The bank said the improving U.S. economic outlook drove its decision to release money set aside for loan losses.
Schlagwort-Archiv: CNBC
Earnings season starts with sky-high stock prices and soaring expectations
On paper, second-quarter earnings season looks like the mother of all earnings reports, with estimates having risen steadily for the past six months.
PepsiCo raises forecast after earnings crush estimates, fueled by returning restaurant demand
PepsiCo reported that its quarterly revenue rose more than 20% from a year earlier as restaurant demand for its drinks returned, fueling an earnings beat.
TPG’s Jim Coulter says Tesla is the AOL of electric vehicles, but won’t necessarily end the same way
TPG’s Executive Chairman Jim Coulter spoke to Leslie Picker on impact investing and the role of private capital in mitigating climate-change risks.
Virgin Galactic falls after it gets set to sell $500 million in stock following Branson’s successful flight
Shares of Virgin Galactic slipped on Monday after the company filed to sell up to $500 million in common stock.
ByteDance reportedly scrapped a planned IPO after meeting with Chinese officials
ByteDance was considering an IPO of all or some of its businesses in the U.S. or Hong Kong, the Wall Street Journal reported on Monday.
Don’t count on another unemployment benefits tax break. Here’s what you need to know
The American Rescue Plan waived federal tax on up to $10,200 of unemployment benefits people collected in 2020. They may not get a tax break this year.
Stocks making the biggest moves in the premarket: Virgin Galactic, Cheesecake Factory, JPMorgan and more
Check out the companies making headlines in premarket trading.
For SPACs, one characteristic seems to determine the investing winners from losers
The biggest make-or-break factor of a SPAC’s stock performance post-merger was the sponsor’s related experience, or lack thereof, according to Wolfe Research.
Wall Street’s top analysts have turned more bullish on these stocks
TipRanks analyst ranking service pinpoints Wall Street’s best-performing stocks, like Facebook & Advanced Micro Devices