Several signs including a planned workforce reduction implies “weaker demand will persist beyond the near-term,” analysts said.
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Stifel downgrades Carvana as slowing demand for used cars erodes conviction in the auto seller
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GM says EVs are its ‘North Star’ as legacy automaker chases Tesla
The Chevrolet display is seen at the New York International Auto Show on April 16, 2025. Danielle DeVries | CNBC While Tesla remains the No. 1 electric vehicle manufacturer in the U.S. by a wide margin, General Motors said on Tuesday it has secured the No. 2 position and believes it has an “inherent advantage” […]
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How companies are using body heat sensors to make offices more efficient and hospitable
Butlr heat sensing tech provides insights into office space utilization. Courtesy of Butlr A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large […]
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Shares of department store Kohl’s surge 30% in wild trading
A Kohl’s store in Pleasant Hill, California, US, on Monday, Nov. 25, 2024. Kohl’s Corp. is expected to release earnings figures on November 26. Bloomberg | Bloomberg | Getty Images Shares of Kohl’s surged on Tuesday morning in volatile trading that echoed the meme stock rallies of recent years. The legacy department store’s stock more […]
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