U.K. inflation cooled significantly in June, coming in below consensus expectations at 7.9% annually.
Schlagwort-Archiv: Markets
Goldman Sachs misses on profit after hits from GreenSky, real estate
Costly write-downs and a continued Wall Street slump weighed on Goldman Sachs results this quarter.
Carvana shares jump more than 30% on deal to reduce debt by $1.2 billion
Carvana said the agreement will eliminate more than 83% of Carvana’s 2025 and 2027 unsecured note maturities and lower its required cash interest expense.
Critical chip firm ASML, caught in China export restrictions, posts 38% rise in profit
ASML said second-quarter net profit totaled 1.9 billion euros ($2.1 billion), marking a 37.6% year-on-year rise.
Twitter laid off most of its workers in Africa last year. They say they’ve been ignored and left without severance
Former Twitter employees in Ghana have been left without severance and have not heard from the company for three months, sources told CNBC.
Is Biden’s $39 billion student loan forgiveness action legal? ‚Be assured it’s going to stay,‘ says expert
The White House announced $39 billion of debt forgiveness for student loan borrowers Friday. The move would likely withstand legal scrutiny, said experts.
Stocks making the biggest moves premarket: Bank of America, Pinterest, Masimo & more
These are the stocks posting the largest moves premarket.
Morgan Stanley beats estimates on record wealth management revenue
Under CEO James Gorman, Morgan Stanley’s reliance on wealth management has helped its steady earnings and boosted its valuation relative to peers.
Henry Kissinger meets with China’s defense minister in Beijing
Henry Kissinger, a former U.S. secretary of State, met with China’s defense minister, Li Shangfu, in Beijing on Tuesday, the ministry said in a statement.
Morgan Stanley beats estimates on record wealth management revenue
Under CEO James Gorman, Morgan Stanley’s reliance on wealth management has helped its steady earnings and boosted its valuation relative to peers.