Ferrari’s EBIT profit margin, a widely-watched figure, increased a full percentage point to 26.9%.
Schlagwort-Archiv: CNBC
Peloton shares plunge after company reports wider-than-expected loss
Peloton reported subscription growth despite its ninth straight quarter of losses.
Stocks making the biggest moves premarket: Starbucks, AMD, Pearson, PacWest & more
These are the stocks posting the largest moves in premarket trading.
Here’s what to expect from today’s Federal Reserve announcement
Where the intrigue comes in is how the central bank proceeds from here.
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.