Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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French biotech stock soars 25% after new data on experimental medicine
Shares of French biotech company Abivax soared Tuesday after it released fresh data on its lead drug for bowel disease.
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Apple iPhone 18 Pro supplier list, parts and photos exposed in Tata data leak
The exposure threatens the carefully negotiated business of building the iPhone, which Apple assembles from a thicket of suppliers worldwide.
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CNBC Daily Open: ECB goes ‘back to basics’
ECB President Christine Lagarde says the recent hike was “justified under every scenario,” as Fed Chairman Kevin Warsh prepares to speak at the event.
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Short sellers keep betting against Pop Mart — even though it’s been a losing trade
Short sellers are doubling down on Pop Mart International even as a recent share price recovery turns their bearish bets on the Chinese toymaker increasingly risky.
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Rafael Nadal talks tennis prize money, his hotels, and what sports taught him about business
Rafael Nadal opened his fourth Zel hotel as he expands into hospitality, education and sports after retiring from tennis.
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BofA says these trades combine seasonals for 3Q, the month and the presidential cycle
Bank of America looks at seasonal trades for the third quarter, the coming month and the second year of a presidential cycle.
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Australia’s competition regulator takes Amazon to court over alleged unfair Prime subscription contract terms
Australia’s competition regulator is taking Amazon to court, alleging its Prime contracts required subscribers to pay AU$2.99 to avoid advertising, with no option for refunds
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China factory activity grows faster than expected in June on tech export demand
China’s manufacturing engine held up this year as surging demand for artificial intelligence technology helped offset the drag from Middle East turmoil.
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Japanese yen sinks to weakest level since 1986, keeping intervention risks in focus
The Japanese yen weakened to its lowest level against the U.S. dollar since 1986 on Tuesday, keeping investors on alert for possible intervention from Japanese authorities.
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CNBC Daily Open: An A-grade showing for Alphabet on its Dow debut
Politics also are on the radar as the Supreme Court handed President Donald Trump a split scorecard on executive power.
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