The movie theater chain’s stock tumbled more than 10% on Wednesday. It’s now less than half of its all-time high of $72.62 in early June.
Schlagwort-Archiv: CNBC
Investment in space companies hit record $4.5 billion in the second quarter, report says
Private investment in space companies hit $4.5 billion in the second quarter, according to a report by New York-based firm Space Capital.
The junk bond market is on fire this year as yields hit a record low
Yields in the $10.6 trillion space for the lowest-grade bonds in terms of quality are at historic lows after a tumultuous year.
Watch Fed Chair Powell speak live to Senate banking panel on the economy and policy
Federal Reserve Chairman Jerome Powell appears Thursday before the Senate Banking Committee.
China’s share of global bitcoin mining plunges while Kazakhstan climbs to third place
Cambridge University research shows China accounted for less than half of the power used to mine bitcoin in April, down sharply from 75.5% in September 2019.
Stocks making the biggest moves premarket: Morgan Stanley, AIG, AMC, UnitedHealth and others
These are the stocks posting the largest moves before the bell.
Morgan Stanley earnings beat estimates as stock trading and investment banking top expectations
Morgan Stanley’s equities trading produced $2.83 billion in revenue, more than $400 million over what analysts had expected.
Digital bank Revolut valued at $33 billion in funding round led by SoftBank and Tiger Global
British fintech firm Revolut said it has raised $800 million in a new funding round led by SoftBank and Tiger Global.
Morgan Stanley earnings beat estimates as stock trading and investment banking top expectations
Morgan Stanley’s equities trading produced $2.83 billion in revenue, more than $400 million over what analysts had expected.
Goldman CEO David Solomon says China’s crackdown on tech companies will delay many U.S. listings
As head of the premier global Wall Street firm, Solomon will have to navigate the increasingly fraught relationship between China and its tech sector.