China’s biggest chipmaker SMIC posted record revenue in 2022, despite ongoing U.S. sanctions, but warned of a more difficult year ahead.
Schlagwort-Archiv: CNBC
Lyft shares tank 30% after company issues weak guidance
Lyft shares fell more than 20% during after hours trading after issuing weak guidance in its earnings report on Thursday.
Tether records surprise profit as stablecoin giant aims to put reserve controversy behind it
Tether on Thursday said it generated $700 million of profit in the December quarter, which the firm has used to boost its reserves.
Solar tech company Nextracker prices above range at $24 a share in good sign for IPO market
The Nextracker initial public offering, which had sought to raise up to $535 million, is the biggest U.S. listing since October.
Stocks making the biggest premarket moves: Tapestry, Credit Suisse, Disney and more
These are the stocks posting the largest moves in the premarket.
Credit Suisse posts massive annual loss, CEO describes results as ‚completely unacceptable‘
Credit Suisse on Thursday reported a fourth-quarter net loss of 1.4 billion Swiss francs, as it carried out its strategic overhaul.
Pressure on China’s factories grows as U.S. demand falls
All the factories that U.S. toy company Basic Fun works with in China told workers not to return right after the Lunar New Year holiday, said CEO Jay Foreman.
Solar tech company Nextracker prices above range at $24 a share in good sign for IPO market
The Nextracker initial public offering, which had sought to raise up to $535 million, is the biggest U.S. listing since October.
Stocks making the biggest moves after hours: Disney, Mattel, Wynn Resorts, Affirm and more
These are the stocks posting the largest moves in extended trading.
PepsiCo earnings beat expectations as price hikes boost snack and beverage sales
PepsiCo saw volume fall 2% across its food business as price hikes hurt demand even as they buoyed revenue.