Pinterest shares plunged after the company reported its second-quarter results, which showed a decline in monthly users.
Kategorie-Archiv: CNBC Financial News
Halfway through earnings season, the ‚peak everything‘ story may need to be put on hold
Not only are earnings blowing out estimates by a wide margin, but companies are raising guidance for the remainder of 2021.
U.S. Marshals Service hires custodian to hold crypto seized in criminal activity
The U.S. Marshals Service has hired crypto custodian Anchorage Digital to custody its seized cryptocurrency.
Fed holds rates near zero, says economy has gotten better even with pandemic worries
The Federal Reserve on Wednesday held its benchmark interest rate near zero and said the economy continues to progress despite concerns over the pandemic spread.
A key deadline for a 9/11 relief program approaches. How survivors can apply for relief
The federal government created two programs to assist individuals who lived and worked in downtown New York City during the tragedy.
Economic growth likely hot in the second quarter, but shortages may have kept it from overheating
The second quarter grew at what is expected to be the strongest pace of the year, but it would have been even more rapid, if not for supply-chain issues.
Stocks making the biggest moves premarket: Comcast, Merck, Tempur Sealy, Yum and others
These are the stocks posting the largest moves before the bell.
Shares of Singapore’s top banks jump after regulator lifts cap on dividend payouts
The three-listed banks — DBS, OCBC and UOB — make up around one-third of the benchmark Straits Times Index.
China will still allow IPOs in the United States, securities regulator tells brokerages
A series of regulatory actions in the last few weeks has heightened investor concerns that Beijing is trying to block foreign capital flows into Chinese assets.
Robinhood valued at $32 billion after selling shares in IPO at $38 per share
Robinhood’s was last valued in the private market at $11.7 billion in September, and has since expanded its user base.