Credit Suisse rebounded slightly from Wednesday’s drop, while PagerDuty popped on better-than-expected earnings.
Schlagwort-Archiv: Markets
Baidu shares drop to 8-week lows after company reveals ChatGPT rival
Chinese tech company Baidu gave the public a peek Thursday at what its Chinese-language ChatGPT alternative can do, while warning of its imperfections.
‚The weakest links are cracking‘: Investors consider possible Credit Suisse contagion
Even before the shock collapse of two U.S. banks, Credit Suisse had faced a slew of problems, including money laundering charges and spying allegations.
Credit Suisse shares soar over 20% on Swiss National Bank loan announcement
Credit Suisse shares rose over 30% at the market open after the bank said that it will borrow up to $54 billion from the Swiss National Bank.
Adobe lifts profit forecast for fiscal 2023 and beats estimates on quarterly results
Growth in Adobe’s digital media business is driving higher profit expectations.
Financial shares fall as Credit Suisse becomes latest crisis for the sector
Wells Fargo, Citigroup and key regional bank stocks were among the names under pressure on Wednesday.
Stocks making the biggest moves premarket: Credit Suisse, Lennar, PacWest & more
Shares of Credit Suisse and several other European banks were halted from trading as prices plummeted.
Retail egg prices fell in February — but the price drop may not last long
The average retail price of eggs fell in February for the first time in months but may rise again as Easter approaches, experts said.
Credit Suisse shares tank over 30% after Saudi backer rules out further assistance
Shares of Credit Suisse hit a fresh all-time low for the second consecutive day as the bank’s biggest backer says it can’t provide more financial help.
Credit Suisse chair says SVB crisis looks contained, rejects talk of government assistance
On Friday, SVB was taken over by regulators after massive withdrawals a day earlier effectively created a bank run.