U.K. inflation remained stubbornly in double digits in March, driven largely by soaring food prices, as the country’s cost-of-living crisis showed little sign of abating.
Schlagwort-Archiv: Markets
Stocks making the biggest moves after hours: Tesla, Las Vegas Sands, IBM and more
These are the stocks posting the largest moves in extended trading.
Stocks making the biggest moves midday: Rivian, Western Alliance, Peloton and more
Regional bank stocks gained on Wednesday. Western Alliance led the pack, with its shares jumping 18% after it said deposits have been rebounding in April.
Tesla net income and earnings drop more than 20% from last year
Tesla specified in a shareholder deck that „underutilization of new factories“ stressed margins, contributing to the drop in earnings from last year.
IBM earnings top estimates as margins expand
IBM missed on revenue, but reduced expenses contributed to better-than-expected profit
Abbott Labs shares pop as revenue, earnings defy steep drop in Covid test sales
Abbott Laboratories said Covid-related headwinds may actually be easing.
Robo-advisor Betterment settles tax charges with SEC for $9 million
The SEC alleged failures related to Betterment’s tax-loss harvesting service lost money for about 25,000 clients.
Stocks making the biggest moves premarket: United Airlines, Netflix, Morgan Stanley and more
These are the stocks posting the largest moves in premarket trading.
Morgan Stanley shares fall after reporting rising expenses and declining revenue
Morgan Stanley gets most of its revenue from wealth and investment management, steadier businesses that helped offset volatile trading and advisory results.
‚We should be worried‘: Finance leaders warn rising interest rates are squeezing low-income countries
Leaders of several global financial bodies warned that rising interest rates are increasing pressure on low-income developing countries.