The Bank of England is expected to opt for a fourth consecutive interest rate hike on Thursday, but economists fear it is entering increasingly choppy waters.
Schlagwort-Archiv: CNBC
India’s largest-ever IPO will test foreign investor appetite
Trusted by millions and with enormous reach across the country, the LIC is second only to bank deposits as a haven of savings in India.
Moderna blows out first-quarter earnings expectations, triples Covid vaccine sales
Moderna’s first-quarter vaccine sales more than tripled over the same period last year, when it reported $1.7 billion in sales.
Uber reports surging revenue as drivers return, but posts massive loss on investments
Uber expects to keep drivers without „significant incremental incentive investments.“
Yum Brands earnings miss estimates as China weighs on KFC, Pizza Hut sales
Taco Bell was the only chain in Yum’s portfolio to report better-than-expected same-store sales growth.
CVS raises forecast for year, as first-quarter earnings top expectations
CVS Health beat expectations for earnings and raised its guidance for the year, as it saw demand for prescriptions and more, as demand for Covid testing fell.
Starbucks suspends its outlook as Covid lockdowns hammer sales in China
It’s Howard Schultz’s first earnings report since taking back the top job at Starbucks in early April.
Paul Tudor Jones says he can’t think of a worse financial environment for stocks or bonds right now
Paul Tudor Jones said the environment for investors is worse than ever as the Fed is raising rates when financial conditions have become increasingly tight.
Russia races to avert historic default as bondholders wait for dollar payments
Russia looks set to meet another deadline for debt payments on Wednesday after tapping its domestic foreign currency reserves to avert a historic sovereign default.
Stocks making the biggest moves in the premarket: Paramount Global, Logitech, Chegg and more
The stocks making the biggest moves in premarket trading include Paramount Global, Logitech, Chegg and more.