The lender, which derives most of its revenue from Asia, saw pre-tax profit jump of 37% from the $1.32 billion posted a year ago.
Kategorie-Archiv: CNBC Financial News
Alphabet’s two pillars of growth stand tall in the latest quarter. But we’re not ready to act
Alphabet shares surged during Tuesday’s after-hours trading following a solid earnings print.
Tuesday’s big stock stories: What’s likely to move the market in the next trading session
The 30-stock Dow jumped more than 270 points to snap a five-day losing streak on Monday as oil prices dipped. Here’s what CNBC is watching going into Tuesday.
Chinese IPOs in the U.S. and Hong Kong are set to increase next year, analysts say
A few high-profile Chinese listings outside the mainland are adding to expectations for a pickup in initial public offerings next year.
JPMorgan begins suing customers who allegedly stole thousands of dollars in ‚infinite money glitch‘
JPMorgan is investigating thousands of cases related to the glitch, which highlights the risk that social media can amplify vulnerabilities found at a bank.
Bret Taylor’s AI startup Sierra raises funding at $4.5 billion valuation
Sierra, the startup founded by ex-Salesforce co-CEO Bret Taylor, has raised a fresh round of capital that values the company at $4.5 billion.
What to know about the new way Microsoft will report cloud numbers Wednesday
Some on Wall Street are upbeat about the move. Others are not.
McDonald’s reverses U.S. same-store sales declines in the third quarter, but E. coli fallout looms
Shares of McDonald’s have fallen 6% since its Quarter Pounder burgers were linked to a deadly E. coli outbreak.
PayPal shares fall on revenue miss
PayPal reported better-than-expected third-quarter earnings on Tuesday, but revenue came in slightly below expectations.
Pfizer tops earnings estimates, hikes full-year guidance as Covid products help sales
It is a critical quarterly report for Pfizer, which is grappling with activist pressure from Starboard Value.