Alibaba-backed augmented reality glasses company Xreal said it received $60 million in new funding, giving the company a valuation of more than $1 billion.
Kategorie-Archiv: CNBC Financial News
Workers are sour on the job market — but it may not be warranted
Layoffs and unemployment remain quite low by historical standards. So why do workers still feel lousy?
Having too many options can paralyze investors. Here’s how you can overcome ‚choice overload‘
Having too much choice can paralyze good investment decisions via „choice overload.“
Pfizer beats earnings estimates as declining Covid business loses less revenue than expected
Pfizer reversed roughly $3.5 billion in revenue related to the expected return of 6.5 million doses of its Covid drug, Paxlovid, from the U.S. government.
JetBlue swings to a loss, forecasts lower capacity in 2024
JetBlue said it expects 2024 capacity to be down in the low single digits and that its adjusted margins could approach breakeven.
GM beats Wall Street estimates, forecasts continued strong profit in 2024
GM’s 2023 earnings included several special charges, including $1.1 billion in North American strike costs and $792 million for new commercial agreements.
World’s largest sovereign wealth fund posts record $213 billion profit, boosted by tech stocks
Norway’s sovereign wealth fund, the world’s largest, was established in the 1990s to invest the surplus revenues of the country’s oil and gas sector.
Zelenskyy’s income fell drastically following Russia’s invasion, new declaration reveals
The Zelenskyy family income fell almost threefold between 2021 and 2022, according to the declaration on the presidential website.
China’s luxury market is bouncing back. Analysts say these are new areas of opportunity
As China’s luxury sales rebound, industry analysts and financial releases from major brands point to new growth opportunities versus pre-pandemic trends.
China removes state media article on plans to merge bad debt asset managers with sovereign wealth fund
Beijing pledged last Monday to strengthen the „inherent stability“ of its capital markets and improve market confidence.