This year’s stress test included JPMorgan Chase and Goldman Sachs, credit card companies including American Express and regional lenders such as Truist.
Schlagwort-Archiv: CNBC
Walgreens stock plunges as drugstore chain slashes profit guidance in ‚challenging‘ consumer environment
The results and guidance cut come as Walgreens works to slash costs by closing underperforming U.S. stores, among other measures.
H&M plunges 13% on doubts over full-year margin target, June sales outlook
Shares of H&M plunged more than 14% Thursday morning after the company reported a smaller-than-expected increase in second quarter profits.
Micron shares slide after revenue forecast fails to top estimates
Micron reported better-than-expected results on Wednesday, but the stock declined on a forecast that was only in line with estimates.
Levi’s shares drop 15% as jeans maker’s sales disappoint despite denim craze
Levi’s has been working to build out its own website and stores, and while the strategy has lifted profits, sales aren’t budging much.
Your 401(k) is up, and a new report shows increased savings. But Americans need to do more
Returns are up and people are saving more. But account balances for the median 401(k) are too low and Americans are still very reliant on Social Security.
Morgan Stanley wealth advisors are about to get an OpenAI-powered assistant to do their grunt work
The rollout will be a real-world test for the vaunted productivity gains of generative AI, which took the world by storm in late 2022.
China’s EV architect says investing in Europe is a way forward
Wan Gang became China’s minister of Science and Technology around 2010 and is known for spearheading the country’s early push into electric cars.
Your 401(k) is up, and a new report shows increased savings. But Americans need to do more
Returns are up and people are saving more. But account balances for the median 401(k) are too low and Americans are still very reliant on Social Security.
Europe is at risk of over-restricting AI and falling behind U.S. and China, Dutch prince says
Prince Constantijn of the Netherlands told CNBC Europe risks limiting its role in artificial intelligence to being a regulator, rather than an innovator.