Tag Archives: CNBC

De minimis trade loophole that boosted Chinese online retailers to end May 2

The announcement, which came alongside a set of sweeping new tariffs, gives customs officials, retailers and logistics companies a month to prepare.

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Apple leads drop in tech stocks after Trump tariff announcement

Tech stocks fell after hours on Wednesday following President Trump’s announcement of reciprocal tariffs.

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Amazon submits bid for TikTok as ban deadline nears

TikTok’s future in the U.S. hangs in the balance ahead of a potential ban on April 5.

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Eric Trump says he moved to crypto after family business became ‘most canceled company’

Eric Trump told CNBC that his family was “driven toward cryptocurrency” due to the way their business was treated.

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Applovin in negotiations for potential TikTok bid, sources say

AppLovin is one of the potential bidders attempting to acquire TikTok, sources familiar with the situation told CNBC’s David Faber on Wednesday.

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Amazon to launch first batch of Kuiper satellites on April 9

The launch is a pivotal step toward beginning commercial service for Kuiper, Amazon’s initiative to beam high-speed internet to customers from low earth orbit.

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Trump’s tariff ambiguity leaves gadget makers in limbo: ‘I’m going to run out of appliances’

Consumer electronics companies reliant on manufacturing operations in China, Mexico and Canada are reeling from the uncertainty surrounding Trump’s tariffs.

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Tesla shares rise on unconfirmed report Elon Musk could be leaving DOGE post soon

Tesla shares rose after Politico reported that CEO Elon Musk could leave his post at the so-called Department of Government Efficiency.

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Nintendo Switch 2 details: Price, screen size, controllers, microphone chat and games

Nintendo will launch game titles including “Mario Kart World” and “Street Fighter 6” alongside the new hardware.

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Tesla reports 336,000 vehicle deliveries in first quarter, 13% drop from a year ago

Tesla reported a 13% year-over-year drop in first-quarter deliveries two days after the company’s stock wrapped up its worst quarter since 2022.

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