PNC Financial’s Amanda Agati lists stretched market valuations, Fed taper chatter and the end of stimulus checks as troubling forces in the market.
Schlagwort-Archiv: CNBC
Lululemon first-quarter sales rise 88%, topping estimates, as store traffic rebounds
Lululemon on Thursday reported fiscal first-quarter revenue that soared 88%, topping analysts‘ estimates, as shopper traffic steadily rebounded to its stores.
Space debris tracker LeoLabs raises $65 million as satellites launch to orbit at unprecedented rate
LeoLabs, a private venture that tracks objects and debris in orbit through a network of radars, raised $65 million in capital in new fundraising round.
Mudrick Capital may have missed out on more than $300 million by dumping AMC a day early
Mudrick Capital reportedly flipped 8.5 million shares of AMC on Tuesday, but the investment firm could have made a lot more money if it held onto them.
Axiom Space expands SpaceX private crew launch deal, with four total missions to the space station
Axiom Space added crewed flights to the International Space Station through SpaceX, bringing its total planned missions through Elon Musk’s company to four.
Jack Ma’s Ant Group gets nod to operate consumer finance firm, a key step in fixing regulatory issues
Ant Group will hold a 50% stake in the new entity with six other shareholders having the remaining 50%.
Stocks making the biggest moves in the premarket: AMC, BlackBerry, Express, FireEye & more
The stocks making the biggest moves in premarket trading include AMC Entertainment, BlackBerry, Express, FireEye, and more.
Many cryptocurrency firms are not meeting money laundering rules, UK watchdog warns
The U.K. Financial Conduct Authority warned that a „significantly high“ number of cryptocurrency firms are failing to meet U.K. money laundering rules.
Russia’s top digital bank wants to offer crypto — but tough central bank policy stands in its way
The CEO of Russian online bank Tinkoff said qualified investors want to invest in crypto but his company isn’t able to offer those services.
Tesla recalls hundreds of Model 3 cars that were shipped to China
The recall affects 734 vehicles produced in 2019, according to China’s market regulator, which cited a recall plan that Tesla filed.