Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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CAVA is ‘not a cheap stock.’ Investors should buy it anyway, Morgan Stanley says
The stock’s not cheap, but CAVA has strong fundamentals that should continue to drive upside, Morgan Stanley said.
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Watch Fed Chairman Kevin Warsh testify live before Senate banking committee
Part of congressionally mandated Capitol Hill appearances for the central bank leader, Warsh spoke Tuesday to the House Financial Services Committee.
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‘Arsenal of democracy’: Jamie Dimon announces $24 million effort to boost American shipbuilding
JPMorgan Chase CEO Jamie Dimon unveiled a $24 million package to bolster American shipbuilding, funding a new submarine facility at the Philadelphia Navy Yard.
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The earnings season has kicked off. Can companies meet the high bar that’s been set?
The corporate earnings season really got underway this week, with all the big banks reporting better-than-expected results across the board.
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We’re buying more of Jim Cramer’s favorite chip stock for the second time this week
We also added to our position on Monday.
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Warren Buffett on the market today: ‘It’s tough to find values when everybody is preferring gambling’
The investor has been sharply critical of the stock market, one that he says is increasingly defined by speculative trading as opposed to long-term investing.
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New York Fed President Williams says inflation has peaked, rates ‘well positioned’
Williams cited five reasons why he expects the latest price surge has run its course.
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Hassett sees no ‘excuse’ to raise rates, says Warsh will push Fed to ‘right answer’
Hassett, on CNBC, credited President Donald Trump’s policies after the latest consumer price index reading came in much lower than expected.
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Here are Wednesday’s biggest analyst calls: Nvidia, SpaceX, Tesla, Cava, AMD, Palantir, Microsoft & more
Here are Wednesday’s biggest calls on Wall Street.
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Wholesale prices unexpectedly declined 0.3% in June on big drop in gasoline
As with consumer prices, the index benefited from easing energy costs, particularly as oil fell due to the brief pause in tensions between the U.S. and Iran.
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