These are the stocks posting the largest moves in early morning trading.
Archiv für den Monat: April 2022
Gibraltar became a hub for crypto — now it wants to tackle attempts to manipulate the market
Despite its small size, the overseas British territory has a track record of developing rules for the crypto market.
Credit Suisse says U.S. authorities will ‚absolutely not‘ find any wrongdoing amid probe into Russian oligarch record shredding
CEO Thomas Gottstein told CNBC that letters received by investors had „nothing to do“ with sanctions, or loans belonging to members of Putin’s inner circle.
China’s central bank steps in to slow its rapidly weakening currency, as yuan hits one-year lows
The Chinese yuan traded a touch stronger against the U.S. dollar Tuesday, reversing a sharp weakening trend after the PBOC signaled support for its currency.
Nasdaq rebounds 1% after biggest drop since 2020 as Microsoft leads comeback
U.S. stocks rose Wednesday a day after the Nasdaq Composite posted a new low for the year.
Boeing posts loss as it grapples with delays on commercial and defense programs
The manufacturer says it is pausing 777X production and that it doesn’t expect deliveries to start until 2025.
Credit Suisse reports quarterly loss, reshuffles management team as litigation costs bite
Credit Suisse on Wednesday reported a net loss for the first quarter of 2022 and announced a management reshuffle.
Deutsche Bank posts seventh straight quarter of profit, warns of increasing cost pressures
Deutsche Bank reported Wednesday its seventh consecutive quarterly profit, but warned that the current environment is „challenging“ and „cost pressures have intensified.“
Chipotle earnings beat estimates as customers paid more, helping offset surging costs
Chipotle’s restaurant operating margins shrank as it paid more for beef, avocados, paper and labor.
General Motors maintains 2022 guidance despite rising costs and supply chain issues
GM reaffirmed plans to produce 25% to 30% more vehicles this year than last year.