Without more stimulus, China is increasingly likely to miss its growth target of around 5% this year, economists said.
Kategorie-Archiv: CNBC Financial News
Stocks making the biggest moves after the bell: H&R Block, Cava, Stride and more
These are the stocks posting the largest moves in postmarket trading.
Stocks making the biggest moves midday: Discover, D.R. Horton, Nvidia, Cleveland-Cliffs, and more
These are the stocks posting the largest moves in midday trading.
Shoppers are spending big at TJX Companies as Target sales slide
TJX Companies, which runs TJ Maxx and Marshalls, is seeing big gains in discretionary purchases as cash-strapped consumers look for a deal amid high inflation.
Target slashes full-year forecast as retailer struggles to win over thrifty shoppers
Target cut its full-year forecast even as recession fears fade, as the retailer cited factors like still high prices and the restart of student loan payments.
HKEX first-half net profit rises 31%, CEO is ‚quite optimistic‘ about medium term outlook
Hong Kong Exchanges and Clearing reported a 31% year-on-year rise in net profit for the first six months of the year.
China’s Tencent misses expectations despite fastest profit rise since late 2021
Tencent on Wednesday reported a surge in profit for the second quarter, but missed expectations.
Cava shares surge as Mediterranean restaurant chain swings to a profit in first report since IPO
Cava net sales soared 62% to $172.9 million, fueled by new restaurant openings.
Stocks making the biggest moves premarket: Nvidia, Discover Financial, D.R. Horton and more
These are the stocks posting the largest moves in premarket trading.
Fitch warns it may be forced to downgrade dozens of banks, including JPMorgan Chase
Fitch Ratings warned that U.S. banks have inched closer to sweeping rating downgrades on dozens of lenders, including JPMorgan Chase and Bank of America.