Tag: business news
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Rebounding oil exports through Strait of Hormuz are vulnerable to stepped-up Iranian tanker attacks
Nearly 20 commercial ships, mostly tankers, have come under attack over the past month while sailing through the Hormuz chokepoint.
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Russian lab worker’s suspected plague death leaves experts puzzled
Russian authorities say the situation is stable and there are no reports of secondary cases.
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SpaceX stock is taking off again, but with one key difference this time
Traders are assigning less than a 50% chance SpaceX touches $225 at any point between now and July, according to options pricing.
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Corteva just underwent a big spinoff. JPMorgan says the agriculture stock is now poised for big gains
The investment bank upgraded the stock to overweight from neutral.
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This household goods stock has lagged the broader market. Evercore ISI sees a comeback
The investment firm upgraded the household goods stock to outperform from in line.
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Barbie maker Mattel faces investor pressure to consider a sale amid stagnating growth
Mattel is facing pressure from a major investor to consider a sale amid struggling sales and profitability, according to various reports on Monday.
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House China committee chair urges Fed to review Hong Kong’s access to dollar lifeline
Rep. John Moolenaar wants the Fed to rethink Hong Kong’s access to a dollar-liquidity facility as China promotes the renminbi as a global currency.
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Trump allows cheaper, dyed diesel on highways to blunt historic fuel-cost spike ahead of midterms
The U.S. national average price of diesel topped $6 a gallon in September for the first time ever, as fuel supply disruptions pushed up transportation costs in the country.
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How quant funds beat the market by being ‘early, contrarian and right’
Quantitative hedge funds have captured big trends in bonds and oil to outperform the stock market this year.
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This satellite stock has crashed 66%. Jim Cramer says it’s time to start buying
CNBC’s Jim Cramer said Planet Labs’ lower valuation and improving business are enough to make him start buying.
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