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Elon Musk's rocket company, recently merged with xAI, is aiming to raise $75 billion in its initial public stock offering. It's the first of a trio of mega-IPOs from AI companies expected this year.
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CNBC Daily Open: Trump expresses 'love' for inflation print and anger at Iran CNBCTrump says 'I love the inflation' after consumer price index hits 3-year high CNBC'I love the inflation,' Trump says as prices rise amid Iran war Reuters'The die has been cast': Trump allies fear it's too late to reverse economic woes Politico
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Companies appear hesitant to pass those price increases on to weary consumers, whose wages aren't keeping up.
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The Chinese autonomous-driving company is aiming to make more inroads overseas this year, betting that robotaxis and related services will be in high demand in coming years.
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