Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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The best energy stocks right now as two major conflicts keep oil prices elevated
What Brian Sullivan is hearing from energy insiders.
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Nvidia unveils new AI model and expands Japan’s physical AI ecosystem
Nvidia announces new AI model, Cosmos 3 Edge, and expansion of its physical AI ecosystems in Japan.
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BlackRock posted blowout earnings. JPMorgan says the asset management giant is a buy
The investment bank upgraded the asset management giant to overweight from neutral.
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U.S. grocery slowdown deepens as shoppers buy fewer items, raising pressure on food companies
New data show the U.S. grocery slowdown is deepening as shoppers buy fewer items, forcing grocers and brands to compete harder on price and value.
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Eli Lilly to buy psychedelics maker AtaiBeckley for $2.8 billion as experimental treatments gain traction
The deal for AtaiBeckley gives Lilly access to experimental drugs based on DMT and MDMA.
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Wall Street’s profit boom has Europe ripping up its banking rulebook
A major overhaul of Europe’s banking rules could provide a boost to the continent’s banking sector.
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UnitedHealth blows past estimates, hikes earnings outlook as it reins in costs
The healthcare giant is working to stabilize margins by shrinking membership, exiting unprofitable contracts and pouring $1.5 billion into AI.
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Treasury yields rise as Wall Street awaits retail sales and unemployment data
The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — rose over 2 basis points to 4.573%.
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Catching up in the AI race? India gets its second AI unicorn in a month
Two Indian AI startups have become unicorns in a month, which has raised hopes that the country could shed its reputation as an AI laggard.
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Iran warns U.S. of Hormuz ‘red line,’ says it will retaliate to Trump’s strike threats
Trump warned that the U.S. will target Iranian infrastructure next week if negotiations do not resume.
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