Monzo’s bump in revenues was driven by a spike in lending activity, with net interest income increasing 382% to £164.2 million.
Schlagwort-Archiv: Markets
Dimon calls for Washington-Beijing engagement in first China visit since 2021 controversy
JPMorgan Chase & Co CEO Jamie Dimon on Wednesday called for „real engagement“ between policymakers in Washington and Beijing.
Very few U.S.-China flights are back despite the end of Covid
In contrast, flights between the Middle East and mainland China have picked up significantly.
Advance Auto Parts shares plummet 30% after dismal results, cuts to outlook and dividend
The auto parts supplier blamed its Q1 results on higher-than-expected costs, inflationary pressure, supply chain problems and lower, unfavorable product mix.
British digital bank Monzo hits monthly profitability for the first time after spike in lending
Monzo’s bump in revenues was driven by a spike in lending activity, with net interest income increasing 382% to £164.2 million.
Stocks making the biggest premarket moves: ChargePoint, Ford, Nvidia, Tesla and more
These are the stocks posting some of the largest moves in the premarket Tuesday.
Chinese consumers won’t return to pre-Covid spending soon — a problem for Starbucks, Morgan Stanley says
Consumer brands such as Starbucks face a Chinese market recovering slowly from the pandemic and filled with local competitors, Morgan Stanley analysts said.
Major central banks were expected to pause rate hikes soon. Now it’s not so clear cut
Stronger-than-expected U.S. jobs figures and GDP data have highlighted a key risk to the Federal Reserve potentially taking its foot off the monetary brake.
TipRanks reveals the top 10 consumer goods sector analysts of the past decade
TipRanks‘ analyst ranking service ranks the top Wall Street firms of the past decade.
Consumers are starting to fire up China’s pandemic-battered economy, two ETF experts find
A bullish economic trend may be underway in China after a challenging reopening.