Month: June 2025
Toyota Industries’ shares nosedive on $33 billion buyout deal — steepest fall in 10 months
The Toyota Industries Corp. logo at the company’s Nagakusa plant in Obu, Aichi Prefecture, Japan. Bloomberg | Bloomberg | Getty Images Shares of Toyota Industries slumped as much as 13% Wednesday, after Toyota Group’s reported 4.7 trillion yen ($33 billion) deal to take the company private. That includes a tender offer of $26 billion for shares of Toyota Industries […]
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Australia’s first-quarter economic growth stays flat at 1.3%, missing estimates
Sydney Harbour and the skyline of the central business district (CBD) in Sydney, Australia, on Tuesday, April 29, 2025. Bloomberg | Bloomberg | Getty Images Australia’s economy grew less than expected in the first quarter this year, the Australian Bureau of Statistics said in a statement Wednesday, as growth stalled amid the simmering global trade […]
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CNBC Daily Open: Recent gains in markets are likely just short-term optimism
Traders work on the floor of the New York Stock Exchange on June 3, 2025. NYSE Over the past week, Washington and Beijing have been trading barbs about violating their preliminary trade deal. Aside from that, higher steel and aluminum tariffs announced by U.S. President Donald Trump will kick in Wednesday. Amid all the trade […]
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Chinese couple charged with smuggling a biological pathogen into the U.S.
Theodore Levin United States Courthouse, Detroit Federal Building, Detroit, Michigan on August 25, 2010 Carol M. Highsmith | Buyenlarge | Archive Photos | Getty Images A Chinese researcher in Michigan and her boyfriend have been charged with smuggling a biological pathogen that “can cause devastating diseases in crops” into the United States, according to federal […]
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Trump’s Truth Social takes step toward launching bitcoin ETF with NYSE Arca filing
Anna Barclay | Getty Images President Donald Trump’s Truth Social platform moved a step closer to having a bitcoin exchange-traded fund available to everyday investors. NYSE Arca, the all-electronic arm of the New York Stock Exchange that handles most ETF trading, filed on Tuesday to list a bitcoin fund linked to the president’s media company, […]
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Asia-Pacific markets set to open mostly higher after tech rally lifts Wall Street
Landscape of Songdo International City. Incheon, South Korea. Photograph By Kangheewan. | Moment | Getty Images Asia-Pacific markets were set to open mostly higher Wednesday after Wall Street rose on the back of a tech rally, led by chipmaker Nvidia. Shares in the artificial intelligence darling advanced nearly 3%, extending Monday’s gains and driving Nvidia’s […]
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This 22-year-old startup founder got his college to pay him $200,000: ‘Sometimes, you just have to ask’
Emil Barr, 22, graduated from Miami University in May 2024. Courtesy of Emil Barr It’s no secret that college in the United States is expensive — about 43 million people live with student debt and the outstanding federal student loan balance stands at about $1.8 trillion, according to the Education Data Initiative. But startup founder […]
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Stock futures are little changed after S&P 500 posts second day of gains: Live updates
Traders work at the New York Stock Exchange on May 9, 2025. NYSE U.S. stock futures were little changed Tuesday night, after the S&P 500 notched a second straight day of gains. Dow Jones Industrial Average futures rose 5 points, or 0.01%. S&P 500 futures gained 0.01%, and Nasdaq 100 futures fell 0.02%. In extended […]
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New Elizabeth Warren report chronicles ‘130 days of Elon Musk’
Tesla CEO Elon Musk listens as U.S. President Donald Trump speaks to reporters in the Oval Office of the White House on May 30, 2025 in Washington, DC. Kevin Dietsch | Getty Images Sen. Elizabeth Warren’s office issued a report Tuesday chronicling Elon Musk’s “130 days” in President Donald Trump’s administration, accusing the billionaire of […]
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This cybersecurity play that’s up more than 40% in 2025 has room to run, managing partner says
CrowdStrike and Microsoft shares have had a solid start to 2025, and further upside is still ahead for both names, according to Key Advisors Group co-founder and CEO Eddie Ghabour. Ghabour, who is also managing partner at the firm, joined CNBC’s ” Power Lunch ” on Tuesday to give his thoughts on those stocks, as […]
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