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Economy
CNBC Daily Open: Nasdaq closes at record high; Google launches new AI model
A photo of Sam Altman, CEO of OpenAI.Olivier Douliery | Afp | Getty ImagesThis report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open…
Putin wants 3 things from Xi as he seeks to deepen Russia-China ties, analyst says
Russian President Vladimir Putin's meeting with Chinese leader Xi Jinping in China this week is the latest sign of deepening strategic ties between both sides. Putin will make a…
Red Lobster closing at least 99 locations as its future comes into question
A sign is posted on the exterior of a Red Lobster restaurant on April 17, 2024 in Rohnert Park, California. Justin Sullivan | Getty ImagesAt least 99 locations of Red Lobster are…
Cramer warns against ‘meme stock mania,’ says to sell GameStop and AMC
CNBC's Jim Cramer said investors should get out of stocks like GameStop and AMC, both of which saw huge rallies this week triggered by social media."When I see meme stock mania…
Google rolls out its most powerful AI models as competition from OpenAI heats up
Google CEO Sundar Pichai speaks at the Google I/O developer conference. Andrej Sokolow | Picture Alliance | Getty ImagesGoogle used its annual developer conference to showcase what…
AMC’s meme stock windfall may help it pay down a massive debt load
Cars drive near an AMC Theater in New York City on March 29, 2023.Leonardo Munoz | View Press | Corbis News | Getty ImagesCan AMC Entertainment capitalize on a second meme…
Here’s everything to expect from Wednesday’s key report on inflation
People shop in the food section of a retail store in Rosemead, California, Jan. 19, 2024.Frederic J. Brown | AFP | Getty ImagesInflation trends may have gotten a little less dreary…
GameStop, AMC attracting a fraction of retail trader interest seen during 2021’s meme mania
A woman walks past the GameStop store inside the Susquehanna Valley Mall in Selinsgrove, Pennsylvania, on Jan. 27, 2021.Photo by Paul Weaver/SOPA Images/LightRocket via Getty…
Education Dept. announces highest federal student loan interest rate in more than a decade
The US Department of Education sign hangs over the entrance to the federal building housing the agency's headquarters in Washington, D.C., Feb. 9, 2024.J. David Ake | Getty…
Comcast offers subscribers Peacock, Netflix and Apple TV+ bundle
Comcast said Tuesday it will introduce a streaming bundle for its cable, broadband and mobile subscribers, tying together Peacock, Netflix and Apple TV+ at a discounted rate.The…