Tag: Business
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PayPal board sees Stripe-Advent offer as inadequate, sources say
(Refiiles to remove duplication of Stripe no comment)By Milana Vinn and Manya SainiJuly 16 : PayPal’s board sees a $53 billion takeover bid by rival Stripe and private equity firm Advent International as undervaluing the company and facing regulatory and financing hurdles, a person familiar with th
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SpaceX Starship rocket aborts before liftoff in 13th flight test attempt
WASHINGTON, July 16 : SpaceX’s Starship rocket triggered a last-second abort before liftoff for its 13th flight test from Texas on Thursday, postponing the mission by at least 24 hours with the company studying what likely caused the automated scrub.”We did trigger a hold on the booster that aborted our lifto
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Jim Cramer says the pullback in this aerospace giant is a buying opportunity
CNBC’s Jim Cramer said GE Aerospace’s post-earnings sell-off overlooks another strong beat-and-raise quarter.
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Jim Cramer likes these 5 non-tech stocks Wall Street got wrong this earnings season
CNBC’s Jim Cramer said Wall Street unfairly punished several companies despite delivering strong earnings.
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Cramer’s lightning round: ‘Vertiv is in speculative hands right now’
“Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed.
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Microsoft’s Nadella criticizes Anthropic’s Fable for being ‘editorially controlled’
Microsoft enjoys close ties to Anthropic, but it’s also working to help companies refine models that keep their data private.
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Has Nike lost its ‘cool’ factor? LeBron James weighs in
Nike’s stock has slumped as the sportswear giant faces new competitors and waning influence. LeBron James has some advice on how to regain its ‘cool’ factor.
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Netflix earnings forecast disappoints Wall Street, shares tumble
LOS ANGELES, July 16 : Netflix forecast third-quarter revenue and earnings on Thursday that fell short of Wall Street targets and said it would cut the frequency of viewing-hours reports as the company seeks new avenues of growth.Shares of Netflix fell nearly 8.6 per cent in after-hours trading to $67.99.
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Brookfield-backed Csquare valued at $3.2 billion in NYSE debut
July 16 : Brookfield-backed data center provider Csquare’s shares opened marginally lower before closing 1.57 per cent lower in their New York Stock Exchange debut on Thursday, after the initial public offering was priced below its marketed range.Shares opened at $20.9 after the Dallas-based company priced it
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Netflix earnings forecast disappoints investors, shares tumble
LOS ANGELES, July 16 : Netflix offered third-quarter revenue and earnings projections on Thursday that hovered below Wall Street targets and said it would reduce the amount of information it discloses on viewing hours as the streaming video pioneer seeks new avenues of growth in a competitive media landscape.
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