The consumer tech giant is as strong as ever, and we see positive catalysts ahead.
Kategorie-Archiv: CNBC Financial News
Coinbase reports first-quarter revenue beat after bitcoin rally leads to surge in profit
Coinbase’s quarterly results follow a big jump in the price of bitcoin from a year earlier, though the rally has stalled of late.
Amgen scraps experimental weight loss pill, moves forward with injection
Amgen is among several drugmakers racing to join the red-hot weight loss drug space dominated by Novo Nordisk and Eli Lilly.
Block shares jump on better-than-expected first-quarter results
Block’s earnings report comes during a slide in the stock price tied to reports that U.S. prosecutors were probing the company’s compliance practices.
Apple announces largest-ever $110 billion share buyback as iPhone sales drop 10%
Apple CEO Tim Cook told CNBC that quarterly sales suffered from a difficult comparison to the year-earlier period.
Exxon Mobil reaches agreement with FTC, poised to close $60 billion Pioneer deal
The FTC will not block the deal now that the regulator and Exxon have reached a consent agreement, according to a source familiar with the matter.
Here’s what changed in the new Fed statement
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in March.
Fed keeps rates steady as it notes ‚lack of further progress‘ on inflation
With the decision to hold the line on rates, the committee noted a „lack of further progress“ in getting inflation back down to the central bank’s 2% target.
Why hundreds of U.S. banks may be at risk of failure
Of about 4,000 banks, 282 banks face threats from commercial real estate and higher interest rates, according to a study by Klaros Group.
Peloton CEO Barry McCarthy to step down, company to lay off 15% of staff as it looks to refinance debt
Peloton announced Thursday that CEO Barry McCarthy will be stepping down just over two years after he took over from founder John Foley.