Month: July 2024
CNBC Daily Open: Dow drops, Netflix beats estimates, Nvidia rebounds
Traders work on the floor of the New York Stock Exchange during morning trading on Jan. 31, 2024 in New York City. Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no […]
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Cybersecurity giant Crowdstrike suffers major outage affecting businesses around the world
In this photo illustration, CrowdStrike logo of a U.S. cybersecurity technology company is seen on a smartphone and a pc screen. Pavlo Gonchar | Sopa Images | Lightrocket | Getty Images Cybersecurity firm Crowdstrike suffered a major outage on Friday, the company told NBC, impacting businesses globally. The outage resulted from an issue with the […]
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In the face of trade tensions, China says it will focus on its own economy
Key Points “As long as we do our own things well, we can ensure the national economy can run smoothly and steadily move forward,” Han Wenxiu, deputy director at the Chinese Communist Party’s central committee office for financial and economic affairs said. The press conference followed the end of a high-level meeting policy called the […]
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Microsoft says it restored cloud services after global outage
The exterior view of the Microsoft Times Square building in New York City on Jan. 29, 2023. Kena Betancur | Corbis News | Getty Images Microsoft’s cloud services have been restored after suffering an outage, the company said on Friday. The U.S. tech giant said late on Thursday that customers in the Central U.S. region […]
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This is the right age to give your child a smartphone, according to an NYU mental health researcher
A medium close-up front view of a teenage girl who is sending text messages to a friend and checking her social media as she waits in the corridor of the high school she attends. Solstock | E+ | Getty Images Parents around the world are debating when to give their children smartphones, as evidence grows […]
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Ukraine risks North and South Korea-like division, says former Singapore diplomat
This photograph taken on June 16, 2024, shows “dragon’s teeth” fortifications installed by Ukrainian army in the Donetsk region, amid the Russian invasion of Ukraine. Roman Pilipey | Afp | Getty Images Russia’s war on Ukraine could end with the latter being divided into two — like North and South Korea, according to Singapore’s former […]
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Britain’s Labour faces an uphill battle as it looks to rein in AI’s key players
An Internet user checks ChatGPT on his mobile phone, Suqian, Jiangsu province, China, April 26, 2023. Future Publishing | Future Publishing | Getty Images LONDON — Britain is set to introduce its first-ever law for artificial intelligence — but Prime Minister Keir Starmer’s new Labour government faces a delicate balancing act of forming rules that […]
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Trump speech details assassination attempt: ‘I’m not supposed to be here tonight’
Former President Donald Trump recounted the assassination attempt that nearly killed him during his Republican National Convention acceptance speech in Milwaukee on Thursday night. “I’m not supposed to be here tonight,” said a somber Trump, with a bandage covering his right ear, which was nicked by a bullet. “As you already know, the assassin’s bullet came within […]
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China’s cooking oil scandal prompts residents to buy oil presses amid food safety concerns
A shopper passing by shelves of cooking oil in a supermarket in Hangzhou city in China’s Zhejiang province. Feature China | Future Publishing | Getty Images A controversy over cooking oil in China has prompted locals to take matters into their own hands as they strive to procure alternative supplies amid worries over the safety […]
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After a volatile week for tech stocks, here are the top analyst calls on Nvidia, Netflix and more
Tech stocks continued to sell off this week, as investors dumped more megacap tech names on Thursday. The tech-heavy Nasdaq Composite lost 0.7% Thursday after suffering its worst session since 2022 the day before. Chip stocks drove much of the volatility, moving lower Wednesday on reports of tougher export restrictions from the U.S. Investor-favorites Nvidia and U.S.-listed […]
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