Tag: markets
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SoftBank sinks 10% as Asia tech stocks tumble, tracking Wall Street losses
Asian semiconductor and technology stocks fell on Wednesday, tracking overnight losses on Wall Street.
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CNBC Daily Open: Tech in the sights of sellers again
The sell-off in technology accelerates in Asia after a short-lived recovery for chip stocks Stateside.
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Tech sell-off deepens as oil prices rise on renewed Iran tensions
Global stock markets fell on Wednesday, extending a volatile week driven by concerns about rising inflation, potential U.S. interest rate hikes, and escalating tensions in the Middle East.
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Beijing escalating AI espionage to catch up with the U.S. on tech, cybersecurity firm says
U.S. cybersecurity giant CrowdStrike said China-based entities made over half of state-sponsored cyberattacks on tech firms for artificial intelligence assets.
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Oil choppy after U.S. completes Iran strikes following Apache helicopter attack
Oil prices rose after the U.S. launched military strikes against Iran, raising concerns that renewed clashes may threaten shipping through the Strait of Hormuz.
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CNBC Daily Open: Trump’s Iran deal is ‘days away’ — yet again
U.S. Energy Secretary Chris Wright said ship traffic through the Strait of Hormuz was “rising very meaningfully,” although he did not provide specific data.
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Cramer’s lightning round: Ondas ‘is a meme stock’
“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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Entergy CEO pushes back on fears that AI data centers will drive up electricity bills
Entergy CEO Drew Marsh said data centers can be a win for local communities rather than a burden on residents.
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Prediction market Kalshi bets on compliance to address insider trading concerns
June 9 : Prediction market Kalshi said on Tuesday it will mandate employment disclosures for users trading on sensitive contracts and launch a whistleblower portal, steps aimed at aligning the platform with regulatory expectations for market integrity.The move by Kalshi marks a shift toward building instituti
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Jim Cramer says tech stocks are losing the qualities that made them the leaders of the rally
CNBC’s Jim Cramer said tech stocks are losing key traits that fueled their leadership since 2023.
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