Access to cheap manufacturing in China is becoming a disadvantage for some Chinese businesses selling overseas due to the pandemic and trade tensions.
Kategorie-Archiv: CNBC Financial News
Dow falls more than 100 points as jobs data, GM earnings disappoint
U.S. stock futures were little changed early Wednesday morning after the S&P 500 rose to another fresh record during the regular session.
Stocks making the biggest moves after hours: Lyft, Match, Robinhood and more
These are the stocks posting the largest moves in extended trading.
Royal Caribbean shares fall as cruise line posts wider-than-expected loss, disappointing revenue
Royal Caribbean reported second-quarter results with a wider-than-expected loss and a disappointing revenue.
General Motors misses Wall Street second-quarter earnings expectations, raises 2021 guidance
GM said quarterly earnings were dragged down by some $1.3 billion in warranty recall costs, including $800 million related to the Chevrolet Bolt EV.
CVS Health raises estimates after strong earnings, but shares fall on investment plans
The drugstore chain said its business has begun to normalize, as customers buy more items in the front of the store and pharmacists fill more prescriptions.
Germany’s Commerzbank reports second-quarter loss as restructuring, write-off charges bite
Commerzbank on Wednesday reported a net second-quarter loss due to restructuring costs and an exceptional write-off to an outsourcing project.
Synthetic biology company Zymergen plunges 68% after saying product revenue will be ‚immaterial‘ in 2022, removing CEO
Three months after its IPO, Zymergen is warning investors that revenue is much further out than expected.
Bearish trend signals stocks are vulnerable to a 10% to 15% correction
BTIG’s Julian Emanuel warns the major indexes are likely weeks away from a setback.
Dow falls 100 points as Covid concerns weigh on reopening trades
The spread of the delta coronavirus variant continued to keep investors on edge.