The Italian lender is making a takeover bid for German rival Commerzbank, despite pushback in Germany.
HSBC first-quarter pre-tax profit misses estimates on higher expected credit losses
Europe’s largest lender HSBC on Tuesday reported first-quarter pre-tax profit of $9.4 billion, marginally missing analysts’ estimates.
Stocks making the biggest moves after hours: Palantir, Pinterest, Duolingo, Paramount Skydance & more
See which stocks are posting big moves after the bell.
Traders are doubtful Cohen’s GameStop can pull off monster eBay acquisition
Traders on Kalshi and Polymarket give the company just a 25% and 15% chance, respectively, of successfully buying the online marketplace.
Kalshi traders see April jobs report coming in better than economists’ estimates
The figure is higher than consensus estimates for 57,000 jobs gained in April, according to analysts polled by FactSet.
Traffic in the Strait of Hormuz won’t return to normal until August or later, according to Kalshi traders
With a lack of a breakthrough in negotiations between the U.S. and Iran, traders increasingly see traffic returning to normal later and later.
Anthropic teams with Goldman, Blackstone and others on $1.5 billion AI venture targeting PE-owned firms
The move marks Anthropic’s latest effort to deepen its lead in the market for enterprise AI as competition intensifies with rivals including OpenAI
Stocks making the biggest moves midday: Berkshire, AMD, Circle, FedEx, UPS & more
These are some of the stocks posting the largest moves in midday trading.
Berkshire shares trade higher as Buffett successor Abel scores good marks at meeting, earnings jump
Many in the investment community were reassured by Abel’s firm grasp over Berkshire’s sprawling enterprise.
Stocks making the biggest moves premarket: eBay, Norwegian Cruise Line, Coinbase & more
These are some of the stocks posting the largest moves premarket.