Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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Why the drop in stocks and oil market reaction is not worse after Trump’s comments
All things considered, markets are taking the latest escalation in Middle East in stride.
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Delta launches ‘basic business’ fares without lounge access, seat selection
Delta is launching basic business and other stripped-down premium classes that come with fewer perks.
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Strait of Hormuz traffic won’t return to normal until 2027 after latest setback, Kalshi traders predict
Speculators now see just a 44% chance that traffic flows return to normal by Dec. 1.
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OpenAI to publicly release GPT-5.6 AI models, ending government-requested limits
OpenAI’s chief rival, Anthropic, recently restored access to its latest models following a weeks-long clash with the government.
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Here are Wednesday’s biggest analyst calls: Nvidia, Netflix, SpaceX, Apple, Wynn, Block, Strategy, General Motors & more
Here are the biggest calls on Wall Street on Wednesday.
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Bezos’ Blue Origin valued at $130 billion in first public fundraising round
Bezos’ Blue Origin is raising outside capital in a round valuing the rocket company at $130 billion, sources told CNBC’s Andrew Ross Sorkin.
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General Motors has underperformed in 2026. JPMorgan sees a comeback
The investment bank raised its price target on the auto giant.
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A Berkshire-backed oil and gas producer is likely to benefit from strategy shift, Evercore ISI says
Occidental Petroleum is likely to gain from efforts to improve its capital efficiency and return value to shareholders, according to Evercore ISI.
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