The recent short selling frenzy on Wall Street will not likely come to China, where there are many more market restrictions.
Kategorie-Archiv: CNBC Financial News
Quest says high demand for Covid testing drove record revenues, increases dividend
„Continued high demand for COVID-19 testing drove our performance through the second half of the year,“ CEO Steve Rusckowski said.
Coach owner Tapestry sales fall 7% in holiday quarter, sees 2021 revenue up in high-single digits
Tapestry posted holiday-quarter earnings and sales that topped analysts‘ estimates, helped by a surge in demand for its handbags in China and online.
Qualcomm falls short on revenue in first earnings report since CEO change announced
Wednesday’s report is the first from the chipmaker since it announced last month that CEO Steve Mollenkopf will retire later this year.
Stocks making the biggest moves in the premarket: Spotify, Boston Scientific, Alphabet & more
The stocks making the biggest moves in premarket trading include Spotify, Boston Scientific, Alphabet, and more.
Investing app Stash raises $125 million as it looks to add new customers — just not day traders
Stash is announcing a $125 million funding round to help fuel customer growth but tries to avoid profit-driven day traders.
Alibaba looking to raise up to $5 billion in U.S. dollar bond issuance after earnings beat
Alibaba’s bond offering comes after it reported December quarter earnings that beat expectations and in which its cloud division turned profitable.
Despite recent market strength, Canaccord’s Tony Dwyer believes a 5% to 10% pullback is underway
Canaccord Genuity’s Tony Dwyer believes a market setback is looming.
S&P 500 futures rise as Reddit mania unravels, Amazon and Alphabet report strong earnings
On Tuesday, the Dow Jones Industrial Average gained more than 475 points.
Amazon reports first $100 billion quarter following holiday and pandemic shopping surge
Amazon said in its earnings report for the fourth quarter of 2020 that AWS CEO Andy Jassy will replace Jeff Bezos as CEO in the third quarter of this year.