Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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Meta has a ‘multibillion-dollar’ opportunity with its glasses, says Jefferies
Meta’s recently released line of smart glasses offers a “multi-billion dollar” opportunity that could boost shares of the struggling stock, per Jefferies.
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Novo Nordisk sues Eli Lilly, alleging misleading GLP-1 advertising
Novo asked the court to permanently stop Lilly from running the “deceptive” ads and require the drugmaker to issue corrective advertising.
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Stocks making the biggest moves premarket: General Motors, 3M, Novartis, Nebius & more
These are the stocks posting the largest moves in early trading.
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Oracle has taken a beating recently. Mizuho says it can more than double from here
Oracle is trading at a level well below its peers but its fundamentals are strong, making it a good buy, per Mizuho.
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Nebius stock surges as Nvidia discloses 9.3% stake in neocloud
Nvidia said it would invest $2 billion into Nebius in March.
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All eyes are on John Healey, the UK’s new finance minister. Here’s what’s at stake
J.P. Morgan boss Jamie Dimon, who backed Healey’s predecessor, has waded into the U.K.’s political debate.
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U.S. strikes Iran and Houthis threaten Saudi Arabia shipping as mediators push 10-day ceasefire
The latest cycle of strikes comes amid reports that regional mediators have presented Washington and Tehran with a proposal for a 10-day ceasefire.
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Treasury yields edge lower as investors map geopolitical risks
The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — was broadly flat at 4.594%.
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Boeing and Airbus prepare for next narrow-body battle – but airlines aren’t pushing for new jets yet
Boeing and Airbus are preparing their next narrow-body jets, but airlines and investors remain focused on production, deliveries and current aircraft.
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India’s largest asset management firm makes a muted market debut after a $1 billion IPO
SBI Funds Management, whose billion-dollar IPO garnered bids worth $31 billion, made a subdued debut with shares listing at a 7% premium.
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