Markets
Microsoft’s ‘abusive’ bundling of Teams and Office products breached antitrust rules, EU says
The Microsoft Teams displayed on a smartphone. Sopa Images | Lightrocket | Getty Images The European Union on Tuesday accused Microsoft of breaching antitrust rules with the “abusive” bundling of its Teams and Office products. “The European Commission has informed Microsoft of its preliminary view that Microsoft has breached EU antitrust rules by tying its […]
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Cisco is ‘very optimistic’ about its expanding business with China EVs
Cisco established operations in China in 1994. Sopa Images | Lightrocket | Getty Images DALIAN, China — Cisco is “very optimistic” about its growing business with Chinese electric car companies as they expand overseas, the company’s Greater China head told CNBC on Tuesday. The EV segment is the U.S. tech giant’s second-largest for the region […]
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CNBC Daily Open: Dow gains as investors turn to banking and energy stocks; Nvidia sinks
Traders work on the floor of the New York Stock Exchange in New York City, Sept. 28, 2023. Brendan McDermid | Reuters 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 where they are. Like what […]
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China’s premier defends national competitiveness as trade tensions simmer
China’s Premier Li Qiang speaks during the 54th annual meeting of the World Economic Forum in Davos, Switzerland, January 16, 2024. Denis Balibouse | Reuters DALIAN, China — Chinese Premier Li Qiang on Tuesday defended the country’s technological development while criticizing efforts to restrict global cooperation. His remarks, at the opening of the World Economic […]
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Asia-Pacific markets mostly higher after U.S. tech sell-off
A screen displays the Nikkei 225 Stock Average figure on the trading floor at the Nomura Securities Co. headquarters in Tokyo, Japan, on Jan. 11, 2024. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets mostly climbed higher on Tuesday, even as U.S. Big Tech stocks sold off in favor of other sectors such as banking […]
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Stock futures are little changed after Nasdaq Composite registers worst day since April: Live updates
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 24, 2024. Brendan McDermid | Reuters Stock futures were flat in overnight trading after a selloff in favored technology names brought the Nasdaq Composite to its worst day since April. Futures tied to the Dow Jones Industrial […]
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Shares generating the biggest moves midday: ResMed, Affirm, Nvidia, Anheuser-Busch and additional
Examine out the organizations generating the greatest moves midday: Encourage Clinical Devices , ResMed — Encourage Medical Units and ResMed, which manufacture units to take care of obstructive slumber apnea, dropped 14% and 11%, respectively, following Friday’s news that Eli Lilly ‘s body weight decline drug tirzepatide diminished the severity of the affliction. Eli Lilly […]
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Bitcoin tumbles back to $60,000 to begin the week
A photo illustration depicting the cryptocurrency bitcoin. Jakub Porzycki | NurPhoto by using Getty Images Bitcoin ongoing its descent to $60,000 on Monday. The price of the flagship cryptocurrency was past down by far more than 4% at $61,211.00, according to Coin Metrics. Before, it fell to $60,666.30, its most affordable amount in much more […]
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Covestro opens guides to ADNOC over $12.5 billion takeover present
Covestro’s headquarters in Leverkusen, Germany. The corporation has adjusted its total year steering for 2022, citing a number of elements. Ina Fassbender | AFP | Getty Photos German chemicals company Covestro is supplying ADNOC entry to its publications and stepping up talks dependent on an improved 11.7 billion euro ($12.5 billion) takeover provide, after extra […]
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Shares producing the most important moves before the bell: Nvidia, Ferrari, World Fitness, Cinemark and more
Look at out the businesses producing headlines in premarket buying and selling. ResMed , Eli Lilly — ResMed tumbled 11.8% pursuing past week’s information that Eli Lilly’s tirzepatide weight reduction drug diminished the severity of obstructive snooze apnea. Eli Lilly, on the other hand, ticked bigger by all-around 1%. RXO — The freight stock surged […]
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