The high-end department store reaffirmed its full-year outlook and posted a surprise profit on an adjusted basis.
Schlagwort-Archiv: CNBC
Stocks making the biggest moves premarket: Advance Auto Parts, SoFi, Twilio and more
These are the stocks posting the largest moves in premarket trading.
ECB’s de Guindos warns financial markets are vulnerable to a sharp sell-off
The European Central Bank’s May Financial Stability Review warned that the euro area’s stability outlook remains fragile.
British digital bank Monzo hits monthly profitability for the first time after spike in lending
Monzo’s bump in revenues was driven by a spike in lending activity, with net interest income increasing 382% to £164.2 million.
Dimon calls for Washington-Beijing engagement in first China visit since 2021 controversy
JPMorgan Chase & Co CEO Jamie Dimon on Wednesday called for „real engagement“ between policymakers in Washington and Beijing.
Very few U.S.-China flights are back despite the end of Covid
In contrast, flights between the Middle East and mainland China have picked up significantly.
Advance Auto Parts shares plummet 30% after dismal results, cuts to outlook and dividend
The auto parts supplier blamed its Q1 results on higher-than-expected costs, inflationary pressure, supply chain problems and lower, unfavorable product mix.
British digital bank Monzo hits monthly profitability for the first time after spike in lending
Monzo’s bump in revenues was driven by a spike in lending activity, with net interest income increasing 382% to £164.2 million.
Stocks making the biggest premarket moves: ChargePoint, Ford, Nvidia, Tesla and more
These are the stocks posting some of the largest moves in the premarket Tuesday.
Chinese consumers won’t return to pre-Covid spending soon — a problem for Starbucks, Morgan Stanley says
Consumer brands such as Starbucks face a Chinese market recovering slowly from the pandemic and filled with local competitors, Morgan Stanley analysts said.