Business Blog

Hedge funds took profits in these popular technology stocks during the fourth quarter

As winning 'Magnificent Seven' stocks wrapped up a spectacular year, hedge funds appeared to lock in profits during the fourth quarter.

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'This is the mental health moment': Innovation and M&A are boosting these stocks to new heights

Two recent M&A announcements by big pharma are creating excitement among investors. Here's who is poised to benefit.

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'China has a lot more to lose': U.S. considering sanctioning Chinese firms aiding Russia's war

The U.S. is considering slapping sanctions on Chinese companies it believes are helping Russia fuel its war in Ukraine, members of Congress told CNBC.

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Russia says an investigation is underway into Navalny’s death, denies refusing to release his body

The Kremlin on Monday confirmed an investigation into the death of imprisoned Russian opposition leader Alexei Navalny is ongoing.

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Xpeng plans to hire 4,000 people, invest in AI as CEO warns EV rivalry may end in 'bloodbath'

Xpeng plans to hire 4,000 new people and invest 3.5 billion Chinese yuan ($486.2 million) in artificial intelligence technology, according to the company's CEO.

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Houthis claim 'catastrophic' attack in Red Sea that prompted crew to abandon ship

The Iran-backed Houthi group on Sunday damaged a ship offshore Yemen, prompting its crew to abandon the vessel.

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