Where the intrigue comes in is how the central bank proceeds from here.
Schlagwort-Archiv: CNBC
After First Republic’s rescue, economists predict further pain with a ’new era‘ of higher inflation
Turmoil in the banking sector means central banks face in increasingly „delicate dance“ in their efforts to rein in inflation, World Economic Forum Managing Director Saadia Zahidi told CNBC.
Michael Milken says recent crisis is the same mistake banks have been making for decades
Famed investor Michael Milken said the current banking crisis stemmed from a classic asset-liability mismatch that had played out miserably time and again.
Stocks making the biggest moves after hours: Ford, Starbucks, Clorox and more
These are the stocks posting the largest moves in extended trading.
Ford posts stellar first quarter, boosted by fleet and legacy truck divisions
Ford is reporting its quarterly financial results by business unit, instead of by region, for the first time.
Starbucks earnings beat as China reverses same-store sales declines
Starbucks said its same-store sales climbed 11% in its fiscal second quarter.
AMD revenue drops 9% as PC chip sales decline sharply
AMD’s report comes as the PC industry is in a deep slump, with shipments dropping 30% in the first quarter, according to IDC.
Hindenburg Research goes after Carl Icahn in latest campaign for market-moving short seller
The Nathan Anderson-led firm took a short position against Icahn Enterprises, alleging „inflated“ asset valuations, among other reasons.
Wall Street is cutting more jobs as Morgan Stanley plans 3,000 layoffs
For Morgan Stanley and others, the cuts show Wall Street is wrangling with a slump that’s dragging on for longer than expected
Chegg shares drop more than 40% after company says ChatGPT is killing its business
Chegg beat first-quarter expectations on the top and bottom lines but issued a weak second-quarter revenue outlook.