Surging Covid infections make it harder for China to achieve zero-Covid without reverting to a harsh lockdown, Macquarie’s Chief China Economist Larry Hu said.
Schlagwort-Archiv: CNBC
HP laying off 4,000-6,000 employees globally over the next three years
HP shares moved higher after management announced another wave of job cuts, which come as the company faces steeper revenue declines in PCs and printers.
Best Buy shares surge after retailer sticks with its holiday-quarter outlook
Best Buy raised its full-year forecast to reflect its better-than-expected quarterly results.
Singapore’s PropertyGuru slips back into the red with $5.3 million net loss for the third quarter
„Even with short term macro headwinds, we remain bullish on the long term prospects for PropertyGuru,“ said Joe Dische, the group’s CFO.
Best Buy sticks to holiday-quarter outlook as electronics demand holds up
Best Buy raised its full-year forecast to reflect its better-than-expected quarterly results.
Shares of Indonesia’s GoTo fall 6% as nine-month loss swells
GoTo said on-demand services, including ride hailing and food delivery, achieved positive contribution margin in September, „several months ahead of schedule.“
Zoom shares drop on light forecast as company faces ‚heightened deal scrutiny‘
Far from its heady days of 300% growth during the pandemic, Zoom’s expansion is mired in the single digits and the company faces headwinds as the economy slows.
‚We’re alive and kicking‘: CEO of banking app Dave wants to dispel doubts after this year’s 97% stock plunge
Few companies embody fintech’s rise and fall as much as Dave, one of a new breed of digital banking providers taking on the likes of JPMorgan Chase.
‚We’re alive and kicking‘: CEO of banking app Dave wants to dispel doubts after this year’s 97% stock plunge
Few companies embody fintech’s rise and fall as much as Dave, one of a new breed of digital banking providers taking on the likes of JPMorgan Chase.
Sam Bankman-Fried tries to broker FTX bailout from his home in the Bahamas, despite being booted from the crypto company
Sam Bankman-Fried is hunkered down in an upscale neighborhood of Nassau, still scrambling to raise billions to plug a hole in now-bankrupt FTX.