Tag Archives: CNBC

Netflix to buy Warner Bros. Discovery, Ulta earnings, Meta’s rebound and more in Morning Squawk

Here are five key things investors need to know to start the trading day.

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Elon Musk’s X fined $140 million by European Commission over ‘deceptive’ blue checkmark and lack of transparency

The social-media platform has been fined by the bloc after breaching transparency obligations under the Digital Services Act (DSA).

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Nvidia partner Foxconn reports 26% revenue spike as AI boom continues

The Taiwanese company has increasingly moved into the AI infrastructure space in recent times

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Meet Binance’s new co-CEO Yi He: The mysterious and omnipresent ‘life partner’ of CZ

Binance Holdings, the world’s largest cryptocurrency exchange, named a new co-CEO in a major shake-up after its former head, Changpeng Zhao, received a presidential pardon. 

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Global websites back online as Cloudflare issues a dashboard fix

Shares of the company were down 4.5% in premarket trading after global websites went down and Cloudflare said it was investigating.

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Taiwan bans Chinese social media app RedNote for one year on fraud risks

It said that it will block access to the app, describing it as one that is “potentially becoming a high-risk area for online shopping fraud.”

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‘China’s Nvidia’ Moore Threads surges over 400% on trading debut after $1.1 billion listing

Shares of Moore Threads soared by more than 400% on its debut in Shanghai following its $1.1 billion listing.

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SoFi’s stock drops on $1.5 billion share sale announcement

SoFi said it’s selling $1.5 billion in stock after the company’s market cap almost doubled this year.

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Apple announces departure of general counsel and policy chief

The two executives previously reported to Apple CEO Tim Cook and represent the latest sign that Apple’s senior leadership is seeing a slew of exits.

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Microsoft will raise prices of commercial Office subscriptions in July

For the second time in five years, Microsoft is hiking prices for commercial customers of its widely used Office bundles.

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