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Stocks making the biggest moves midday: Apple, CarMax, Coinbase, Peloton and more

Stocks making the biggest moves midday: Apple, CarMax, Coinbase, Peloton and more

[ad_1] An employee arranges Apple iPhones as customer shop at an Apple store.Mike Segar | ReutersCheck out the companies making headlines in midday trading.Apple — The big technology stock shed 5% following a rare downgrade by Bank of America. The bank downgraded shares of the iPhone maker to neutral and

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Stocks making the biggest moves premarket: Apple, CarMax, Bed Bath & Beyond and more

Stocks making the biggest moves premarket: Apple, CarMax, Bed Bath & Beyond and more

[ad_1] Check out the companies making headlines before the bell:Apple (AAPL) – Apple lost 2.2% in the premarket after BofA Securities downgraded it to neutral from buy. BofA said Apple has held up relatively well in a down market, but it expects a negative impact on the company from weakening

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‘Do not bet’: China’s central bank warns against yuan speculation

‘Do not bet’: China’s central bank warns against yuan speculation

[ad_1] The Chinese yuan weakened past the closely-watched 7.2 level against the greenback this week.Getty ImagesBEIJING — The People's Bank of China has warned against betting on the yuan, after its rapid decline against the U.S. dollar this week."Do not bet on a one-sided appreciation or deprecation of the renminbi

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Ken Griffin says Fed has not done enough, must continue on its path to reset inflation expectations

Ken Griffin says Fed has not done enough, must continue on its path to reset inflation expectations

[ad_1] Ken Griffin, Citadel's founder and CEO, believes the Federal Reserve has more work to do to bring down inflation even after a series of big rate hikes."We should continue on the path that we're on to ensure that we reanchor inflation expectations," Griffin said at CNBC's Delivering Alpha Investor

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Stanley Druckenmiller sees ‘hard landing’ in 2023 with a possible deeper recession than many expect

Stanley Druckenmiller sees ‘hard landing’ in 2023 with a possible deeper recession than many expect

[ad_1] Stanley DruckenmillerAdam Jeffery | CNBCBillionaire investor Stanley Druckenmiller believes the Federal Reserve's aggressive tightening measures will tip the U.S. economy into a recession."Our central case is a hard landing by the end of '23," Druckenmiller said at CNBC's Delivering Alpha Investor Summit in New York City Wednesday. "I will be stunned

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Zee Business Top Picks 28th Sep’22: Top Stories This Evening – All you need to know

Zee Business Top Picks 28th Sep’22: Top Stories This Evening – All you need to know

[ad_1] Zee Business Top Picks 28th Sep'22: LIVE: RBI Monetary Policy Review Meeting Begins - MPC to recommend another hike? Date, Time, Expectations, Possible Outcomes - Latest News, Updates. Among other top news, Government hikes Dearness Allowance by 4 per cent to 38 per cent. Also know the top gainers and losers on the

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Stocks making the biggest moves premarket: Biogen, Thor Industries, Lyft and more

Stocks making the biggest moves premarket: Biogen, Thor Industries, Lyft and more

[ad_1] Check out the companies making headlines before the bell:Biogen (BIIB) – Biogen soared 45.6% in premarket trading after Biogen and Japanese partner Eisai said their experimental Alzheimer's drug dramatically slowed the disease's progression in a study, reducing cognitive and functional decline by 27%.Thor Industries (THO) – Thor Industries gained

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A game about sheep is going viral in China even as gaming regulation remains tight

A game about sheep is going viral in China even as gaming regulation remains tight

[ad_1] A young Beijing company's game called "Sheep a Sheep" went viral in China in September 2022.Evelyn Cheng | CNBCBEIJING — A new game that's gone viral in China hit people's screens with surprising speed at a time when gaming giants such as NetEase have waited months for approval to

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Stocks making the biggest moves midday: Hertz, Ford, Keurig Dr Pepper and more

Stocks making the biggest moves midday: Hertz, Ford, Keurig Dr Pepper and more

[ad_1] Check out the companies making the biggest moves midday:Hertz — Shares of the rental car company jumped 1.9% after the company announced a partnership with BP's electric vehicle charging unit that will put thousands of charging stations at Hertz locations. Many of the stations will be used to charge

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