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NFT marketplace OpenSea says it received Wells notice from SEC: CNBC Crypto World
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Ben Gagnon, […]
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ETFs that bet solely on Nvidia are booming even in a sleepy summer for Wall Street
Investors have been jumping into single-stock funds that track Nvidia ahead of the chipmaker’s earnings report Wednesday, making this a key opportunity for a fast-growing corner of the ETF world to prove its worth. The GraniteShares 2x Long Daily Nvidia ETF (NVDL) has attracted more than $500 million of inflows over the last month, and […]
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Super Micro shares fall 23% on filing delay, Hindenburg Research report
Charles Liang, CEO of Super Micro Computer, during the AMD Advancing AI event in San Jose, California, on Dec. 6, 2023. David Paul Morris | Bloomberg | Getty Images Shares of Super Micro Computer tumbled more than 23% on Wednesday, after the company announced it would not file its annual report for the fiscal year with […]
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Nokia brand owner launches Barbie phone for $130 — with no internet
The HMD Barbie phone is a co-branded product with Mattel, the toymaking giant behind the franchise. HMD HMD, the company behind Nokia-branded phones, launched a Barbie-branded phone Wednesday that comes with calls, texts, and a classic “flip” design — but no internet or social media apps. The HMD Barbie Phone is a hot pink device […]
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Disney, Reliance overcome cricket concerns to win approval for $8.5 bln India merger
Walt Disney Co and Reliance Industries have won approval for an $8.5 billion merger of their Indian media assets subject to some modifications, India’s antitrust watchdog said on Wednesday, after the deal sparked concerns over control of cricket broadcasts. Reliance-Disney aims to create India’s biggest entertainment player to compete with Sony, Netflix and Amazon with […]
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Libya’s power divisions could once more fracture its oil output – as markets question for how long
Crude oil leaks from an oil pumping jack in an oil field in Russia. Bloomberg Creative | Bloomberg Creative Photos | Getty Images A political standoff in Libya risks once more paralyzing the north African country’s lucrative oil sector — but the frequency of its power tussles and crude disruptions have called long-term oil price […]
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Goldman issues warning on how quickly market confidence has recovered from an August stocks slump
Traders work on the floor of the New York Stock Exchange during morning trading on Aug. 23, 2024. Angela Weiss | AFP | Getty Images The speedy return of market confidence following a dramatic global sell-off in risky assets should be seen as a cause for concern, according to the head of asset allocation research […]
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U.S. government researchers visit a Korean mine as the race against China for critical minerals heats up
Workers in July 2019 expand a mine in Germany intended to increase supplies of tungsten and fluorspar. Picture Alliance | Picture Alliance | Getty Images BEIJING — U.S. government researchers recently visited a South Korean mine to assess progress towards boosting supply of a critical metal called tungsten from areas outside China, the mine operator […]
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China’s state media: Canada is ‘shooting itself in the foot’ with new EV tariffs
BEIJING, CHINA – DECEMBER 04: China and Canada flag is displayed in front of the Forbidden City on December 4, 2017 in Beijing, China. Lintao Zhang | Getty Images News | Getty Images China’s state media has criticized Canada over its decision to impose over 100% import tariffs on Chinese electric vehicles, using bolder language […]
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Hybe, K-pop’s largest agency, gains $282 million in market cap after sublabel CEO steps down
SEOUL, SOUTH KOREA – 2024/04/23: People walk past the Hybe Building in Seoul. Sopa Images | Lightrocket | Getty Images Shares of Kospi-listed Hybe popped as much as 4.97% on Wednesday after Min Hee-jin, the former CEO of sublabel ADOR, stepped down on Tuesday after market hours. This represented a gain of about 376.02 billion […]
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