Tag: markets
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Stocks making the biggest moves premarket: Meta, Microsoft, Teladoc, Norwegian Cruise Line & more
These are the stocks posting the largest moves in the premarket.
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Yum Brands reports mixed results but gives no update on Taco Bell cyclospora outbreak
The restaurant company provided no update on the cyclospora outbreak tied to Taco Bell restaurants is affecting its business.
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Oil prices move higher as Iran threatens response to latest U.S. strikes
Brent crude futures, the international benchmark, gained 1.5% to $92.10 a barrel. U.S. West Texas Intermediate futures advanced 0.9% to $85.23 per barrel.
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Meta tanks nearly 9%, Microsoft jumps 8% as the AI trade splits Big Tech
Microsoft posted strong Azure and Copilot growth, while Meta missed revenue guidance forecasts as free cash flow plunged leading to diverging stock moves.
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Rolls-Royce jumps 4% as it sees boost from both the defense boom and AI data center buildout
Orders in the company’s data center power business grew more than 50% in the first half of the year.
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CNBC Daily Open: Oil heats up on Middle East tensions as Fed sees a ‘family fight’
Tensions in the Middle East are heating up again. U.S. forces hit Iran late Wednesday stateside, after Trump’s threat to give Tehran a “beating.”
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China threatens retaliation against U.S. humanoid robot ban, says it ‘severely damages’ relations
China’s Commerce Ministry said Thursday the U.S. Federal Communications Commission has repeatedly ignored Beijing’s restrained stance.
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China AI supplier Zhongji Innolight slips in Hong Kong debut after $6.8 billion IPO
Shares of Zhongji Innolight fell on Thursday after the Chinese optical transceiver maker made its trading debut on the Hong Kong Stock Exchange.
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CNBC Daily Open: From geopolitics to monetary policy, fighting takes center stage
The Fed’s “family fight” returns U.S. President Donald Trump threatens to give Iran a “beating,” and investors actually gave one to Meta.
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The market is overreacting to Meta’s earnings and guidance. Here’s our plan
Nothing we saw today changes changes our long-term thesis on the stock.
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