The major averages each rose at least 1% on Tuesday as investors awaited results of the U.S. election. Here’s what CNBC is watching going into Wednesday.
Kategorie-Archiv: CNBC Financial News
UniCredit and Commerzbank square off with target hikes amid takeover battle
UniCredit and Commerzbank flaunted their financial strength as the fate of one of Europe’s largest banking mergers still hangs in balance.
British fintech firm Wise posts 55% jump in profit on expanding market share
British digital payments firm Wise said that its first-half profit totalled £217.3 million ($279.8 million) in the first-half period, up 55% year-over-year.
China’s central bank affirms supportive monetary policy stance at closely watched meeting
The PBOC head added the central bank plans to “increase the intensity of counter-cyclical monetary policy,“ state media said in Chinese, translated by CNBC.
10-year Treasury yield posts huge leap to 4.47% on Trump win, possible GOP Congress sweep
Bond yields could see a big pop in the event of a Trump win as more tax cuts and steep tariffs could widen the fiscal deficit and reignite inflation.
Trump Media loses $19.2 million in third quarter, surprise Election Day filing reveals
Trump Media on Tuesday reported a loss for the third quarter along with a slight drop in already-meager revenue.
CVS posts mixed results, holds off on guidance in Joyner’s first earnings report as CEO
CVS expects elevated medical costs to continue to pressure its performance this year, „and as a result we are not providing a formal outlook at this time.“
Novo Nordisk shares jump 8% after Wegovy sales beat expectations
Novo Nordisk on Wednesday reported third quarter earnings broadly in line with expectations and narrowed its 2024 full-year growth guidance.
Toyota posts nearly 20% drop in second-quarter operating profit, missing estimates
Despite the lower takings, Toyota had raised its interim and full year dividend forecast
British fintech firm Wise posts 55% jump in profit on expanding market share
British digital payments firm Wise said that its first-half profit totalled £217.3 million ($279.8 million) in the first-half period, up 55% year-over-year.