Federal Reserve Chair Jerome Powell is set to deliver what could be a key policy address Thursday.
Schlagwort-Archiv: CNBC
Fed’s Waller says officials can ‚wait, watch and see‘ before acting on interest rates
Federal Reserve Governor Christopher Waller on Wednesday indicated the central bank can afford to hold off on interest rate increases.
American Airlines posts third-quarter loss and trims 2023 profit forecast
American Airlines posted a third-quarter loss on Thursday and trimmed its profit forecast for the year.
Nokia to cut up to 14,000 jobs after 69% profit plunge
Nokia said it would cut up to 14,000 jobs as part of a cost cutting plan following third quarter earnings that plunged.
World’s largest chipmaker TSMC sees biggest drop in profit in nearly five years
TSMC posted a third quarter profit of NT$211 billion – its largest profit decline since first quarter 2019 – as weak demand for consumer electronics persists.
Tesla CEO Elon Musk sounds pessimistic note about economy on earnings call
During the company’s earnings call, CEO Elon Musk said the company’s focused on making its cars more affordable.
Netflix stock surges 13% as profit beats expectations, ad-tier subscriptions rise
Netflix reported earnings after the bell. Here are the results.
Morgan Stanley shares fall 5% as wealth management results disappoint
Morgan Stanley shares fell even as the bank posted better-than-expected profits.
Adidas shares climb after boost from Yeezy sales, guidance raise
Adidas on Tuesday hiked its full-year guidance and posted stronger-than-expected third-quarter earnings, aided by sales of its Yeezy inventory.
‚Phantom hacker‘ scams that target seniors‘ savings are on the rise, FBI says
„Phantom hacker“ scams are an evolution of tech support scams. Victims over 60 years old have accounted for 66% of total financial losses in 2023, the FBI said.