World
Stocks making the biggest moves midday: Nvidia, Corning, Helen of Troy, UiPath and more
Check out the companies making headlines in midday trading: Nvidia — Shares of the artificial intelligence darling popped 1.8% following KeyBanc’s price target hike to $180, which implies about 40% upside from Monday’s close. The firm said demand for Nvidia’s H100 chip “remains robust” even with the imminent launch of Blackwell in the second half […]
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Greece defends new six-day working week legislation, says it’s an ‘exceptional measure’
The Parthenon temple is seen empty due to heatwave in Athens, Greece on June 12, 2024. Costas Baltas | Anadolu | Getty Images The Greek government has defended its new six-day working week policy, saying it is an “exceptional measure” that would only be applied in “specific circumstances.” Greece introduced in early July new regulation […]
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Fed Chair Powell says holding rates high for too long could jeopardize economic growth
Federal Reserve Chair Jerome Powell speaks during a House Financial Services Committee hearing on the “Federal Reserve’s Semi-Annual Monetary Policy Report” on Capitol Hill in Washington, U.S., March 6, 2024. Bonnie Cash | Reuters Federal Reserve Chair Jerome Powell on Tuesday expressed concern that holding interest rates too high for too long could jeopardize economic […]
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Vacuum cleaner manufacturer Dyson to cut around 1,000 jobs in the UK
A selection of vacuum cleaners sit in the reception area at the Dyson Group campus in Malmesbury, U.K., on Wednesday, Sept. 26, 2018. Bloomberg | Bloomberg | Getty Images Vacuum cleaner manufacturer Dyson is set to cut around 1,000 jobs in the U.K. as part of a review of its business. The company, best known […]
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France’s Macron always wanted more influence in Europe. He’ll now have less
French President Emmanuel Macron on a campaign poster back in 2022. Sebastien Salom-gomis | Afp | Getty Images French President Emmanuel Macron’s failed snap election gamble is likely to take a large toll on his political ambitions and legacy, analysts say — and to weaken the power and influence he has sought to build in […]
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Singapore point out investor Temasek to focus on early adopters of AI in the U.S. cautious on China
A Temasek Holdings signage at their business office in Singapore. Munshi Ahmed | Bloomberg | Getty Photographs Singapore’s Temasek said Tuesday most of its investment decision funds will preserve likely into the U.S. with the state expense business concentrating on the early adopters of AI amongst common industries in the state. Though the U.S. overall […]
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CNBC Daily Open: Are markets too optimistic?
Traders work on the floor of the New York Stock Exchange during morning trading on January 04, 2023 in New York City. Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no […]
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BP shares fall 3% right after warning of up to $2 billion impairment, weak refining margins
BP in 2020 set out its ambition to develop into a net zero enterprise “by 2050 or sooner.” Matt Cardy | Getty Pictures News | Getty Visuals BP shares dropped on Tuesday following the business flagged it expects to put up an impairment of up to $2 billion in the next quarter and warned of […]
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Stolen crypto doubled to $1.38 billion in the first 50 percent of 2024, research business states
Filip Radwanski | Sopa Pictures | Lightrocket | Getty Photos Hackers much more than doubled their cryptocurrency spoils in the to start with half of 2024 compared with a year in the past, a report from blockchain investigation business TRM Labs showed. The report explained $1.38 billion worthy of of crypto was looted between Jan. […]
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Japan and Philippines’ defense pact seeks to counter China’s aggression in the region, experts say
Japan’s Prime Minister Fumio Kishida (R) greets Philippines’ President Ferdinand Marcos Jr. during their bilateral meeting, on the sidelines of the ASEAN-Japan Summit, at the prime minister’s official residence in Tokyo on December 17, 2023. Franck Robichon | Afp | Getty Images Japan and Philippines’ defense pact signed on Monday seeks to counter China’s increasing […]
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