Visa said it plans to launch a dedicated service for bank transfers, skipping credit cards and the traditional direct debit process.
Kategorie-Archiv: CNBC Financial News
Cramer names the No. 1 underappreciated megacap to buy in the recent tech stock sell-off
Microsoft’s gen AI prospects are impressive, but the stock has more to offer investors than just the new tech.
Ken Griffin’s Wellington hedge fund at Citadel squeezes out 1% gain in volatile August
Citadel’s multistrategy Wellington fund gained about 1% in August, bringing its year-to-date return to 9.9%.
Volvo Cars cuts margin and revenue aims after ditching electric vehicle target
The Swedish automaker is trimming its earnings margin goal for 2026 due to „increased complexity especially in relation to global trade and tariffs.“
Nvidia is a no-go for over half of this ultra-rich club’s members with assets worth $165 billion
Over half of Tiger 21’s members don’t invest in Nvidia, according to a recent asset allocation report released by the network of ultra high net worth investors.
Wednesday’s big stock stories: What’s likely to move the market in the next trading session
Tech shares sold off sharply Tuesday, dragging the S&P 500 to its worst day since August. Here’s what CNBC TV is watching going into Wednesday.
Robinhood lets Brits lend shares for extra income in bid to grow international footprint
Robinhood on Wednesday launched a new feature in the U.K. allowing users to lend out any stocks they own outright in their portfolio to interested borrowers.
Nvidia $279 billion wipeout — the biggest in U.S. history — drags down global chip stocks
In the U.S., chipmaker Nvidia plunged more than 9% in regular trading, leading semiconductor stocks lower amid a sell-off on Wall Street.
Dollar Tree shares slide after discounter cuts full-year forecast
Dollar stores, in particular, have felt pinched as their core customer makes trade-offs after a prolonged period of pricier food and everyday costs.
Dick’s Sporting Goods blows past earnings estimates but issues cautious guidance ahead of 2024 election
Theft at Dick’s Sporting Goods had previously impacted its profits but the company now appears to be past those issues.