These are the stocks posting the largest moves in early morning trading.
Kategorie-Archiv: CNBC Financial News
Singapore’s UOB expects ’some upside‘ to interest income after Fed rate hike
UOB posted a 35% jump to 1.5 billion Singapore dollars in its core net profit in the second quarter from a year ago.
China VC slump is set to drag Asia-Pacific fundraising down to a decade low
China-focused venture capital funds raised $2.7 billion in the second quarter, a drop of more than 50% from the first quarter, Preqin said.
BlackRock returns to India, joining forces with Indian tycoon Mukesh Ambani’s financial arm
BlackRock, the world’s largest asset manager, has joined forces with Jio Financial Services —the financial services unit of Indian billionaire Mukesh Ambani.
Comcast beats expectations as higher prices offset slowing broadband growth
Comcast posted more losses from its streaming platform, Peacock.
McDonald’s earnings top estimates as mascot Grimace fuels U.S. sales
McDonald’s same-store sales grew 11.7%, driven in part by a strong showing in Europe and the chain’s Grimace promotion.
Oil giant Shell posts sharp drop in second-quarter profit on weaker commodity prices
British oil giant Shell on Thursday reported a sharp year-on-year drop in second-quarter profit on weaker fossil fuel prices.
Samsung reports 95% drop in profit, but expects global demand to recover in second half of the year
Samsung is the world’s largest maker of dynamic random-access memory chips, which are found in consumer devices such as smartphones and computers.
Meta reports better-than-expected results and issues optimistic guidance for third quarter
Meta said revenue in the quarter increased 11% as the company returned to double-digit growth for the first time since late 2021.
A CEO quits and the BBC apologizes to Trump-ally Nigel Farage. A banking scandal erupts in Britain
NatWest Group CEO Alison Rose resigned on Wednesday after a media storm over the termination of Brexit figurehead Nigel Farage’s bank account.