Bianco Research’s Jim Bianco sees a frustrating backdrop unfolding for investors.
Kategorie-Archiv: CNBC Financial News
Yum Brands tops earnings estimates as sales rebound at Taco Bell, KFC and Pizza Hut
Shares of Yum Brands rose more than 2% after the company reported better-than-expected second-quarter earnings and revenues on Thursday.
Comcast beats earnings expectations, gains record internet customers for quarter
The company said that NBCUniversal’s streaming service, Peacock, has 54 million sign-ups as of this week.
Oil giant Shell raises dividend and launches $2 billion share buyback as commodity prices soar
Shell boosted its dividend for the second consecutive quarter and announced the launch of a $2 billion share buyback program.
Volkswagen posts record first-half earnings and raises profit margin target
Volkswagen posted record first-half earnings on Thursday while also raising its target for profit margin.
Facebook beats earnings expectations, but warns of significant growth slowdown
Facebook’s results exceeded estimates as the company lapped the first full quarter of Covid impact, leading to the fastest revenue growth since 2016.
Swvl, a green-focused mass transit company, is going public via an all-female SPAC
Dubai-based Swvl, which is focused on efficient ridesharing in markets that don’t always have reliable public transportation, is the latest start-up to tap the public market through a SPAC.
Shake-up in Chinese stocks raises questions over the future of international investing
Recent volatility in China will test those who invest internationally. To be in the game, investors need to think long term and prepare for a wild ride.
Binance CEO says he’s willing to step down as world’s biggest crypto exchange welcomes regulation
Binance CEO Changpeng „CZ“ Zhao said he’s willing to step down from his role as the cryptocurrency exchange seeks to become a regulated financial institution.
UPS stock slides after U.S. delivery volume declines
Shares of the delivery company had been up nearly 25% year to date before the second-quarter earnings report.