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Treasury yields rise as investors digest Fed's jumbo rate cut
U.S. Treasury yields were higher on Thursday as investors digested the Federal Reserve’s decision to cut interest rates by 50 basis points on Wednesday.
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CNBC Daily Open: Markets need time to digest the 50-point cut
Fed Chair Jerome Powell spent a big portion of the post-meeting press conference massaging sentiment.
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European markets open higher following Fed cut; Bank of England rate decision in focus
European markets opened higher as investors digested the U.S. Federal Reserve’s first interest rate cut in four years.
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Billionaire tech CEO says bosses shouldn't ‘BS' employees about the impact AI will have on jobs
Business leaders shouldn’t “BS” employees about the impact of AI on jobs, according to one tech billionaire, who says they should be transparent and honest.
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China would love a domestic Nvidia rival — but that's proving quite the challenge
Chinese firms face a number of challenges in trying to rival Nvidia including contending with U.S. export restrictions and a lack of tech expertise.
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What buying Commerzbank would mean for UniCredit — and the banking sector
Analysts have welcomed the move by UniCredit, particularly because a tie-up between the two banks might spur more M&A activity in Europe’s banking sector.
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Ray Dalio calls upcoming U.S. election the most consequential of his lifetime
Speaking to CNBC’s “Squawk Box Asia” on Thursday, the founder of Bridgewater Associates explained that what the U.S. needs is “broad-based prosperity.”
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Binance CEO says crypto exchange saw 40% growth this year in institutional, corporate investors
Cryptocurrency exchange Binance has seen a 40% increase this year in institutional and corporate investors, CEO Richard Teng told CNBC’s Lin Lin.
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Ray Dalio says the Fed has a tough balancing act as the economy faces ‘enormous amount of debt'
On Wednesday, Dalio listed debt, money and the economic cycle as one of the top five forces influencing the global economy.
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CNBC Daily Open: Markets seemed taken aback by the 50-point cut
Fed Chair Jerome Powell spent a big portion of the post-meeting press conference massaging sentiment.
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Thursday's big stock stories: What's likely to move the market in the next trading session
The Federal Reserve cut interest rates by a half point Wednesday afternoon. Here’s what CNBC is watching going into Thursday.
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T-Mobile CEO says his company is selling the iPhone 16 ‘at a greater rate' than last year's model
In a Wednesday interview with CNBC’s Jim Cramer, T-Mobile CEO Mike Sievert said his company is seeing more sales of the iPhone 16 than last year.
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Japan, Hong Kong lead gains in Asia-Pacific markets as investors digest outsized Fed rate cut
Investors in Asia will parse Fed’s decision, New Zealand GDP figures, August trade data from Malaysia, unemployment rate from Australia.
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Cramer explains what the Fed's rate cuts mean for tech stocks
Big Tech and its peers are focused on AI automation that will boost companies’ earnings and allow them to perform more work with fewer workers, he said.
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Cramer's Lightning Round: PG&E is a buy
“Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed.
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AMD CEO talks competition with Nvidia: ‘there's no one size fits all in computing'
AMD CEO Lisa Su told CNBC’s Jim Cramer about competition in the red-hot semiconductor industry.
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Stock futures rise as traders weigh Fed's super-sized rate cut: Live updates
Central bank policymakers trimmed rates by 50 basis points Wednesday. Stocks initially surged but ultimately closed lower.
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Trump Media stock closes at new postmerger low on eve of ‘lockup' expiration
Shares of Trump Media reached new all-time closing lows the day before “lockup” restrictions on selling company stakes expires.
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Powell downplays impact of rate cut on Trump-Harris presidential race
Vice President Kamala Harris and former President Donald Trump are each fighting to persuade voters they are best candidate for the U.S. economy.
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YouTube announces AI features from Google DeepMind for Shorts creators
YouTube on Wednesday announced artificial intelligence features for creators on its Shorts platform that tap into Google’s DeepMind video-generation model.