Day: June 26, 2025
More Southeast Asians are flocking to China’s Chongqing city. Social media hype is a big reason
Chongqing, China. Jackyenjoyphotography | Moment | Getty Images A new trend is driving Southeast Asian tourists to China’s Chongqing city — viral social media clips of monorails running through a residential building, buildings perched atop hilly terrain, and a pedestrian bridge on the 13th floor. Flight bookings from Southeast Asia to Chongqing increased more than […]
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SpaceX crane collapse in Texas being investigated by OSHA
The SpaceX Starbase industrial complex and rocket launch facility in Boca Chica, Texas, US, on Thursday, April 17, 2025. Mark Felix | Bloomberg | Getty Images A SpaceX crane collapse at the company’s Starbase, Texas facility on Tuesday has prompted an investigation by the Occupational Safety and Health Administration, the federal agency told CNBC in […]
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S&P 500 futures are little changed as benchmark closes in on all-time high: Live updates
Traders work at the New York Stock Exchange on June 23, 2025. NYSE S&P 500 futures sat near flat Thursday night with investors on all-time high watch and awaiting inflation data. Futures tied to the broad index traded around their flatline, as did Nasdaq 100 futures. Dow Jones Industrial Average futures added 33 points, or […]
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Stocks making the biggest moves after hours: Nike, Core Scientific and more
Check out the companies making headlines in after-hours trading: Nike — The athletic retailer fell 2%. While Nike beat expectations on the top and bottom lines in the fiscal fourth quarter, the company said sales dropped 12% from the same period a year prior. CorMedix — The biopharmaceutical stock tumbled 10% after announcing a common […]
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Core Scientific shares surge 33% on report of buyout talks with CoreWeave
Piotr Swiat | Lightrocket | Getty Images Core Scientific shares surged 35% on Thursday following a report from The Wall Street Journal that artificial intelligence infrastructure vendor CoreWeave is in talks to acquire the bitcoin mining and hosting provider. The company’s stock was briefly halted after the report, and then proceeded to have its second-sharpest […]
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What’s driving Wall Street stablecoin interest? Trillions, and maybe biggest global money-moving shift since credit cards
After a brief pullback this week, shares of stablecoin issuer and recent IPO darling Circle were in rally mode again, soaring double-digits on a percentage basis in trading on Thursday, after having moved up by more than 600% percent since its debut on the New York Stock Exchange earlier this month. Bitcoin and ether have […]
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UBS gives 3 key AI stocks to own from here
UBS thinks Nvidia , Broadcom and Micron will continue to win big as artificial intelligence demand ramps up. In a note published Thursday, UBS highlighted three major pillars that will drive AI demand going forward: Model training for providers such as OpenAI, Google and Meta Consumer-facing products such as ChatGPT and AI overviews The building […]
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Bank investors bet on looser regulation under Trump. They are starting to see it
The first domino has fallen in the Trump administration’s bid to loosen regulations on Wall Street’s biggest banks. The Federal Reserve proposed changes Wednesday that would lower capital requirements for large U.S banks that were implemented in the years following the 2008 financial crisis. Tweaks to these rules, known as the enhanced supplementary leverage ratio, […]
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Microsoft says goodbye to the Windows blue screen of death
Digital boards are seen due to the global communications outage caused by CrowdStrike, which provides cyber security services to US technology company Microsoft, it was observed that some digital billboards in Times Square in New York City, United States, displayed a blue screen and some screens went completely black on July on 19, 2024. Selçuk […]
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Apple reveals complex system of App Store fees to avoid EU fine of 500 million euro
Omar Marques | Sopa Images | Lightrocket | Getty Images Apple Thursday made changes to its App Store European policies, saying it believes the new rules will help the company avoid a fine of 500 million euro ($585 million) from the EU for violating the Digital Markets Act. The new policies are a complicated system […]
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