UBS on Tuesday announced that Credit Suisse CEO Ulrich Koerner will join the executive board of the new joint entity once its emergency purchase of the stricken bank completes.
Schlagwort-Archiv: CNBC
A.I. trade is leaving investors vulnerable to painful losses: Evercore
Evercore ISI’s Julian Emanuel warns Big Tech concentration in the S&P 500 is at extreme levels.
Stocks making the biggest moves after hours: Lucid, Palantir, PayPal and more
These are the stocks posting the largest moves in extended trading.
Stocks making the biggest moves midday: Berkshire Hathaway, Catalent, Tyson Foods, Zscaler and more
These are the stocks posting the largest moves in midday trading.
Novavax surges after company unveils job cuts, positive vaccine data
Novavax still reported bleak first-quarter earnings and revenue that missed Wall Street’s estimates.
Nikola exits European joint venture to focus on hydrogen trucks in North America
Nikola produced 63 battery-electric trucks and delivered 31 to dealers in the quarter. Its dealers sold 33 trucks to end customers during the period.
Fisker cuts production guidance for Ocean EV after last-minute snags
CEO Henrik Fisker told CNBC that the company expects regulatory approval to begin deliveries of the Ocean in the U.S. before the end of May.
Nintendo Switch sales plunge 22% and the gaming giant expects further declines
Nintendo sold 17.97 million units of its flagship Nintendo Switch console series, a 22% year-on-year decline.
Oil giant Saudi Aramco posts 19% drop in first-quarter profit
Saudi state oil giant Aramco on Tuesday reported a 19% drop in its first-quarter earnings.
Berkshire Hathaway shares rise as investors cheer earnings beat and Geico’s quick turnaround
Berkshire Hathaway rose Monday as Warren Buffett’s conglomerate won over investors with strong earnings and an insightful weekend „Woodstock for Capitalists.“