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Stocks making the biggest moves midday: Tesla, PayPal, Pinterest and more

Pedestrians pass in front of Pinterest signage displayed outside of the New York Stock Exchange.Michael Nagle | Bloomberg | Getty ImagesCheck out the companies making headlines in midday trading.PayPal, Pinterest – Shares of PayPal climbed more than 3% as Pinterest shares tumbled more than 12% after PayPal addressed reports

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CCI approves HDFC Bank’s acquisition of 4.99 pc stake in HDFC ERGO General Insurance Co

Fair trade regulator on Monday approved HDFC Bank's acquisition of 4.99 per cent shareholding in HDFC ERGO General Insurance Company. In June, HDFC Bank had said its board has given approval to buy more than 3.55 crore shares in group firm HDFC ERGO General Insurance Company for over

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Mastercard says any bank or merchant on its vast network can soon offer crypto services

Mastercard credit cardsRoberto Machado Noa/ LightRocket via Getty ImagesThe crypto economy is about to expand.Mastercard is preparing to announce that any of the thousands of banks and millions of merchants on its payments network can soon integrate crypto into their products, CNBC has learned.That includes bitcoin wallets, credit and

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Allbirds targets a more than $2 billion valuation in upcoming IPO

Allbirds shoes consist of wool, and the laces consist of recycled plastic bottles.Source: AllbirdsAllbirds is targeting a valuation of as much as $2.2 billion in its initial public offering, the company said Monday in a securities filing.Its debut will add to the wave of retail brands that began their

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Stocks making the biggest moves in the premarket: Pinterest, PayPal, Tesla and more

Take a look at some of the biggest movers in the premarket:Pinterest (PINS) – Pinterest shares tumbled 13.2% in premarket trading after PayPal (PYPL) said it was not pursuing an acquisition of the social media company at this time. Its statement came in response to reports that it was

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Wells Fargo has a new virtual assistant in the works and it’s named Fargo

A Wells Fargo logo is seen at the SIBOS banking and financial conference in TorontoChris Helgren | ReutersWells Fargo is developing a virtual assistant to help it convert more retail banking customers into digital users, CNBC has learned.The assistant, named Fargo, will be able to execute tasks including paying

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