Wells Fargo for years didn’t honor fee agreements between some financial advisors and their clients, the SEC said Friday.
Schlagwort-Archiv: CNBC
Fed Chair Powell calls inflation ‚too high‘ and warns that ‚we are prepared to raise rates further‘
Federal Chair Jerome Powell called for more vigilance in the fight against inflation, warning that additional interest rate increases could be yet to come.
Stocks making the biggest moves premarket: Marvell Technology, Affirm, Hawaiian Electric and more
These are the stocks posting the largest moves before the bell.
China’s EV slowdown drags down Nvidia’s ’next billion-dollar business‘
Chipmaker Nvidia this week soundly beat analysts‘ expectations for major revenue lines — except in automotive — as Chinese demand for electric cars moderates.
Powell’s pivotal speech Friday could see a marked shift from what he’s done in the past
Many expect the central bank leader to change his stance so that he hits the ball pretty much down the middle.
Stocks making the biggest moves after hours: Affirm, Gap, Marvell and more
These are the stocks posting the largest moves in extended trading on Thursday.
31% of investors are OK with using artificial intelligence as their advisor
Nearly 1 in 3 investors are comfortable implementing financial advice from a generative AI program without verifying it first, a CFP Board poll found.
Shares of China’s food delivery leader Meituan fall more than 5% on weaker Q3 outlook
Meituan shares fell 5% Friday after CEO Wang Xing warned of a food delivery slowdown in the third quarter during the firm’s latest earnings call on Thursday.
Gap reports another period of declining sales across all brands, warns of ‚uncertain consumer‘
Gap reported mixed results on Thursday and underwhelming current-quarter guidance.
Nordstrom tops Wall Street’s quarterly expectations, even as it braces for sales declines
The department store retailer stuck by its forecast for the full year, despite better-than-expected results.