Category: Finance News

For Morgan Stanley and others, the cuts show Wall Street is wrangling with a slump that’s dragging on for longer than expected

Chegg beat first-quarter expectations on the top and bottom lines, but issued a weak second-quarter revenue outlook.

Vijay Ayyar, Luno’s vice president of corporate development and international, resigned from the firm after seven years working there.

These are the stocks posting the largest moves in the premarket.

New data from the Internal Revenue Service shows the Covid-19 pandemic doubled the flight of the wealthy out of New York and California in 2021. CNBC’s Robert Frank joins ‘Squawk Box’ to report on the great income migration.

JPMorgan Chase CEO Jamie Dimon’s assertion that turmoil in the banking sector was effectively ended by the resolution of First Republic may be premature, one analyst has suggested.

With limited upside from these levels, CEO Piyush Gupta said he expects the pace of decline will be very gradual and not “falling off a cliff.”

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

Pros on CNBC discuss JPMorgan Chase after it acquires First Republic Bank.

Crypto fell to start May as investors bet the takeover of First Republic Bank could put an end to the financial crisis.