Shares of Palo Alto Networks have been on a tear ahead of Monday’s earnings report.
Kategorie-Archiv: CNBC Financial News
TikTok ‚finfluencers‘ accurately called the AI rally, but credibility concerns dog them
Experts warned against trusting advice from these finfluencers, but agreed that they provide a first step to promote investing awareness among young investors.
China’s central bank says risks from local government debt have dropped
China’s financial risks have dropped, including from local government debt, People’s Bank of China Governor Pan Gongsheng said in interviews with state media.
Here’s the deflation breakdown for July 2024 — in one chart
Prices in some areas of the U.S. economy have deflated, meaning they’ve declined.
Warren Buffett did something curious with his Apple stock holding
The identical 400 million share count in Apple and Buffett’s oldest and longest position Coca-Cola prompted some to believe he is done selling the tech stock.
TikTok and fast-food rivalry fuel Chili’s sales as parent Brinker says turnaround is taking hold
After two years, Brinker International’s turnaround of Chili’s looks like it’s taking hold, as the chain benefits from higher fast-food prices.
Klarna takes on banks with a personal account and cashback rewards ahead of IPO
Klarna, best known for its buy now, pay later loans, is launching a personal account for deposits and cashback rewards in the U.S. and Europe.
China’s bond market intervention reveals financial stability worries
The country’s latest efforts to stem a bond market rally shows that authorities are worried about financial stability, analysts said.
Alibaba shares dip 4% in premarket after earnings miss expectations despite cloud acceleration
Alibaba continues to face headwinds in its core e-commerce business amid rising competition and a cautious Chinese consumer.
Walmart beats estimates, raises outlook as it sees stable consumer health
Walmart beat quarterly earnings and revenue estimates and hiked its full-year guidance.