JPMorgan’s Marko Kolanovic warns 2023’s market rally will collapse. The Institutional Investor top-rated strategist cut his exposure to underweight this month.
Schlagwort-Archiv: CNBC
BlockFi secret financials show a $1.2 billion relationship with Sam Bankman-Fried’s crypto empire
Financial documents that were mistakenly uploaded from bankrupt crypto firm BlockFi show a $1.2 billion relationship with FTX and Alameda Research.
Stocks making the biggest moves after hours: Microsoft, Texas Instruments, Capital One & more
See which stocks are posting big moves after the bell.
Stocks making the biggest moves midday: 3M, Paccar, Bed Bath & Beyond, AMD and more
These are the stocks posting the biggest moves during midday trading.
Uber Freight cuts 150 jobs, about 3% of the unit’s head count
Uber Freight laid off 150 employees on Monday, the first such cuts to hit any part of Uber since the onset of Covid in 2020.
Boeing posts quarterly loss as labor and supply strains overshadow increase in jet demand
Boeing’s orders and deliveries rose last year as travel rebounded.
Semiconductor giant ASML sees 2023 sales surge; says China revenue to be steady despite U.S. chip restrictions
Dutch chip equipment maker ASML forecast a 25% jump in 2023 revenue as the semiconductor industry forecasts a recovery in the second half of this year.
Microsoft offers lackluster guidance, says new business growth slowed in December
Microsoft saw slower Azure growth and device execution challenges in a quarter where it took a $1.2 billion charge, mainly for cutting 10,000 jobs.
Jeff Ubben speaks with Salesforce CEO as more activists target the software giant
Jeff Ubben’s Inclusive Capital has taken a position in Salesforce, according to sources, CNBC’s David Faber reported Monday.
Stocks making the biggest moves premarket: Bed Bath & Beyond, Verizon, Lululemon and more
These are the stocks posting the biggest moves in early trading.