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SoftBank-Backed Online Car Dealer Auto1 to Go Public in First Quarter, Plans to Raise $1.2 Billion
German online car trading platform Auto1 on Wednesday announced it is planning to list on the Frankfurt Stock Exchange in the first quarter of 2021.
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S&P 500 and Nasdaq Close Slightly Higher, Led by Tech Shares
The S&P 500 and Nasdaq Composite closed slightly higher on Wednesday, led by tech shares, as traders kept an eye on interest rates.
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10-Year Treasury Yield Falls as Data Shows Inflation Stays Subdued
U.S. Treasury yields dipped on Wednesday, after strong demand in an auction for $38 billion of 10-year notes on Tuesday.
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Car Auction Company KAR Goes 100% Digital Years Ahead of Schedule Amid Pandemic
KAR Auction Services planned to go 100% digital in the next three years, but ended up making it happen virtually overnight, CEO Jim Hallett said.
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Goldman Sachs' Chief Economist Warns a Pullback for Stocks Could Be Coming Soon
Goldman Sachs Chief Economist Jan Hatzius said that U.S. stocks and bond markets could possibly “take more of a breather” in the near term.
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With Rates on the Rise, Investors Fear Any Signs of Inflation
With the sharp move higher in interest rates, markets have been on the lookout for inflation creeping up.
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Meet the Three Men Hoping to Replace Angela Merkel
Whoever wins the leadership contest for Germany’s CDU Party on Jan. 16 will most likely also be the next chancellor of Germany.
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Biden Could Struggle With Taiwan Issue Rocking U.S.-China Relations, Says Political Risk Expert
President Donald Trump broke with decades of U.S. foreign policy by moving his country closer to Taiwan over the last four years — angering Beijing.
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Urban Outfitters Shares Tumble on Disappointing Holiday Sales, Retailer Taps Harrington as CEO
Urban Outfitters shares tumbled after the apparel retailer reported disappointing holiday sales and announced its current chief executive is set to depart.
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Stocks Making the Biggest Moves After Hours: Urban Outfitters, KB Home, Repay Holdings & More
Check out the companies making headlines in after hours trading.
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Fed's Esther George Cautions That Inflation Could Rise Faster Than Expected
Long-dormant inflation could rebound more quickly than anticipated, Kansas City Fed President Esther George said Tuesday.
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Watch Now: ETF Edge on Invesco's 2021 Outlook for ESG, International Markets, Thematic Investing and More
Disclosure: Invesco is the sponsor of CNBC’s “ETF Edge.” CNBC’s ETF Edge is dedicated to the fastest-growing trend in investing right now: ETFs. Every Monday, Bob Pisani will be joined by a panel of top market participants to offer educational and actionable advice to help you build your best portfolio.
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Jeff Gundlach Says Stock Market Valuations Are Extraordinarily High, Supported Only by the Fed
Jeffrey Gundlach raised concern on Monday about the stock market and its high valuation relative to historical levels.
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Synchrony CEO Margaret Keane Stepping Down After Nearly a Decade Leading the Co-Branded Card Lender
Synchrony CEO Margaret Keane will step down after nearly a decade of running the co-branded card lender.
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More Parts of China Lock Down as Virus Cases Spike Ahead of WHO Visit
Langfang city, located about 1.5-hours south of downtown Beijing, told its nearly 5 million residents on Tuesday to stay home for the next seven days.
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Chinese Electric Car Start-Up Xpeng Gets $2 Billion in Credit From State-Owned Banks
Alibaba-backed Xpeng announced Tuesday it secured a credit line of 12.8 billion yuan from institutions including three of the “big five” state-owned banks.
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$150 Billion Wiped Off Cryptocurrency Market in 24 Hours as Bitcoin Pulls Back
Bitcoin, the largest cryptocurrency, fell over 10% from a day earlier to $34,200, according to Coin Metrics data.
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Elon Musk Said ‘Use Signal,' and Confused Investors Sent the Wrong Stock Up 438% on Monday
Signal Advance the component maker and Signal the encrypted messaging app are not related, despite their names.
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10-Year Treasury Yield Climbs Above 1.1% to Start the Week
The 10-year U.S. Treasury yield remained higher than the 1.1% mark on Monday morning, following President-elect Joe Biden’s economic stimulus pledge.
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Lululemon Forecasts Fourth-Quarter Earnings and Sales at the Top End of Outlook Thanks to Strong Holidays
Lululemon has not offered an outlook for the full year due to the ongoing effects of the Covid pandemic.