Shares of Upstart plummeted Tuesday after the consumer lending platform cut its full-year revenue outlook.
Schlagwort-Archiv: CNBC
Visa’s top crypto executive Terry Angelos leaves for Softbank-backed brokerage start-up DriveWealth
Visa’s global head of fintech and crypto will take over as chief executive officer of start-up DriveWealth next week, CNBC has learned.
Stocks making the biggest moves in the premarket: Peloton, Novavax, Vroom and more
The stocks making the biggest moves in premarket trading include Peloton, Novavax, Vroom, and more.
Bitcoin investors are panicking as a controversial crypto experiment unravels
Investors in bitcoin are in panic mode as the controversial terraUSD stablecoin slips further from its intended $1 peg.
More U.S. companies in China cut forecasts, scale back investments as Covid persists
Between late March and late April, the share of respondents reporting an impact from Covid controls rose to 58% from 54%, an AmCham China survey found.
Peloton shares fall after company posts huge loss and offers weak guidance
Peloton reported a wider-than-expected quarterly loss and a steep decline in sales, as inventory piled up in warehouses and ate away at the company’s cash.
A.I. lender Upstart shares plummet more than 50% after company cuts full-year revenue forecast
Shares of Upstart plummeted Tuesday after the consumer lending platform cut its full-year revenue outlook.
Novavax posts first profitable quarter as Covid vaccine rolls out around the world
Novavax reported net income of $203 million in the first quarter, compared to a net loss of $222.7 million the same period last year.
AMC shares rise after results outpace Wall Street expectations
AMC Entertainment posted a narrower-than-expected loss during the first quarter.
Fed’s Neel Kashkari confident inflation can come down, but not without some pain
Minneapolis Federal Reserve President Neel Kashkari said Monday he’s confident inflation will come back to normal, though it’s taking longer than he expected.