Month: October 2025
Cocoa prices plunge to 20-month low — but investment banks warn ‘extreme’ sell-off could create problems
A farmer cutting a cocoa pod to collect the beans inside on a farm in Azaguie, Ivory Coast, on Friday, Nov. 18, 2022. Bloomberg | Bloomberg | Getty Images Cocoa’s winning streak is faltering after prices fell to an almost two-year low this week — but investment banks are warning the commodity has become “extremely […]
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Stocks making the biggest moves premarket: AST SpaceMobile, Joby, Trilogy Metals, Rocket Lab and more
Check out the companies making headlines in premarket trading. Joby Aviation — Shares of the electric air taxi maker plunged 11% after the company announced the pricing of a previously announced stock offering. Joby will sell 30,500,000 common shares for $16.85 each, translating to gross proceeds of around $513.9 million. AST SpaceMobile — Shares surged […]
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Verizon signs deal with AST SpaceMobile to provide cellular service from space. AST shares surge
AST SpaceMobile on Wednesday announced a deal with Verizon to provide cellular service from space beginning next year. This deal aims to bring direct-to-service connection via space to cell phone users “when needed” on Verizon plans, according to AST. It marks an expansion of a partnership between the two companies announced last year. AST shares […]
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France’s crisis takes an unexpected turn as Macron’s allies defy him
President of France Emmanuel Macron prepares to deliver a speech during a state banquet at Guildhall on July 9, 2025 in London, England. President Emmanuel Macron and Mrs Brigitte Macron are in the U.K. for the first visit state visit made by France in 17 years. They stayed at Windsor Castle, hosted by King Charles […]
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What the government shutdown means for commercial real estate
The sunset is reflected in the windows of the US Capitol as a man runs on the National Mall in Washington, DC, on October 1, 2025, the first day of the US federal government shutdown. Andrew Caballero-reynolds | Afp | Getty Images A version of this article first appeared in the CNBC Property Play newsletter […]
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Gold at $5,000? Here are the best ways to gain exposure to the safe-haven asset
Gold has scaled a new peak, smashing past $4,000 an ounce, a milestone that’s set Wall Street abuzz. As the metal hits new highs, veteran hedge fund manager Ray Dalio has urged investors to allocate as much as 15% of their portfolio to gold, as debt levels, inflation and government spending erode confidence in paper […]
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Auto giant shares tumble as European Union’s new steel tariffs spark industry panic
The BMW brand logo can be seen on the BMW four-cylinder (also known as the BMW tower and BMW high-rise), the main administration building and landmark of the vehicle manufacturer BMW. Picture Alliance | Picture Alliance | Getty Images Shares of Europe’s biggest carmakers traded lower on Wednesday, amid concern that the European Union’s latest […]
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Amazon launches prescription vending machines at One Medical clinics in Los Angeles
Amazon is launching prescription drug kiosks at some One Medical offices in Los Angeles, the company announced Wednesday, in a move that could disrupt brick-and-mortar pharmacy businesses. The kiosks are operated by Amazon Pharmacy and work similar to a vending machine, disbursing prescriptions for patients “within minutes” of their doctor visit, the company said. Each […]
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CNBC’s The China Connection newsletter: Venture capitalist who spotted Pop Mart early reveals his China playbook
This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. You can subscribe here. The big story Foreign investors have struggled to decipher if China can deliver the kind of returns that once seemed assured, especially in the fickle world of consumer […]
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Anthropic to open first India office as rival OpenAI boosts presence in the country
Samuel Boivin | Nurphoto | Getty Images Anthropic on Wednesday said it plans to open its first office in India, entering a market where artificial intelligence usage is growing and its rival OpenAI is already making headway. The Amazon-backed AI firm, valued at $183 billion, said it plans to open an office in Bengaluru in […]
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