Federal Reserve Chair Jerome Powell speaks Tuesday to the annual general meeting of the Foreign Bankers‘ Association in Amsterdam.
Schlagwort-Archiv: Financial
Palo Alto nears a key test that could break it out of Wall Street’s penalty box
In separate research notes, Barclays and Morgan Stanley shared three reasons that a rebound is underway for Palo Alto.
GameStop mentions surge on Reddit, surpassing Nvidia
GameStop was mentioned in posts on the WallStreetBets Reddit forum more than 1,200 times over the last seven days, with more than 1,000 coming on Monday alone.
AMC completes $250 million stock sale during meme rally, shares jump 90%
On Monday, movie theater operator AMC sold 72.5 million shares in an at-the-market equity offering.
Fintech firm Klarna says 90% of its employees are using generative AI daily
„Buy now, pay later“ firm Klarna says generative AI has seen substantially high adoption among its 5,000-strong workforce.
Freetrade, Britain’s answer to Robinhood, says its CEO is stepping down
British stockbrokerage platform Freetrade told CNBC exclusively Monday that its long-time CEO Adam Dodds has stepped down.
Alibaba shares fall 5% in premarket trading after posting 86% profit drop
Alibaba posted a beat on revenue in its fiscal fourth quater ended March, but the Chinese e-commerce giant’s net profit plunged.
Home Depot misses on revenue, as high interest rates hurt sales
Home Depot reported first-quarter earnings as it tries to grow sales with home professionals in a tough housing market.
Tencent posts fastest profit growth in 3 years as online ads, business services offset slower gaming
Tencent saw slightly better performance in its core gaming business as well as improved profitability in its advertising and business services division.
Sony reports 7% drop in annual profit as PlayStation 5 sales miss trimmed target
Sony on Tuesday reported a 7% drop in annual profits in the fiscal year 2023, logging its first drop in annual profits since 2020.