Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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44 states are aligned on one thing in their fight against prediction markets. It’s about sports wagering
The letter is part of the commission’s public comment period for the first draft of its proposed rule on regulating prediction markets.
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Jim Cramer: J&J talc settlement is good for a stock that has so much going for it already
Jim Cramer described the recent trading action on Wall Street as a “J&J market.”
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Senate to set up key vote on Russia sanctions
The sanctions target Russian officials, oligarchs, their family members, foreign persons, Russian banks and financial institutions and the Russian shadow fleet.
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We’re trimming a rallying stock to protect against a potential earnings letdown
The sale comes a day before the company reports earnings.
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We’re upgrading our rating on Boeing as CEO Ortberg’s turnaround bears fruit
Boeing’s second-quarter results leaped over Wall Street expectations on the financial metric that matters most.
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Apple touches $5 trillion market cap for first time
The jockeying between Apple and Nvidia reflects a debate about the future of AI that has preoccupied investors this summer.
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U.S. Strategic Petroleum Reserve faces stress as emergency releases strain old infrastructure
The reserve has an authorized storage capacity of 714 million barrels, according to the Department of Energy.
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Stocks making the biggest moves midday: Boeing, Amkor, Corning, Sandisk, Iqvia & more
Here are some of the companies making headlines in midday trading.
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Buy these durable stocks with better-than-expected earnings for a choppy stock market, says Wolfe
The stock market has been sailing through choppy waters in July, which could make stocks with stronger fundamentals more appealing for investors.
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We’re buying the dip on one of our stocks for two key reasons
We don’t see signs of a slowdown in the parcel delivery industry, and believe FedEx is stealing share from its rival UPS.
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