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CNBC Daily Open: Inflation’s hot, but so are markets this year
Employees work at stations on the factory floor of Vanson Leathers, in their New Bedford factory, on Sept. 26. Lane Turner | Boston Globe | 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 matter […]
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ServiceTitan pops to $101 in cloud software vendor’s Nasdaq debut after selling shares at $71
Vahe Kuzoyan, president & co-founder of ServiceTitan, poses for photos after ringing the opening bell at the Nasdaq MarketSite on Dec. 12, 2024. Michael M. Santiago | Getty Images News | Getty Images ServiceTitan shares popped 42% in their Nasdaq debut on Thursday after the provider of cloud software to contractors raised around $625 million […]
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Analysts have hiked price targets on these 5 stocks ahead of earnings next month
Analysts have hiked price targets on these 5 stocks ahead of earnings next month A large number of Wall Street analysts have turned bullish on five stocks ahead of their quarterly earnings reports. The U.S.-listed stocks are Costco , Amazon , Robinhood , Deckers Outdoors and Synchrony Financial . CNBC Pro screened for Buy-rated stocks […]
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Alphabet and Tesla reach fresh records, joining Amazon and Meta and pushing Nasdaq past 20,000
Tech stocks on display at the Nasdaq. Peter Kramer | CNBC Alphabet and Tesla climbed to fresh records on Wednesday, closing at all-time highs alongside Amazon and Meta as the tech megacaps lifted the Nasdaq past 20,000 for the first time. Tech’s seven trillion-dollar companies added roughly $416 billion in market cap for the day. […]
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Albertsons sues Kroger after judge rules against grocery merger
Traders work as screens display the trading information for Kroger Co. and Albertsons Companies Inc. on the floor of the New York Stock Exchange, Oct. 14, 2022. Brendan McDermid | Reuters Albertsons on Wednesday formally terminated its proposed $25 billion merger with Kroger and filed a lawsuit against its supermarket competitor, saying Kroger violated its […]
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Ro to offer lower-price vials of weight loss drug Zepbound by teaming up with Eli Lilly
Patients will be able to access Zepbound single-dose vials at Ro Coutesy: Ro Direct-to-consumer health-care startup Ro on Wednesday said its platform will now offer more affordable single-dose vials of the weight loss drug Zepbound through a new partnership with Eli Lilly, which aims to streamline access to the popular treatment. Ro said it will […]
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CEO of logistics giant C.H. Robinson says the business can weather Trump tariffs
Dave Bozeman, chief executive officer of C.H. Robinson. Source: C.H. Robinson As Dave Bozeman takes the stage at his first investor day as CEO of C.H. Robinson, he’ll have to contend with a freight recession, the threat of higher tariffs and the turnaround of a century-old logistics giant. “I want to lay out our vision […]
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Oracle shares head for worst day of 2024 after earnings miss
Larry Ellison, chairman and co-founder of Oracle Corp., speaks during the Oracle OpenWorld 2017 conference in San Francisco, California, U.S., on Sunday, Oct. 1, 2017. David Paul Morris | Bloomberg | Getty Images Oracle shares dropped 8% on Tuesday and headed for their steepest drop in a year following the database software vendor’s disappointing earnings […]
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Stock futures are little changed after S&P 500, Nasdaq Composite retreat from records: Live updates
Traders works on the floor at the New York Stock Exchange on Dec. 2, 2024. Brendan Mcdermid | Reuters Stock futures hovered near the flatline on Monday evening, after both the S&P 500 and Nasdaq Composite pulled back from record highs. Futures tied to the broad market index slipped 0.07%, while Nasdaq 100 futures inched […]
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Oracle shares slide on earnings and revenue miss
Oracle chairman and chief technology officer Larry Ellison speaks at the Oracle OpenWorld conference in San Francisco on Sept. 16, 2019. Justin Sullivan | Getty Images News | Getty Images Oracle shares slid 7% in extended trading on Monday after the database software company reported fiscal second-quarter results that fell short of analysts’ estimates. Here […]
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