April’s consumer price index showed an 8.3% jump, higher than the 8.1% increase expected by economists polled by Dow Jones.
Schlagwort-Archiv: CNBC
Roblox shares sink on disappointing revenue and wider-than-expected loss
Roblox soared in popularity during the pandemic, but the hype has since cooled.
SoFi stock falls after fintech firm accidentally releases first-quarter report early
SoFi blamed the early release of its results on human error, according to CNBC’s Kate Rooney.
Goldman Sachs is shrinking its SPAC business amid regulatory crackdown and market turmoil
Goldman is scaling back its business in SPACs as blank check deals got caught in a double whammy of a regulatory crackdown and a tough market environment.
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.
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.