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What tariffs? Toyota hits record sales in 2025, despite Trump’s auto levies

A Toyota dealership is seen on November 19, 2025 in Austin, Texas. Brandon Bell | Getty Images Toyota Motor has retained its position as the world’s top-selling automaker in 2025, posting record sales of 10.5 million units, the Japanese auto giant reported on Thursday. Sales of Toyota and its luxury Lexus marque rose 3.7% from […]

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SK Hynix overtakes Samsung in annual profit for the first time as AI reshapes rivalry

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The SK Hynix Inc. logo is displayed on a glass door at the company’s office in Seoul, South Korea, on Monday, Jan. 27, 2014. SK Hynix aims to select a U.S. site for its advanced chip packaging plant and break ground there around the first quarter of next year. SeongJoon Cho | Bloomberg | Getty

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Carvana shares fall 14% following short-seller accusations

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A Carvana used-car vending machine displays vehicles in Miami, Dec. 9, 2022. Joe Raedle | Getty Images Shares of Carvana plummeted 14.2% Wednesday following short-seller accusations that the online used retailer overstated earnings with the help of businesses controlled by CEO Ernie Garcia III’s family. Gotham City Research alleged Wednesday that the online used car

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Samsung profit triples, beating estimates as AI chip demand fuels memory shortage

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Headquarters of Samsung in Mountain View, California, on October 28, 2018. Smith Collection/gado | Archive Photos | Getty Images Samsung Electronics reported an over threefold surge in fourth-quarter profits on Thursday, hitting a new record and beating analysts’ estimates, as a memory chip shortage and strong demand for artificial intelligence servers lifted earnings. Here are

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Home Depot lays off 800 workers, says corporate employees will return to office 5 days a week

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A Home Depot logo is displayed at one of their stores on November 8, 2025 in San Diego, CA. Kevin Carter | Getty Images News | Getty Images Home Depot on Wednesday said it will lay off 800 workers and announced corporate employees will have to return to the office five days per week. In

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Southwest Airlines forecasts surge in 2026 profits after new seat, bag fees take hold

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A Southwest Airlines aircraft parks at Gate B33 while its tail sticks into the sunlight at Boston Logan International Airport in Boston, MA, on December 22, 2025. Austin DeSisto | Nurphoto | Getty Images Southwest Airlines on Wednesday forecast a surge in 2026 profits well above analysts’ expectations as the carrier overhauls its half-century-old business

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Microsoft shows gain on OpenAI investment after restructuring as cloud growth slows

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Microsoft CEO Satya Nadella speaks at the World Economic Forum in Davos, Switzerland, on Jan. 20, 2026. Krisztian Bocsi | Bloomberg | Getty Images Microsoft shares slipped 4% in extended trading on Wednesday after the software maker posted slowing cloud growth. Here’s how the company performed in comparison with LSEG consensus: Earnings per share: $4.14 adjusted

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Southwest ends open seating after 54 years. Here’s what the last flight was like

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OVER THE PACIFIC OCEAN — The 112 passengers on this Southwest Airlines red-eye flight from Honolulu to Los Angeles were the last in the airline’s more than 54-year history to scramble for a seat on board. Before dawn on Tuesday, Southwest ended its quirky (or anxiety-inducing, depending on the traveler) open-seating policy in favor of

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The Fed meeting, Starbucks earnings, Amazon layoffs and more in Morning Squawk

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This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. When you work in journalism, there’s a new surprising story each day. Yesterday, it was about what gold investors can learn from King Henry VIII’s reign. S&P 500 futures are rising this morning after a winning day. Here are five key

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South Korea’s SK Hynix to establish a special ‘AI Company’ in the U.S.

Finance News

Illustration of the SK Hynix logo displayed on a phone screen. Jakub Porzycki | Nurphoto | Getty Images South Korean memory giant SK Hynix announced Wednesday that it will set up a new U.S.-based company focused on artificial intelligence solutions, committing at least $10 billion as it seizes on new AI growth engines. The new

South Korea’s SK Hynix to establish a special ‘AI Company’ in the U.S. Read More »

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