Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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World’s largest olive oil company says market has ‘definitively’ entered new phase
The update comes as analysts raise concerns about the prospect of global olive oil supplies swinging dramatically from one season to the next.
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India’s biggest IPO this year rakes in bids worth $31 billion, powered by institutional frenzy
The IPO of India’s largest asset manager closed on Thursday, drawing keen interest from institutional investors.
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Oil rises as Iran threatens retaliation if Trump targets country’s critical infrastructure
Oil prices rose Friday as investors weighed escalating threats between the United States and Iran.
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CNBC Daily Open: Trump takes the stage — without his longtime teleprompter operator
U.S. President Donald Trump is poised to give a primetime speech on Thursday focusing on election security, although with a new teleprompter operator.
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SoftBank sinks 8% as Japanese chip stocks track Wall Street AI sell-off
Japanese AI-linked stocks tumbled as a fresh rout in U.S. semiconductor shares spread across Asia after Taiwan Semiconductor Manufacturing’s outlook failed to reassure investors.
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Seven & i shares jump 4% on report of stake talks with Polish convenience chain Zabka
Shares of Seven & i Holdings Co. jumped 4% after a Nikkei report flagged stake talks with Poland’s Zabka Group.
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One of China’s top investors says finance, not AI, is the country’s biggest bottleneck
Finance would be China’s weak point in a prolonged rivalry with the U.S. which has the world’s deepest capital market, says Primavera Capital founder Fred Hu.
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SpaceX aborts Starship test flight, sending stock lower
Elon Musk said it would make another attempt “hopefully in a few days.” SpaceX completed the maiden test flight of its Starship V3 rocket in May.
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Jim Cramer says the pullback in this aerospace giant is a buying opportunity
CNBC’s Jim Cramer said GE Aerospace’s post-earnings sell-off overlooks another strong beat-and-raise quarter.
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Jim Cramer likes these 5 non-tech stocks Wall Street got wrong this earnings season
CNBC’s Jim Cramer said Wall Street unfairly punished several companies despite delivering strong earnings.
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