These are the stocks posting the largest moves in extended trading.
Schlagwort-Archiv: CNBC
No exit ramp for Fed’s Powell until he creates a recession, economist says
The U.S. Federal Reserve is likely to hike interest rates to at least 6.5% if the economy does not enter a mid-year recession, according to TS Lombard Chief U.S. Economist Steven Blitz.
China plans to revamp finance, tech oversight
China plans to overhaul its financial regulatory system by consolidating aspects of the central bank and securities regulator under a new entity.
BlackRock says the Federal Reserve could hike interest rates to a peak of 6%
BlackRock’s chief investment officer of global fixed income Rick Rieder wrote in response to Fed Chair Jerome Powell’s testimony before a Senate committee.
One of Europe’s biggest banks is quickly rotating job roles to help women get to the top
The finance industry needs to be faster at getting women into management positions, according to Santander Executive Chair Ana Botin.
Warren Buffett’s Berkshire Hathaway buys more Occidental Petroleum shares
Warren Buffett’s Berkshire Hathaway added to its already large Occidental Petroleum stake over the past trading sessions.
Adidas warns of first annual loss in three decades and cuts dividend after Ye split
Adidas on Wednesday reported a substantial fourth-quarter loss and slashed its dividend, following the costly termination of its partnership with Kanye West’s Yeezy brand in October.
Singapore’s Sea Group turns profitable for the first time
Tech giant Sea posted a quarterly profit for the first time as the company pledged to move towards profitability last quarter.
BlackRock says European companies are showing ’surprise resilience‘ — and better value than the U.S.
European corporate earnings were surprisingly resilient in the fourth quarter of 2022, and the continent’s stock outperformance of the U.S. looks set to continue, according to BlackRock.
Stocks making the biggest premarket moves: Meta, Rivian, WW International, KeyCorp and more
These are the stocks posting the largest moves in the premarket.