GBP/USD 1.328 EUR/GBP 0.840 GBP/JPY 193.460 EUR/USD 1.116 GBP/AUD 2.070 USD/JPY 145.645 USD/CAD 1.397 AUD/USD 0.642 CAD/JPY 104.252 EUR/CAD 1.559 GBP/CAD 1.856 AUD/CAD 0.896 AUD/JPY 93.460 AUD/NZD 1.091 EUR/AUD 1.739 GBP/USD 1.328 EUR/GBP 0.840 GBP/JPY 193.460 EUR/USD 1.116 GBP/AUD 2.070 USD/JPY 145.645 USD/CAD 1.397 AUD/USD 0.642 CAD/JPY 104.252 EUR/CAD 1.559 GBP/CAD 1.856 AUD/CAD 0.896 AUD/JPY 93.460 AUD/NZD 1.091 EUR/AUD 1.739
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CNBC Business • May 06, 2025

Small investors rushed into Berkshire shares during dip even after their hero Buffett set exit

Individual investors increased their holdings in Berkshire Hathaway Class B shares by over $24 million on Monday, demonstrating confidence despite Warren Buffett's indication to re...

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CNBC Business • May 06, 2025

Industrial name with AI ties makes a key move to boost its growing data center business

The acquisition is expected to enhance Dover’s presence in the expanding data center market, leveraging a division that has consistently achieved strong organic growth in recent ye...

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CNBC Business • May 06, 2025

Nvidia CEO says being locked out of China AI market would be 'tremendous loss'

Nvidia’s CEO highlighted that exclusion from the China AI sector, valued at approximately $50 billion, could significantly impact the company’s growth and revenue opportunities in...

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CNBC Business • May 06, 2025

Comcast's cable spinoff to be named Versant, picked to emphasize corporate versatility

Comcast's decision to rename its cable spinoff to Versant highlights the company's focus on strategic flexibility and aims to enhance the financial value of its diverse media asset...

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CNBC Business • May 06, 2025

Wall Street takes another breather — plus, the 2 biggest headlines weighing on drug stocks

Wall Street showed a pause in activity as major developments impacted pharmaceutical shares, highlighting key factors that influenced market movements during the final trading hour...

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CNBC Business • May 06, 2025

Barbara Corcoran is selling the NYC penthouse she first visited in 1992 and bought 23 years later: '...

Barbara Corcoran’s decision to sell her spacious Fifth Avenue penthouse, acquired after more than two decades since first visiting, highlights a notable real estate transaction in...

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CNBC Business • May 06, 2025

Amazon's Zoox robotaxi unit issues software recall after recent Las Vegas crash

The software recall by Amazon's autonomous vehicle division following the Las Vegas incident could lead to increased operational costs and impact investor confidence in the company...

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CNBC Business • May 06, 2025

Carney tells Trump: Canada 'won't be for sale ever'

During his initial meeting at the White House since the election, Carney emphasized Canada's commitment to maintaining its economic sovereignty amidst recent changes in U.S.-Canada...

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CNBC Business • May 06, 2025

'Don't worry' about your salary early in your career, Warren Buffett says—focus on this 'enormously...

Warren Buffett advises young professionals to prioritize gaining valuable experience and skills over immediate earnings, emphasizing long-term growth as a key factor in building fi...

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CNBC Business • May 06, 2025

U.S. oil production has likely peaked and will start to decline due to price plunge, Diamondback CEO...

A decrease in domestic crude output, driven by recent price drops, could influence market supply and impact economic factors related to the U.S. energy sector and broader financial...

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CNBC Business • May 06, 2025

Mattel CEO says toy manufacturing won't come to America, but price hikes will

Mattel’s leadership indicates that production will remain overseas while consumers can expect higher costs for their products in the near future.

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CNBC Business • May 06, 2025

These are the 3 things driving Coterra's sell-off — and how we're viewing the stock now

Coterra's recent stock decline reflects investor reactions to factors discussed during the company's latest update, highlighting strategic adaptability as a key element influencing...

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CNBC Business • May 06, 2025

Palantir falls 14% as analysts raise international growth concerns

Despite increased revenue expectations driven by AI demand, Palantir’s stock declined significantly due to analysts expressing doubts about its expansion prospects in global market...

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CNBC Business • May 06, 2025

Comcast's Xfinity Mobile takes over naming rights of Philadelphia arena

Securing the naming rights to a major sports and entertainment venue in Philadelphia provides Comcast's Xfinity Mobile with increased brand visibility and potential revenue growth...

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CNBC Business • May 06, 2025

Wobbling economy will push the Fed to cut interest rates later this year, CNBC survey finds

Many analysts anticipate that ongoing economic instability will lead the Federal Reserve to reduce interest rates during the remainder of this year and into the next, according to...

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CNBC Business • May 06, 2025

Paul Tudor Jones says stock market will hit new lows even if Trump cuts China tariffs to 50%

According to Paul Tudor Jones, declining economic indicators suggest that equity prices may continue to fall despite potential reductions in trade tariffs between the United States...

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CNBC Business • May 06, 2025

Doordash announces $1.2 billion SevenRooms deal, misses revenue expectations

Doordash completed a $1.2 billion acquisition of SevenRooms while reporting first-quarter results that fell short of analysts' revenue forecasts, reflecting mixed financial perform...

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CNBC Business • May 06, 2025

Trump trade tariffs slump widens to 'nearly all U.S. exports,' supply chain data shows

Recent supply chain data reveals a broad decline in U.S. exports across most ports, highlighting potential financial challenges as importers approach a critical deadline to prevent...

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CNBC Business • May 06, 2025

Luxury carmaker Ferrari warns of U.S. tariff risks after 17% jump in first-quarter profit

Ferrari's strong first-quarter earnings reflect increased consumer interest, but the company faces potential financial challenges due to possible new import duties in the United St...

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CNBC Business • May 06, 2025

Contractor survey shows tradesmen feel pretty good — an encouraging sign for Home Depot

Positive sentiments expressed by painters and remodelers regarding economic conditions and upcoming obstacles suggest potential increased demand for Home Depot’s products and servi...

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CNBC Business • May 06, 2025

Fashion retailer Hugo Boss shares pop 5% on better-than-feared first-quarter sales

Hugo Boss experienced a notable increase in its stock value following the announcement of a smaller sales drop than expected in the first quarter, maintaining confidence in its ann...

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CNBC Business • May 06, 2025

Temu and Shein face massive tariffs. But don't count them out of the U.S. e-tail scene, experts say

Although Temu and Shein are impacted by substantial import duties, industry analysts believe these companies remain financially competitive within the American online retail market...

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CNBC Business • May 05, 2025

Credit Suisse to pay $511 million for helping U.S. taxpayers hide over $4 billion overseas

Credit Suisse agreed to a $511 million penalty due to violations related to facilitating the concealment of more than $4 billion by U.S. taxpayers in foreign accounts.

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CNBC Business • May 05, 2025

U.S. commodities regulator seeks to drop appeal of Kalshi election bets offers

The decision by the U.S. commodities watchdog to discontinue its challenge regarding Kalshi's election-related betting products could impact market operations and investor confiden...

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CNBC Business • May 05, 2025

Hinge Health says revenue increased 50% in first quarter — still no price range for IPO

Hinge Health reported a substantial rise in first-quarter revenue to $123.8 million, reflecting strong financial growth, although it has yet to disclose a pricing strategy for its...

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CNBC Business • May 05, 2025

Where Trump is likely getting his $1.98 gas price figure

The difference between the price figure cited by Trump and the actual average gas cost highlights a notable gap in public perception versus current fuel market conditions.

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CNBC Business • May 05, 2025

Palantir shares fall as company reports in-line earnings, lifts full-year guidance

Palantir's updated forecast reflects increased confidence following a significant rise in quarterly net income, despite the stock experiencing a decline after earnings matched expe...

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CNBC Business • May 05, 2025

Trump, Jon Voight meeting led to Hollywood tariff proposal, his manager says

Discussions involving Trump and Jon Voight contributed to the development of a proposed tariff on foreign films, which could potentially impact trade and revenue within the enterta...

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CNBC Business • May 05, 2025

Trump signs order to boost domestic drug manufacturing as pharma tariffs loom

The directive aims to enhance domestic production of medications, potentially reducing reliance on imports and impacting the cost structure of pharmaceuticals in the U.S. market.

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CNBC Business • May 05, 2025

Hims & Hers gives weak outlook but says more collaborations are coming

Hims & Hers’ cautious future projections following its first-quarter results led to a decline in stock value, although the company indicated plans to expand its partnerships moving...

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