As of Monday, China’s Covid controls negatively affected 12.2% of national GDP, up from 9.5% a week ago, according to Nomura’s model.
Schlagwort-Archiv: CNBC
Adidas warns of big earnings hit after ending Ye partnership
Adidas on Wednesday cut its full-year guidance on the back of the German sportswear giant’s termination of its partnership with Kanye West’s Yeezy brand.
Roblox shares sink after reporting bigger loss than expected
Shares of Roblox fell in premarket trading Wednesday after the company reported a third-quarter loss but beat analyst estimates for revenue.
Disney misses on profit and key revenue segments, warns streaming growth could taper
Disney fell short of expectations for profit and key revenue segments during the fiscal fourth quarter Tuesday.
Electric vehicle maker Lucid reports third-quarter loss, confirms it’s on track to meet production guidance
The company said it’s still on track to make between 6,000 and 7,000 of its luxury sedans this year.
Novavax posts third quarter loss but beats revenue expectations
The Covid-19 vaccine maker reported a net loss of more than $169 million for the third quarter, compared to a loss of $322 million in the same period last year.
Take-Two stock tumbles after it cuts outlook
Take-Two’s slashed outlook comes as gaming is a fast cooling businesses after two years of elevated sales and engagement thanks to the Covid-19 pandemic.
Palantir stock falls after slight earnings miss
Shares of Palantir fell Monday after the company released third-quarter earnings that slightly missed analyst estimates for earnings but beat on revenue.
Stocks making the biggest moves in the premarket: BioNTech, Meta, Apple, Ouster and more
The stocks making the biggest moves in premarket trading include BioNTech, Meta, Apple, Ouster, and more.
A billionaire female financier on why your daughters should learn to play poker
Jenny Just made a fortune trading options. As a mom she learned teaching poker to her daughter could pay off in a world where gender remains a success barrier.