These are the stocks posting the largest moves in midday trading.
Kategorie-Archiv: CNBC Financial News
Bed Bath & Beyond posts disappointing results after low inventory hurt business in the holiday quarter
Bed Bath & Beyond is in the middle of a turnaround effort and has been under pressure from an activist investor.
JPMorgan Chase reports $524 million hit from market dislocations caused by Russia sanctions
JPMorgan said Wednesday that first-quarter profit fell because of increased costs tied to bad loans and market upheaval caused by the Ukraine war.
Delta forecasts a quarterly profit as travelers keep flying despite higher fares, helping offset surging fuel costs
Delta said it expects a pretax profit in the second quarter and that it will restore capacity to 84% of 2019 levels.
In the U.S., consumers are paying more for everything. In China, the inflation problem is very different
Persistent inflation in China narrows the window for when the People’s Bank of China can cut rates and support growth, economists said.
Stocks making the biggest moves in the premarket: PG&E, Hewlett Packard Enterprise, CarMax and more
The stocks making the biggest moves in premarket trading include PG&E, Hewlett Packard Enterprise, CarMax, and more.
Russia’s war in Ukraine means there’ll be no return to normality for Europe’s economy
The war in Ukraine and the ensuing economic sanctions imposed on Russia will be a far bigger „game-changer“ for Europe’s economy and markets than Covid, according to Dutch bank ING.
U.S. fintech Plaid taps Booking.com veteran to lead its European expansion
The company says it’s planning an „aggressive“ expansion in Europe this year.
Stocks rebound on hope inflation is peaking, Nasdaq adds 1%
The recent spike in U.S. inflation has helped increase expectations of tighter monetary policy from the Federal Reserve.
Shopify plans a 10-for-1 stock split, eyes ‘founder share’ to protect CEO’s voting power
Shopify is planning a 10-for-1 stock split, while seeking shareholder approval for a „founder share“ for its CEO Tobi Lutke to increase his voting power.