Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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Michael Burry’s short bets on Tesla, Caterpillar pay off in big July pullback
Burry disclosed on June 30 that he had opened short positions in Caterpillar, Nvidia, Applied Materials and Tesla after each scored strong rallies.
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Why Costco keeps gas prices so low—it’s ‘straight out of the retail playbook,’ expert says
Higher gas prices are driving record demand for Costco’s gas stations as more Americans look to save at the pump.
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Stock pullback couldn’t come at a worse time for market
The S&P 500 is down 0.7% this week as of Thursday’s close, putting it on pace for its second straight weekly decline.
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Intel reported a huge earnings beat. Analysts are on the fence regarding the chipmaker
By and large, analysts kept their ratings on Intel intact after a massive second-quarter earnings beat. Here’s what analysts are saying about the stock now.
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SpaceX shares are fully valued even when taking into account an Elon ‘premium,’ says HSBC
The Wall Street firm initiated coverage with a hold rating and a $115 price target.
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Oil spurs a sell-off, Trump’s new tariffs, Intel earnings and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
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Stocks making the biggest moves premarket: Intel, Oracle, American Express & more
These are the stocks posting the largest moves premarket.
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Boom in tech wealth is fueling record prices for dinosaur bones, art and watches, auction houses say
The major auction houses racked up nearly $10 billion in sales in the first half, marking one of the strongest-ever starts to the year.
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