Fidelity has marked down its Twitter shares by 60% since Musk's takeover
Fidelity, one of the backers of Elon Musk's Twitter takeover in October, has written down its stake in the social media platform by 60% since the deal closed. ...
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Stocks open lower as traders brace for a busy week of earnings, Fed rate decision
Earnings reports from Big Tech giants including Apple and a possible Fed rate hike will test Wall Street's January rally. ...
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Cowen says buy Regeneron, success of drugs could help pharmaceutical stock
The firm specifically cited the performance of its Eylea and Dupixent drugs. ...
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Here are Monday's biggest analyst calls: Tesla, Apple, Netflix, Amazon, Chevron, Meta, Shopify and more
Here are the biggest calls on Wall Street on Monday. ...
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Mining giant Rio Tinto apologizes for sparking radiation alert after losing device in Australia
A radioactive capsule used in its Western Australia mining operations is missing and believed to have fallen off a truck. ...
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Folding iPad will launch next year, top Apple analyst Kuo says
Apple will launch a foldable iPad in 2024, analyst Ming-Chi Kuo wrote in a Monday tweet, rather than launching a foldable iPhone. ...
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Ford cuts prices on electric Mustang Mach-E, following Tesla's lead
Ford said Monday it will lower the price of the Mach-E, which is comparable to Tesla's Model Y, by an average of about $4,500, depending on the model. ...
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Ukraine war live updates: Boris Johnson says Putin threatened him with missile strike in pre-call; Berlin rules out fighter jets for Kyiv
Ukraine is pressing its allies for faster weapons supplies, while the prospect of receiving fighter jets looks distant for now. ...
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TikTok CEO to testify before House panel about app's security and ties to China
Shou Zi Chew will testify before the House Energy and Commerce Committee on March 23 about the app's security and privacy practices. ...
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How the Supreme Court could soon change free speech on the internet
This year, the U.S. justice system, including the Supreme Court, will take on cases that will help determine the bounds of free expression on the internet. ...
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After a tough year for crypto, here's how to handle losses on your tax return
If you lost money in 2022 from the crypto market downturn or a platform's bankruptcy, here's how to handle the loss on your tax return. ...
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The best car insurance companies for young adults
CNBC Select analyzed the top insurance companies for drivers under the age of 25 based on cost, coverage and service. ...
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Most Adani shares continue bloodbath as Asia's richest man loses $28 billion in a month
Shares of most of Adani Group companies continued to see sharp losses for a third consecutive trading session. ...
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Goldman Sachs says Macy's is 'best-positioned' among retail stocks and could rally more than 20%
The firm said the retailer is in a 'position of strength' entering 2023. ...
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Ryanair posts record Christmas quarter, sees 'very robust' summer demand
"Bookings are showing no signs of recession at this point in time," Chief Financial Officer Neil Sorahan told Reuters. ...
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Morgan Stanley upgrades Colgate-Palmolive, calls sell-off a good entry point to buy its top pick
Morgan Stanley named the stock its top household and personal care pick. ...
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Berenberg upgrades Tesla, says price cuts are part of a broader strategy
The firm rated the electric vehicle maker a buy while bringing down the price target. ...
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Philips scraps 6,000 jobs in drive to improve profitability
CEO Roy Jakobs told CNBC it was a "necessary intervention to help us to become competitive and lean." ...
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Premier League signs deal with NFT-based fantasy soccer game despite crypto downturn
Players of fantasy soccer game Sorare will be able to purchase and use official Premier League-licensed NFTs under an exclusive multi-year agreement. ...
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Dow futures fall 200 points as traders brace for a busy week of earnings, Fed rate decision
Earnings reports from Big Tech giants including Apple and the a possible Fed rate hike will test Wall Street's January rally. ...
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