GBP/USD 1.349 EUR/GBP 0.846 GBP/JPY 195.088 EUR/USD 1.141 GBP/AUD 2.072 USD/JPY 144.636 USD/CAD 1.371 AUD/USD 0.651 CAD/JPY 105.500 EUR/CAD 1.564 GBP/CAD 1.849 AUD/CAD 0.893 AUD/JPY 94.175 AUD/NZD 1.078 EUR/AUD 1.752 GBP/USD 1.349 EUR/GBP 0.846 GBP/JPY 195.088 EUR/USD 1.141 GBP/AUD 2.072 USD/JPY 144.636 USD/CAD 1.371 AUD/USD 0.651 CAD/JPY 105.500 EUR/CAD 1.564 GBP/CAD 1.849 AUD/CAD 0.893 AUD/JPY 94.175 AUD/NZD 1.078 EUR/AUD 1.752
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CNBC Business • May 28, 2025

Trump administration axes Biden-era barrier for crypto in 401(k) plans

The recent policy change may influence how retirement plans incorporate digital assets, potentially affecting investment options and risk management practices within 401(k) portfol...

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CNBC Business • May 28, 2025

Our only oil and natural gas stock stands to win big if a key pipeline project is revived

The potential restart of a halted pipeline initiative could substantially impact the value of the sole company involved in oil and natural gas operations, depending on political de...

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CNBC Business • May 28, 2025

GameStop drops 9% despite initiating bitcoin buying plan with $500 million purchase

GameStop's recent acquisition of over $500 million in bitcoin marks a significant financial move, although the company's stock declined approximately 9% following the announcement.

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CNBC Business • May 28, 2025

Abercrombie & Fitch soars more than 15% even as retailer slashes profit outlook due to tariffs

Despite anticipating a $50 million earnings hit from tariffs and slower growth in its flagship brand, Abercrombie & Fitch's stock increased by over 15%, reflecting investor optimis...

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CNBC Business • May 28, 2025

Instacart names Chris Rogers as CEO after Fidji Simo's exit for OpenAI

The appointment of Chris Rogers as Instacart’s CEO following Fidji Simo’s departure to OpenAI may influence the company’s strategic direction and impact its financial performance i...

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CNBC Business • May 28, 2025

Goldman-backed Starling Bank reports 26% profit drop as it flags Covid loan fraud issue

Starling Bank, supported by Goldman Sachs, experienced a notable decrease in pre-tax earnings to £223.4 million, attributing part of the decline to issues related to Covid loan fra...

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CNBC Business • May 28, 2025

Mortgage rates rose to the highest level since January, but demand from homebuyers still grew. Here'...

Despite an increase in borrowing costs reaching their highest point since early this year, the interest and activity among prospective homeowners experienced a modest uptick during...

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CNBC Business • May 28, 2025

Dick's Sporting Goods stands by full-year guidance — even with tariffs looming

Dick's Sporting Goods confirmed its projections for fiscal 2025 sales and earnings, indicating that anticipated tariffs have been factored into their financial outlook without alte...

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CNBC Business • May 28, 2025

Getty Images spending millions to battle a 'world of rhetoric' in AI suit, CEO says

Getty Images is investing a substantial amount of money in legal efforts to address disputes related to artificial intelligence, reflecting the company's commitment to protecting i...

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CNBC Business • May 28, 2025

The AI industrial trade has found its stride again. Why this Club stock is running ahead of the pack

GE Vernova's recent stock increase reflects renewed investor confidence in its role within the AI data center sector, highlighting its stronger market performance compared to simil...

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CNBC Business • May 28, 2025

Fewer international tourists are visiting the U.S. — economic losses could be 'staggering,' research...

The decline in foreign visitors to the United States may lead to substantial revenue decreases for industries reliant on tourism, affecting overall economic growth and employment o...

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CNBC Business • May 28, 2025

China and tariffs have wiped off $130 billion from critical chip firm ASML since peak value

The combined impact of export limitations to China and ongoing tariff uncertainties in the U.S. has significantly reduced the market valuation of a leading semiconductor equipment...

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CNBC Business • May 28, 2025

Auto giant Stellantis appoints Antonio Filosa as new CEO

The appointment of Antonio Filosa as CEO marks a strategic leadership change that could influence Stellantis’ financial direction and market performance in the coming fiscal period...

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CNBC Business • May 28, 2025

CNBC's UK Exchange newsletter: An all-too-familiar dial tone from Vodafone

Vodafone's recent financial challenges reflect broader economic trends affecting many large companies and highlight ongoing uncertainties within the UK market and corporate environ...

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CNBC Business • May 28, 2025

Japan's bond market raises alarm over risks of outflows from U.S., carry trade unwind and market tur...

Rising yields on Japanese government debt may trigger significant shifts in international investments as domestic investors reconsider exposure to U.S. assets amid concerns about p...

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CNBC Business • May 27, 2025

Circle IPO has peculiar Facebook-like characteristic

The majority of shares offered in Circle's updated IPO stem from current investors rather than new equity issuance, potentially affecting the company’s capital raise and overall ma...

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CNBC Business • May 27, 2025

Okta shares plunge 11% as company maintains guidance, citing macroeconomic uncertainties

Despite surpassing earnings and revenue expectations, Okta’s decision to maintain its forecast due to ongoing economic challenges prompted a notable decline in its stock value.

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CNBC Business • May 27, 2025

Nvidia's feverish recovery rally faces a reality check. What investors should know

The upcoming earnings report will provide insight into whether the recent surge in the AI chipmaker’s stock price can be sustained amid market uncertainties and investor expectatio...

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CNBC Business • May 27, 2025

23andMe to delist from Nasdaq, deregister with SEC

The planned acquisition of most 23andMe assets by Regeneron Pharmaceuticals for $256 million will result in the company's withdrawal from public stock trading and regulatory report...

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CNBC Business • May 27, 2025

Court order challenges Trump's plan to move federal student loans to Small Business Administration

The court's decision prevents the transfer of a substantial federal student debt portfolio, maintaining its current management and potentially affecting future financial oversight...

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CNBC Business • May 27, 2025

Stablecoin issuer Circle kicks off its IPO, targeting a nearly $6 billion valuation

Circle's decision to go public aims to secure substantial funding, reflecting investor confidence and positioning the company for growth within the expanding digital currency marke...

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CNBC Business • May 27, 2025

Tesla shares climb as Musk pledges to be 'super focused' on companies ahead of Starship launch

Tesla's stock increased following Elon Musk's commitment to prioritize his companies' growth and efficiency, which investors interpreted as a potential boost to the company's futur...

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CNBC Business • May 27, 2025

Jim Cramer: Disney shares 'can go much higher' after record box office weekend

The recent surge in Disney’s box office results has enhanced investor optimism, suggesting the company’s market valuation may increase significantly in the near future.

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CNBC Business • May 27, 2025

NPR sues Trump over executive order cutting federal funding

The lawsuit highlights potential financial challenges for the broadcaster due to the executive order that aims to eliminate its federal funding, which could impact its operational...

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CNBC Business • May 27, 2025

Movie theater stocks soar after record-breaking Memorial Day box office

The substantial increase in ticket sales during the recent holiday weekend has positively impacted the financial performance of cinema-related equities, reflecting heightened consu...

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CNBC Business • May 27, 2025

DJT shares fall 10% as Trump Media says it's raising $2.5 billion to buy bitcoin

Trump Media's plan to secure $2.5 billion reflects a strategic move to invest heavily in cryptocurrency amid rising bitcoin values and key industry events this year.

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CNBC Business • May 27, 2025

Block's bitcoin checkout goes live in Vegas, a significant step in making it 'everyday money'

Block's new bitcoin payment system, launched in Las Vegas, enables customers to use cryptocurrency for everyday purchases, marking an important development in integrating digital c...

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CNBC Business • May 27, 2025

Trump hails 'positive' step in U.S.-EU trade negotiations as markets hope for a deal

Progress in discussions between the United States and the European Union has raised expectations among investors, potentially influencing market stability and future economic colla...

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CNBC Business • May 27, 2025

Consumer confidence for May was much stronger than expected on optimism for trade deals

Increased optimism about progress in U.S.-China trade negotiations contributed to a notable rise in consumer sentiment in May, signaling potential positive effects on spending and...

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CNBC Business • May 27, 2025

How copycat phone maker Xiaomi became a force in China's EV market

Xiaomi's entry into the electric vehicle industry significantly boosted its revenue streams, demonstrating strong market demand and positioning the company as a competitive player...

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