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Dell stock plunges 11%, leading data center sell-off as fears mount about 'enterprise AI timing'
Barclays downgraded Dell, HPE, and NetApp on concerns that enterprise AI adoption is lagging.
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Anduril employee tender offer would value the defense tech startup at $90 billion
Anduril has been a major winner of the growing U.S. defense tech boom and President Donald Trump's plans to reindustrialize the U.S. military
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36% of shoppers plan to stick to a holiday budget this year — here's a budgeting tool for every spending style
Explore budgeting apps and methods for every spending style, from tracking purchases to managing shared holiday expenses.
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Bank of America hired 1,000 contractors to patch software flaws exposed by Anthropic's Mythos
Bank of America hired 1,000 contractors to patch software flaws exposed by Anthropic’s Mythos, offering a rare look at costs involved in defending against AI.
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Trump to appeal order blocking White House from banning MS NOW, CNN and Politico
U.S. District Judge Timothy Kelly had ruled that the three outlets targeted by President Donald Trump can keep their access to the White House complex.
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Lisa Cook lawyer doubts Trump committee's fairness as president calls her 'automatic no vote'
White House spokesman Matthew Middleton said in response to Cook's lawyer that Trump "is performing his constitutional duty."
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OpenAI’s Sachin Katti to leave infrastructure role, stay on as advisor
Katti said in a post on LinkedIn that he "decided to move on to build something new."
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Traders pile into 'bubble puts' on CoreWeave as neocloud stocks plunge
As a key corner of the artificial intelligence trade takes a beating on Wednesday, traders are betting it could get even worse.
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How high inflation became a 'fact of life' in the U.S.
U.S. inflation has stayed elevated for years, raising concern at the Federal Reserve that consumers may come to expect stubbornly high prices.
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CoreWeave shares tumble as bond yields near 15% on concern about AI borrowing binge
Shares of CoreWeave sank 15%, while yields in its bonds blew out further.
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Container ship sinks in Strait of Hormuz as Iran steps up attacks
Iran has escalated its strikes on commercial ships transiting Hormuz in recent weeks, as it tries to choke off a rebound in crude oil exports.
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Treasury says largest U.S. banks let politics influence who received banking services
New Treasury Department findings may lend weight to President Donald Trump’s long-running grievance that major banks have discriminated against conservatives.
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Abilene Christian University is giving Ivy League endowments a run for their money in the market
The religious school in Texas is among college endowment funds rivaling market performance of Ivy investing giants like Yale and just hit the $1 billion mark.
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Fannie Mae sharply raises mortgage rate forecast for 2027
Fannie Mae just put out its latest forecast for mortgage rates, and they are much higher than previous estimates.
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Netflix to lay off roughly 1,000 employees, or 6% of workforce
Netflix will lay off roughly 6% of its workforce, according to a memo obtained by CNBC.
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Social Security Administration announces 3.6% cost-of-living adjustment for 2027
With a 3.6% COLA for 2027, Social Security retirement benefit checks will go up by $75 per month, on average, the agency said.
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Consumer prices rose 3.7% annually in September as gas prices skyrocket
The consumer price index was expected to increase 0.6% in September on a monthly basis and 3.6% from a year ago, according to the Dow Jones consensus forecast.
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Morgan Stanley tops estimates as equities trading revenue beats expectations by $909 million
Morgan Stanley is expected to benefit from robust investment banking and equities trading revenue.
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Even more borrowers choose riskier mortgages, as higher interest rates crush affordability
Interest rates on mortgages continue to rise, leaving some buyers to choose riskier, adjustable-rate mortgages to find savings.
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BlackRock draws $205 billion in client funds as quarterly profit beats estimates
BlackRock's assets under management — which determine a large chunk of its earnings — rose to $15.49 trillion, from $13.46 trillion a year earlier.
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Bank of America shares drop after third-quarter revenue miss and regulatory penalty
The U.S. Treasury Department announced a $1.2 billion penalty against Bank of America on Tuesday.
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South Texas Latino voters who flipped for Trump in 2024 are up for grabs in 2026
Hispanic and Latino voters swung hard for President Donald Trump in 2024. But in the 2026 midterm election, Democrats are pushing to get them back.
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Diesel squeeze set to last well into 2027 as Iran war disrupts supply, IEA says
Diesel supply is expected to remain tight into 2027 as Iran war-related disruption, falling inventories and resilient demand strain the market, the IEA said.
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