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Schlagwort-Archiv: Financial
‚Trader justice‘: Ex-SocGen trader fired for risky bets claims he was made a ’scapegoat‘
A former Societe Generale trader who was fired for unauthorized risky bets has lambasted the French bank for making him a „scapegoat.“
China’s automakers must adapt quickly or lose out on the EV boom in the face of regulatory scrutiny abroad and competition at home
Adoption of battery and hybrid-powered cars has surged in China, but an onslaught of new models has fueled a price war, while regulatory scrutiny grows abroad.
We’re raising our price target on Apple after its big earnings beat and raise
The consumer tech giant is as strong as ever, and we see positive catalysts ahead.
Coinbase reports first-quarter revenue beat after bitcoin rally leads to surge in profit
Coinbase’s quarterly results follow a big jump in the price of bitcoin from a year earlier, though the rally has stalled of late.
Amgen scraps experimental weight loss pill, moves forward with injection
Amgen is among several drugmakers racing to join the red-hot weight loss drug space dominated by Novo Nordisk and Eli Lilly.
Block shares jump on better-than-expected first-quarter results
Block’s earnings report comes during a slide in the stock price tied to reports that U.S. prosecutors were probing the company’s compliance practices.
Apple announces largest-ever $110 billion share buyback as iPhone sales drop 10%
Apple CEO Tim Cook told CNBC that quarterly sales suffered from a difficult comparison to the year-earlier period.
Exxon Mobil reaches agreement with FTC, poised to close $60 billion Pioneer deal
The FTC will not block the deal now that the regulator and Exxon have reached a consent agreement, according to a source familiar with the matter.
Here’s what changed in the new Fed statement
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in March.