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The Latest Breaking News from CNBC

Here's Why Apple Could Shine Amid China's Covid Resurgence

China's recent surge in Covid cases jeopardizes the leading smartphone market, while Apple Inc (NASDAQ: AAPL) could still shine, analysts told CNBC. China reported over 20,000 Covid infections leading to a countrywide lockdown hindering logistics and consumer spending. China tried to keep the factories running to reduce disruption. Also Read: Apple iPhones Led Smartphone Sales As 5G…

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Jim Cramer Shares His Thoughts On Bank of America, Douglas Emmett And More

On CNBC’s "Mad Money Lightning Round," Jim Cramer said BlueLinx Holdings Inc’s (NYSE: BXC) stock anticipated that interest rates would be rising. Therefore "I would actually be a buyer, not a seller of that stock."

Benzinga

CNBC's Final Trades: AXA, Prologis, US Dollar Index And This Telecom Major

On CNBC’s “Halftime Report Final Trades,” Jenny Harrington of Gilman Hill Asset Management named AXA SA (OTC: AXAHF) as another stock that is aligned with her “theme of hiding out for the year.&

Benzinga

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Space Swap: Richard Branson Wants Trip With SpaceX, Suggests Elon Musk Flies With Virgin Galactic

After a trip to space last summer on his own rocket plane, Sir Richard Branson now wants to take another journey beyond the clouds, but this time in a SpaceX rocket.

Benzinga

11 Stocks That Moved From Wednesday's CNBC's 'Fast Money: Halftime Report'

CNBC's "Fast Money: Halftime Report" delivers market-moving news to investors.

Benzinga

CNBC's Final Trades: CVS Health, AbbVie, iShares US Aerospace & Defense ETF And This 'All-Weather' Stock

On CNBC’s “Halftime Report Final Trades,” Stephanie Link of Hightower said Walgreens Boots Alliance Inc’s (NASDAQ: WBA) stock is “down 11% year to date, 8.5 times ear

Benzinga

Jim Cramer Gives His Opinion On Fisker, Cognizant Technology And More

On CNBC’s "Mad Money Lightning Round," Jim Cramer said Fisker Inc. (NYSE: FSR) is the ultimate speculative stock, and "they’re going to lose money as far as the eye can see."

Benzinga

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Morning Brief: Top Stories Dominating Financial Media on Wednesday, April 6

CNBC Global Government Debt Expected To Swell To $71 Trillion In 2022

Benzinga

Global Government Debt Expected To Swell To $71 Trillion In 2022: CNBC

According to a new report, global sovereign debt is expected to climb to a whopping $71.6 trillion in 2022, while fresh borrowing is also anticipated to remain high,

Benzinga

Bitcoin, Ethereum Subdued, Dogecoin Emerges As Top Gainer: What's Putting Pressure On Apex Coin?

Bitcoin and Ethereum declined Tuesday evening, while Dogecoin emerged as the top intraday gainer, as the global cryptocurrency market cap fell 3% to $2.1 trillion.

Benzinga

12 Stocks That Moved From Tuesday's CNBC's 'Fast Money: Halftime Report'

CNBC’s "Fast Money: Halftime Report" delivers market-moving news to investors.

Benzinga

Why Alibaba, Baidu And Nio Shares Are Trading Lower

Shares of several Chinese stocks including Alibaba Group Holding Ltd (NYSE: BABA), Baidu Inc (NASDAQ: BIDU) and Nio Inc (NYSE: NI

Benzinga

Conservatives Urge Elon Musk To End Twitter's Ban On Donald Trump

While Elon Musk may be wondering aloud whether Twitter (NYSE: TWTR) needs to provide its users with an edit button, the new owner of a 9.2% st

Benzinga

Cramer Shares His Thoughts On PubMatic, Aurinia Pharmaceuticals And More

On CNBC’s "Mad Money Lightning Round," Jim Cramer said although Kulicke and Soffa Industries, Inc.

Benzinga

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CNBC's Final Trades: CVS Health, AbbVie And This Travel Stock

On CNBC’s “Halftime Report Final Trades,” Joseph Terranova of Virtus Investment Partners recommended to sell CVS Health Corp (NYSE: CVS).

Benzinga

Morning Brief: Top Stories Dominating Financial Media on Tuesday, April 5

CNBC

Benzinga

Former DeepMind Officials Get Together To Develop AI For Stock and Crypto Picking

Martin Schmid, Rudolf Kadlec, and Matej Moravcik left Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL)-owned DeepMind in January to set up EquiLibre Technologies, CNBC reports. The trio seek to develop artificial intelligence for stock and crypto picking. They look to use reinforcement learning to train an AI system to buy and sell shares and make a…

Benzinga

Amazon's Unionization Would Hit Its Profitability, Morgan Stanley Says

Morgan Stanley analysts saw Amazon.com Inc's (NASDAQ:AMZN) unionization decision driving costs, CNBC reports. Morgan Stanley analysts saw Amazon's 2023 operating expenses increasing by $203 million on hiking JFK8 employees' hourly wages to $29. It served a tiny fraction of Amazon's annual operating costs, which reached $445 billion in 2021. Every 1% of Amazon's front-line…

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news in one place.

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Benzinga

All The Stocks That Moved From Monday's CNBC's 'Fast Money: Halftime Report'

CNBC’s ‘Fast Money: Halftime Report’ delivers market-moving news to investors.

Benzinga

WWE President Nick Kahn Talks Growth Strategies Ahead Of WrestleMania 38

World Wrestling Entertainment, Inc.'s (NYSE: WWE) WrestleMania 38 is set to take place over the weekend in what will be the first full-capacity two-night WrestleMania event in the company's history.

Benzinga

Faux News Alert: Elon Musk Arrested, Queen Grabs Oligarch Yachts And Other April Fool's Antics

T.S. Eliot once opined that April was the cruelest month, and for the gullible among us, April 1 is the cruelest day of that month — especially if you fall for the off-kilter fake news stories permeating the internet on this day.

Benzinga

US Big Tech Continue To Raise Global Regulatory Concerns

The House Oversight Committee on Friday launched an investigation into Amazon.com Inc's (NASDAQ:AMZN) labor practices, CNBC reports. The House demanded information about a deadly warehouse collapse in Illinois in 2021 as a tornado hit the warehouse, killing six workers. The workers had alleged inadequate safety protocols for severe weather events. The Competition Commission…

Benzinga

Amazon Workers Vote To Unionize Warehouse: What Does It Mean For The Stock?

In a historic first for Amazon.com, Inc. (NASDAQ: AMZN), workers at a Staten Island warehouse voted in favor of forming a union, CNBC reported live Friday around noon.

Benzinga

Read About Apple's Latest Subscription Offering As It Looks To Reduce Dependence On Devices

Apple Inc (NASDAQ:AAPL) launched Apple Business Essentials, a new program for businesses to set up, manage and install software on workers' iPhones, iPads, and Macs. The product is aimed at smaller customers, primarily those without dedicated IT departments. It comes at a monthly price of $2.99 to $24.99 per worker. The product enables…

Benzinga

Jim Cramer Gives His Opinion On AT&T, Kosmos Energy And More

On CNBC’s "Mad Money Lightning Round," Jim Cramer said Gevo, Inc. (NASDAQ: GEVO) should be "working better here, but it’s losing too much money."

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