in the Middle East, forcing traders to reprice the odds that hostilities linger. Japan had a major quake.
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Audi continues U.S. product push with three-row Q9 SUV
Audi sales have struggled in the U.S. over the last several quarters. The brand has been hit by tariffs and a market shift away from EVs. New product may help.
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