A U.K. judge on Tuesday referred a case against Australian entrepreneur Craig Wright’s claim to be the inventor of bitcoin to the Crown Prosecution Service.
Kategorie-Archiv: CNBC Financial News
Microsoft’s hiring of staff from AI startup Inflection referred for UK merger probe
Microsoft’s hiring of employees from artificial intelligence startup Inflection has been referred for an initial merger investigation in the U.K.
Morgan Stanley shares drop after wealth management misses on plunging interest income
Morgan Stanley shares fell after the bank’s wealth management division missed estimates on a steep decline in interest income.
Morgan Stanley shares drop after wealth management misses on plunging interest income
Morgan Stanley shares fell after the bank’s wealth management division missed estimates on a steep decline in interest income.
Bank of America tops estimates on better-than-expected investment banking
Bank of America disclosed new guidance that net interest income, a key metric for banks, will rise to about $14.5 billion in the fourth quarter of this year.
Hugo Boss shares plunge 9% as firm cuts 2024 guidance amid slumping China demand
Shares of Hugo Boss fell as much as 10% in morning trade Tuesday after the company cut its sales outlook.
Goldman Sachs tops estimates on better-than-expected fixed income trading
Goldman Sachs topped expectations for profit and revenue on better-than-expected fixed income results and smaller-than-expected loan loss provisions.
China reports second-quarter GDP growth of 4.7%, missing expectations
The National Bureau of Statistics did not hold a press conference for the data release. China’s high-level policy meeting, the Third Plenum, kicks off Monday.
Goldman Sachs tops estimates on better-than-expected fixed income trading
Goldman Sachs topped expectations for profit and revenue on better-than-expected fixed income results and smaller-than-expected loan loss provisions.
Burberry shares drop 16% after the luxury giant issues profit warning and replaces CEO
Shares in Burberry plunged on Monday after a disappointing first-quarter performance led it to issue a profit warning, replace its CEO and axe its dividend.