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Factories in China affected by Covid lockdowns can conditionally resume work, by housing workers on-site. Pictured here is an auto parts manufacturer in Suzhou that has had 478 employees on site since April 16.CFOTO | Future Publishing | Getty ImagesBEIJING — Several international corporations warned in the last week
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Warren Buffett and Charlie Munger at Berkshire Hathaway shareholder meeting, April 30, 2022.CNBCWarren Buffett bought the dip in his No. 1 stock Apple during the tech giant's sell-off in the first quarter.Berkshire Hathaway's Chairman and CEO told CNBC's Becky Quick that he scooped up $600 million worth of Apple
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Vlad Tenev, CEO and co-founder Robinhood Markets, Inc., is displayed on a screen during his company’s IPO at the Nasdaq Market site in Times Square in New York City, U.S., July 29, 2021.Brendan McDermid | ReutersCheck out the companies making headlines in premarket trading Friday.Apple — Apple's stock price
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An Amazon truck is seen entering the LDJ5 Amazon Sort Center on April 25, 2022 in New York City.Michael M. Santiago | Getty ImagesCheck out the companies making headlines in extended trading.Amazon — Shares of the e-commerce giant tumbled by 10% after hours, after the company reported first-quarter results
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Warren Buffett, Chairman and CEO of Berkshire Hathaway.David A. Grogan | CNBCWarren Buffett has begun to unleash Berkshire Hathaway's massive cash stockpile in recent weeks, snapping up an insurer and multi-billion dollar stakes in energy and computer corporations.But his recent moves are more notable for what he has avoided
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Huawei's smartphone business has struggled under U.S. sanctions that restrict it from buying chips and other components from key suppliers.Costfoto | Future Publishing | Getty ImagesBEIJING — Chinese telecommunications giant Huawei announced Thursday that first quarter revenue fell by nearly 14% from a year ago, while its profit margin
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The Huangpu River splits the Chinese city of Shanghai between the older settlement on the west and the newer, financial center on the east.Johannes Eisele | Afp | Getty ImagesChina's latest wave of Covid restrictions has forced millions of people — roughly three times as many as live in
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A pedestrian walks in front of an AT&T location in New York.Scott Mlyn | CNBCCheck out the companies making headlines in midday trading Monday:AT&T — Shares of AT&T jumped more than 7% after the telecom giant announced that it closed its transaction with Discovery to spin off its WarnerMedia
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Check out the companies making headlines before the bell:GameStop (GME) – GameStop plans to seek shareholder approval to boost the number of shares outstanding in order to enable a stock split. The videogame retailer is proposing an increase to 1 billion shares from 300 million. The stock surged 16.6%
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Sequoia Capital is betting the next European tech giant will emerge in Switzerland.The Silicon Valley venture capital firm told CNBC that it led an $80 million funding round for Yokoy, a platform that helps large companies manage their expenses, invoicing and credit card processing. Previous investors Left Lane and
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