Tag: United States
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U.S. says Strait of Hormuz is ‘free and open’ as Bessent says deal with Iran is close
U.S. Central Command said the “southern route of the Strait of Hormuz remains free and open”
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CNBC Daily Open: Mixed messaging on Iran-U.S. possible deal — but markets are cheering
Developements relating to the Strait of Hormuz remain in focus, amid op Washington and Tehran could reach a deal to open the Strait of Hormuz on Tuesday or Wednesday, U.S. Treasury Secretary Scott Bessent told CNBC.
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SoftBank jumps 10% as Asia tech stocks track Wall Street AI rally
Asian technology stocks rallied on Wednesday after Wall Street’s record-setting session fueled optimism around artificial intelligence and growth stocks.
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Pinterest shares fall on lukewarm sales guidance
Pinterest reported better-than-expected earnings and revenue for the second quarter, though its forecast was online in line with estimates.
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Arson suspect arrested as US northwest battles wildfires
Authorities reported that three fires burned more than 10,000 acres, destroying hundreds of buildings and forcing thousands of residents to evacuate.
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Novo Nordisk shares slide after guidance disappoints investors
Novo Nordisk raised its financial outlook as it tries to catch up with rival Eli Lilly in the booming GLP-1 market.
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Why Ford believes its 10.2% July U.S. sales decline was still a ‘good’ month
The July decline adds to a lackluster sales year for the automaker, with results off 9.7% compared to 2025.
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US hopeful Hormuz Strait deal will be done ‘today or tomorrow’ after ship hit
US Treasury Secretary Scott Bessent told broadcaster CNBC “there is a chance we may have a deal” in the coming hours, a day after President Donald Trump said the strait might reopen on Tuesday (Aug 4).
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US has used ‘virtually all’ of its long-range precision missiles during Iran war: Sources
NEW YORK: The US Army has used up much of its stockpile of highly accurate long-range missiles during its five-month war with Iran, according to three people familiar with the data, raising concerns about the military’s readiness for future conflicts.The missiles are principally the Army’s surface-to-surface
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Polymarket in talks for fundraising round at more than $20 billion valuation
The reports come after the company told CNBC in June that its annualized revenue was well above $1 billion.
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