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Banking

“Credit Suisse shares tank after Saudi backer rules out further assistance”

March 15, 2023

“Shares of Credit Suisse on Wednesday plunged to a fresh all-time low for the second consecutive day after a top investor in the embattled Swiss bank said it would not be able to provide any more cash due to regulatory… Continue Reading…

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Business, Stocks

“Rolls-Royce shares soar by 23% after annual results crush expectations”

February 23, 2023

“Shares of London-listed aviation manufacturer Rolls-Royce soared Thursday, after the company sharply beat expectations with a 57% year-on-year increase in underlying profit, driven by its civil aerospace and power systems. Its stock was up by 23% at roughly 1:30 p.m.… Continue Reading…

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Stocks

“Nvidia shares up 12% on earnings and bullish outlook on A.I.”

February 23, 2023

“Nvidia shares opened up over 12% Thursday morning, a day after the chipmaker reported a beat on the top and bottom line. Analysts are also bullish on the company’s A.I. vision. Nvidia reported $6.05 billion in revenue for the fiscal… Continue Reading…

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Business

“Most Adani shares continue bloodbath as Asia’s richest man loses $28 billion in a month”

January 30, 2023

“Founder Gautam Adani, the richest man in Asia and once second only to Elon Musk, fell out of the world’s top five richest to seventh place on the Bloomberg’s Billionaire Index. His net worth fell $27.9 billion year-to-date, the index… Continue Reading…

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Economy

“Chevron annual profit doubles to record $36.5 billion, but fourth-quarter miss hits shares”

January 27, 2023

“Chevron on Friday posted a record $36.5 billion profit for 2022 that was more than double year-earlier earnings, but the bottom line fell shy of Wall Street estimates, undercut by asset writedowns and rising costs. The second-largest U.S. oil producer’s… Continue Reading…

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Business, Stocks

“Disney shares rise after Iger replaces Chapek as CEO”

November 21, 2022

“Shares of Disney popped Monday, the morning after the company announced it had replaced CEO Bob Chapek with Bob Iger. Disney’s stock rose more than 7% on Monday. As of Friday’s close, the company’s shares had fallen about 40% so far this year.… Continue Reading…

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Stocks

“Carvana shares jump more than 30% from record lows”

November 10, 2022

“Shares of Carvana jumped by as much as 32% Thursday morning – representing a small, yet notable, increase after a week of significant declines for the used car retailer. The stock hit $10 a share during early trading but has given back… Continue Reading…

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Stocks

“Twilio shares plunge 34% on light guidance”

November 4, 2022

“Twilio shares fell about 34% on Friday morning, a day after the cloud communications software maker announced third-quarter results that gave a soft revenue outlook. Here’s how the company did: With respect to guidance, Twilio is calling for a fourth-quarter adjusted net loss… Continue Reading…

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Stocks

“Tesla shares dip after third-quarter production and deliveries report”

October 3, 2022

“Shares of Tesla slid about 7% early Monday after the electric vehicle maker released third-quarter production and delivery numbers on Sunday that fell short of analysts’ estimates.  Tesla reported 343,000 total deliveries and 365,000 vehicles produced during the quarter, which missed analysts’ expectations of… Continue Reading…

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Stocks

“Shares of Dollar Tree fall after company cuts guidance, citing investments in competitive pricing”

August 25, 2022

“Shares of Dollar Tree fell Thursday after the company cut its financial outlook for the year, citing its investments in offering more competitive prices at its Family Dollar stores… For the second quarter, Dollar Tree said it earned $1.60 per… Continue Reading…

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