Warren Buffett’s holding company sold more Bank of America shares this week, reducing its holding across six consecutive trading days.
Kategorie-Archiv: CNBC Financial News
China to use ultra-long bonds for consumer, trade-in policy support as worries about retail sales slump grow
China on Thursday announced its most targeted measures yet for boosting consumption, which has remained lackluster since the pandemic.
Britain will soon lay out new plans to regulate ‚buy now, pay later‘ firms like Klarna after delays
A U.K. Treasury department spokesperson said the government will set out plans to regulate „buy now, pay later“ plans „shortly.“
Chinese EV startups are spending more on research than Tesla is
U.S.-listed Chinese electric car companies are spending more on research as a ratio to sales than Tesla, according to CNBC analysis.
Job seekers are sour on the cooling labor market
Confidence among job seekers is at a two-year low. While the labor market remains strong, there may be trouble if it continues to cool, economists said.
American issues weak profit forecast after backfired sales plan, industry oversupply
The carrier’s profit fell 46% during the second quarter even though revenues rose.
Keurig Dr Pepper earnings meet estimates as higher prices fuel U.S. soda sales
Keurig Dr Pepper’s second-quarter earnings and revenue met Wall Street’s expectations.
Southwest profit falls 46% as airline takes ‚urgent‘ steps to increase revenue
Southwest is under pressure from an activist investor after it lagged competitors.
Unilever pops 6% on margin guidance raise, Ben & Jerry’s spinoff on track to complete by end of 2025
The company, whose vast portfolio of brands spans Dove, Axe, Knorr and Vaseline, recorded sales growth across all segments in the first half of the year.
Shares of Gucci-owner Kering hit seven-year low after weak forecast, revenue drop on low China sales
Shares in Gucci-owner Kering fell on Thursday after the luxury group announced a sharp decline in revenue in the first half of the year.