Wall Street is grappling with steep declines in capital markets activity as IPOs slowed to a crawl and the pace of acquisitions fell.
Schlagwort-Archiv: CNBC
From inflation to war, here are the 4 big factors impacting markets and the economy right now
Advisors at the Future Proof wealth conference in California this week offered their takes on four factors influencing the economy and markets of late.
China’s tourism revenue came in at 60% of pre-Covid levels this holiday weekend
National tourism revenue for the latest long-weekend holiday reached only 60.6% of 2019 levels, according to China‘ Ministry of Culture and Tourism.
Goldman Sachs to kick off Wall Street layoff season with hundreds of job cuts this month
The bank is reinstating a tradition of annual employee culls targeting between 1% and 5% of lower performers in positions across the firm.
Inflation ‚collapse‘ will launch powerful market rally, Credit Suisse predicts
Credit Suisse expects the Federal Reserve to pause interest rate hikes in four to six months due to tumbling inflation.
Stocks making the biggest moves midday: Bristol-Myers Squibb, Twitter, Gilead Sciences and more
These are the stocks posting the largest moves midday.
Oracle reports 18% revenue growth after Cerner deal closes
Oracle said electronic health-record software maker Cerner contributed $1.4 billion to quarterly revenue.
Goldman’s Apple Card business has a surprising subprime problem
Goldman’s consumer business has had a bumpy ride as of late, marked by mounting losses, leadership turnover and missed product deadlines.
Stocks making the biggest moves premarket: Carvana, Bristol-Myers Squibb, Alphatec and more
These are the stocks posting the largest moves in premarket trading.
JPMorgan Chase acquires payments fintech Renovite to help it battle Stripe and Block
While JPMorgan is the world’s biggest provider of merchant services, fast-growing upstarts including Stripe and Block have been climbing the rankings.