Month: November 2025
British utility SSE seeks to raise $2.7 billion for grid investments, shares soar
The chief executive of British power firm SSE says a rapid build-out of renewable projects can help the U.K. to secure its energy security and bring costs down for consumers. Lindsey Parnaby | Afp | Getty Images British utility SSE unveiled a 33 billion pound five-year investment plan on Wednesday, including a 2 billion pound […]
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Howard Marks highlights credit ‘carelessness’ but says issues are not systemic
Howard Marks, co-founder of Oaktree Capital Group, at the Qatar Economic Forum (QEF) in Doha, Qatar, on Wednesday, May 21, 2025. Bloomberg | Bloomberg | Getty Images Veteran investor Howard Marks has warned that cracks unearthed in the credit market demonstrate investor “complacency” and “carelessness” — but stopped short of calling the turmoil a broader […]
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House to vote on bill to end shutdown around 7 p.m. ET Wednesday, Rep. Scalise says
The U.S. House of Representatives will vote early Wednesday evening to end the longest government shutdown in history, Rep. Steve Scalise (R-La.) said. “We’ll start the process probably around four, five o’clock. The actual vote on the bill to fund the government will probably come later, around seven o’clock,” the House majority leader told CNBC. […]
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Coinbase moves incorporation to Texas from Delaware, following Musk’s lead
Brian Armstrong, chief executive officer of Coinbase Global Inc., speaks during the Messari Mainnet summit in New York, on Thursday, Sept. 21, 2023. Michael Nagle | Bloomberg | Getty Images Coinbase is following Tesla out of Delaware and into Texas. Paul Grewal, Coinbase’s chief legal officer, wrote in a Wall Street Journal op-ed on Wednesday […]
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Stocks making the biggest premarket moves: Advanced Micro Devices, Clearwater Analytics, On Holding and more
Check out the companies making headlines before the bell. Advanced Micro Devices — The chipmaker jumped nearly 6% in reaction to robust long-term growth targets made at its Investor Day , including an internal forecast that the company’s data center revenues will jump 60% in the next three to five years. BILL Holdings — Bloomberg […]
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AI trade stalls, ‘ghost job’ listings, Trump floats tariff rebate checks and more in Morning Squawk
Mike Intrator, Chief Executive Officer and founder of CoreWeave, poses for a photo during the company’s Initial Public Offering(IPO) at the Nasdaq headquarters on March 28, 2025 in New York City. Michael M. Santiago | Getty Images This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things […]
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Smart travel app beats airlines: Flighty CEO Ryan Jones on how the app works
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Ryan Jones, Flighty CEO, joins ‘Squawk Box’ to discuss the how the company is able to provide live flight tracking and alerts to customers before airlines, impact of the government shutdown on air travel, and more. Source
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Autonomous EV trucking company Einride going public in SPAC deal valuing it at $1.8 billion
The Einride EV freight truck charging station in Lynwood, California, built by Voltera and located close to the Ports of Los Angeles and Long Beach. Einride Autonomous EV freight trucking company Einride is planning to go public on the New York Stock Exchange through a SPAC deal with Legato Merger Corp. III, a blank check […]
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Mortgage demand from homebuyers hits highest level since September, despite rising interest rates
An aerial view of a housing development on Aug. 8, 2025 in Las Vegas, Nevada. Justin Sullivan | Getty Images As the housing market heads into its traditionally slowest season, homebuyers are making one last gasp, likely due to more supply on the market and softening prices. Mortgage applications to purchase a home rose 6% […]
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India inflation cools more than expected in October, boosting hopes for further rate cuts
A man pushes a trolley inside a supermarket in Mumbai, India, on September 7, 2025. (Photo by Indranil Aditya/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images India’s consumer inflation cooled to 0.25% in October, strengthening hopes of more policy easing by the Reserve Bank of India. The headline inflation number was below estimates […]
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