Business
How IMAX crushed other theater stocks in 2025
General atmosphere during an IMAX private screening for the movie “First Man” at an AMC theater in New York City on Oct. 10, 2018. Lars Niki | Getty Images Entertainment | Getty Images The theatrical industry is in flux — and one stock is rising above the rest. IMAX saw its shares jump more than […]
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Rolls-Royce has hit a record high every trading day of 2026. Here’s why
A Rolls-Royce aircraft engine on view during the Hannover Messe industrial trade fair on March 31, 2025. Ronny Hartmann | Afp | Getty Images Rolls-Royce shares have hit fresh record highs every single trading day so far this year, as the aerospace and defense firm reaps benefits from multiple directions – from its exposure to […]
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European markets in positive territory; Greenland remains in focus
LONDON — European markets opened in positive territory on Friday. The pan-European Stoxx 600 was up 0.37% at 8:30 a.m. in London (3:30 a.m. ET), with major regional bourses and most sectors in the green. It was confirmed Friday morning that British mining firm Rio Tinto was in preliminary talks to acquire Swiss firm Glencore, […]
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MiniMax surges in Hong Kong debut, marking yet another Chinese AI listing
The logo for MiniMax Group Inc. on a smartphone in Shanghai, China. Bloomberg | Bloomberg | Getty Images China-based AI startup MiniMax Group surged as much as 90% on its first day of trading in Hong Kong on Friday, becoming the second major Chinese developer of large language models to go public. The company raised HK$4.8 […]
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Intel stock rises after Trump touts ‘very successful’ CEO, applauds government’s investment
Intel shares rose 2% in extended trading on Thursday after President Donald Trump posted a flattering message on social media about the chipmaker and its CEO, and championed the government’s investment in the company. “I just finished a great meeting with the very successful Intel CEO, Lip-Bu Tan,” Trump wrote on Truth Social. In August, […]
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Saks Global struggles to line up financing as potential bankruptcy filing looms
Pedestrians walk past a Saks Fifth Avenue store on Dec. 30, 2025 in Chicago, Illinois. Scott Olson | Getty Images Beleaguered retail chain Saks Global is struggling to line up as much as $1 billion in financing to keep its business afloat during a potential Chapter 11 bankruptcy filing, CNBC has learned. The luxury chain […]
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GM to record $7.1 billion in fourth-quarter charges due to EV pullback, China restructuring
GM Hummer EV production in Detroit. Photo by Jeffrey Sauger for General Motors DETROIT – General Motors said Thursday it will record $7.1 billion in special charges for the fourth quarter of last year related to its pullback in electric vehicles and restructuring efforts in China. The Detroit automaker said in a public filing that […]
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California’s controversial wealth tax proposal leaves billionaires with little way out
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. The proposed California billionaire tax includes a special provision that makes it highly unlikely that anyone who wants to leave the state could […]
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Used vehicle pricing expected to increase 2% in 2026, a historically stable rate
A Ford mustang is seen at a used car dealership in Montebello, California on May 5, 2025. Frederic J. Brown | AFP | Getty Images DETROIT – Prices of used vehicles are expected to rise this year but at a historically stable rate, according to auto data and insights firm Cox Automotive. Cox on Thursday […]
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Family office deals cooled off in December, but heirs placed bets in health and media
Leonardo Maria del Vecchio attends the amfAR Gala Venezia 2023 presented by Mastercard and Red Sea International Film Festival on September 03, 2023 in Venice, Italy. Kristy Sparow | Getty Images Entertainment | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the […]
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