Month: October 2025
Stocks making the biggest moves midday: TopBuild, Confluent, Alcoa, Viasat, Joby Aviation and others
Check out the companies making the biggest moves midday: TopBuild — The insulation installer rallied almost 8% after agreeing to buy Specialty Products and Insulation for $1 billion in cash . “The addition of SPI’s resources and capabilities further enhances our customer value proposition while its complementary fabrication footprint strengthens and expands our presence across […]
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This Wall Street strategist thinks small caps are ‘inferior.’ Where to pick your spots
Small caps may have climbed to all-time highs, but investors shouldn’t expect a repeat performance, according to Trivector Research. The Russell 2000 has rallied to all-time highs after clearing its prior record going all the way back to November 2021. It topped 2,500 for the first time this week, and it’s up more than 10% […]
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Senate to vote on funding bills again as government shutdown enters second week
U.S. Senate Minority Leader Chuck Schumer (D-NY) speaks next to Senator Brian Schatz (D-HI) and Senator Amy Klobuchar (D-MN) during a press conference at the U.S. Capitol on the third day of a partial government shutdown, on Capitol Hill in Washington, D.C., U.S., Oct. 3, 2025. Nathan Howard | Reuters The Senate is set to […]
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Government shutdown causes flight delays across the country
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Squawk on the Street CNBC’s Phil LeBeau joins ‘Squawk on the Street’ with details on how the government shutdown is impacting travel. 03:58 44 minutes ago Phil LeBeau Source
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Iraq signs deal with Exxon to help develop large oilfield
A worker checks the valve of an oil pipe at Nahr Bin Umar oil field, north of Basra, Iraq. Essam Al-Sudani | Reuters Exxon Mobil signed an agreement with Iraq on Wednesday to help it develop its giant Majnoon oilfield and expand oil exports, government officials and sources said, marking the U.S. major’s return to the […]
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Nvidia’s Huang says he’s surprised AMD offered 10% of the company in ‘clever’ OpenAI deal
Nvidia CEO Jensen Huang said Wednesday that he’s surprised Advanced Micro Devices offered 10% of itself to OpenAI as part of a multibillion-dollar partnership announced earlier this week. “It’s imaginative, it’s unique and surprising, considering they were so excited about their next generation product,” Huang said in an interview with “CNBC’s Squawk Box.” “I’m surprised […]
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European steelmakers rise after EU proposes slashing tariff-free import quota
LONDON — European stocks moved higher on Wednesday, as investors reacted to proposed tariffs on steel imported into the European Union. The pan-European Stoxx 600 was up around 0.6% by 3 p.m. in London (10 a.m. ET), with most sectors and major bourses in positive territory. The U.K. has been left fearing for its beleaguered […]
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James Comey to be arraigned on criminal charges that Trump sought
FILE PHOTO: Former FBI Director, James Comey appears before the Senate Intelligence Committee in the Hart Office Building on Thursday June 08, 2017 in Washington, DC. Matt McClain | The Washington Post | Getty Images Former FBI Director James Comey is set to be arraigned Wednesday morning on criminal charges in Virginia that President Donald […]
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Bank of England warns of ‘sharp market correction’ if AI bubble bursts
Bank of England, the Royal Exchange and the statue of the Duke of Wellington in the City of London on 19th February 2025 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images The Bank of England on Wednesday warned that the risk of a “sharp market correction” has increased, noting that valuations […]
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Nvidia’s Huang says AI computing demand is up ‘substantially’ in the last 6 months
Nvidia CEO Jensen Huang said demand is up huge this year as artificial intelligence models develop further from answering simple questions to complex reasoning. “This year, particularly the last six months, demand of computing has gone up substantially,” said Huang on CNBC’s “Squawk Box.” The CEO of the AI chip leader was answering a question […]
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