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CXMT is sparking fears of a cash drain before blockbuster IPO

TazaPulseJuly 24, 2026
CANADA – 2026/05/23: In this photo illustration, the CXMT (ChangXin Memory Technologies) logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images ChangXin Memory Technologies’ massive listing is stoking fears that its market debut could pull cash from Chinese equities, as...
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Cerebras stock gains on AMD partnership

TazaPulseJuly 24, 2026
Andrew Feldman, co-founder and CEO of Cerebras Systems, holds the Wafer Scale Engine 3 chip at the Nasdaq MarketSite in New York on May 14, 2026. Michael Nagle | Bloomberg | Getty Images Cerebras shares gained about 4% on Thursday after the company forged an agreement with Advanced Micro Devices that involves the two chipmakers...
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Jim Cramer on Thursday’s stock market sell-off

TazaPulseJuly 24, 2026
Key Points CNBC’s Jim Cramer said the market appears too complacent given the escalating conflict in the Middle East, rising oil prices, higher interest rates, and increasing AI spending. “I’m struggling to have reasons to buy, and I certainly have a lot of reasons to sell,” he said on “Squawk on the Street” on Thursday....
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Dramatic jump in AI ETFs despite rough quarter

TazaPulseJuly 23, 2026
Wall Street is banking heavily on exchange-traded funds that give investors artificial intelligence exposure, according to J.P. Morgan Asset Management. The firm’s “Guide to ETFs,” which came out this month, finds it’s a top five theme by assets under management — even as volatility hit the group in the second quarter. “Many [themes] are morphing...
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Google Cloud CEO Kurian says customers are spending 50% more as segment blows away expectations

TazaPulseJuly 23, 2026
Google‘s cloud chief Thomas Kurian said the company’s existing customers are shelling out “roughly 50% more” than they’ve already committed to spend on its products, which helped drive its red-hot cloud growth during the second quarter.  “Our existing customers have increased their spend when they make a commitment to us,” Kurian told CNBC’s Jim Cramer...
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5 things to know before the stock market opens Thursday

TazaPulseJuly 23, 2026
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Thursday. If our minds weren’t already racing thanks to wildfire smoke and the cyclospora outbreak, we may also need to worry about rouge artificial intelligence agents. Stock futures are falling this morning after a down day for Wall Street. Here are...
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