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Financial News Around the World

Category: Finance News

Marvell Technology shares surge after earnings beat. Here’s how to play it

Pros on CNBC discussed Marvell Technology as the stock surged after Q1 earnings beats.

Published 26 May 2023
Categorised as Finance News

JPMorgan Chase cut about 500 technology and operations jobs this week, sources say

Like many financial firms, JPMorgan periodically trims staff during the year, even as it hires thousands more workers to fill roles.

Published 26 May 2023
Categorised as Finance News

Stocks making the biggest moves midday: Ford, Marvell Technology, Paramount, Gap and more

These are the stocks posting the largest moves midday.

Published 26 May 2023
Categorised as Finance News

Paramount pops after Buffett’s favorite banker makes ‘interesting’ bet in media giant’s key shareholder

Paramount Global shares jumped after an investor known as Warren Buffett’s favorite banker piled into the media company’s controlling shareholder.

Published 26 May 2023
Categorised as Finance News

30-year-old started his business with a website, sewing kit and Pizza Hut salary—now he’s a billionaire

When Ben Francis co-launched Gymshark from his parents’ garage, he was 19, worked for Pizza Hut and didn’t know how to sew. Here’s how he became a billionaire.

Published 26 May 2023
Categorised as Finance News

Thanks to ‘vesting’ schedules, it can take up to 6 years for workers to own their 401(k) match

“Vesting” rules set by an employer dictate how soon a worker can leave a company and take their full match with them.

Published 26 May 2023
Categorised as Finance News

Inflation rose 0.4% in April and 4.7% from a year ago, according to key gauge for the Fed

The core personal consumption expenditures price index was expected to increase 0.3% in April, according to a Dow Jones estimate.

Published 26 May 2023
Categorised as Finance News

Stocks making the biggest moves premarket: Marvell Technology, Gap, RH & more

These are the stocks posting the largest moves in early trading.

Published 26 May 2023
Categorised as Finance News

Fintech firm Klarna halves net loss in first quarter as it races toward profitability

The results show that Klarna is making “significant strides” toward profitability on a monthly basis by the second half of 2023, the firm said.

Published 26 May 2023
Categorised as Finance News

A U.S. recession would be ‘good news’ for markets, strategist says

A U.S. recession may prevent a steep market downturn in the second half of 2023, according to Michael Yoshikami, founder and CEO of Destination Wealth Management.

Published 26 May 2023
Categorised as Finance News

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