UBS estimates a financial hit of around $17 billion from its emergency takeover of Credit Suisse, according to a regulatory filing.
Category: Finance News
JPMorgan and Barclays back $4.5 billion insurance tech giant Wefox
Wefox maintained its $4.5 billion valuation from its previous round of funding, the company said.
Home Depot shares fall on revenue miss. Here’s how the pros are playing it
Pros on CNBC discussed Home Depot after the company missed revenue estimates.
Black taxpayers more likely to face audits, IRS confirms
The IRS on Monday confirmed that Black taxpayers are significantly more likely to face an IRS audit, confirming earlier findings.
Stocks making the biggest moves midday: Horizon Therapeutics, Capital One, RH, Home Depot and more
These are the stocks posting the largest moves midday.
Jamie Dimon says it’s ‘unlikely’ that JPMorgan Chase will acquire another struggling bank
JPMorgan Chase CEO Jamie Dimon answered questions Tuesday during an annual shareholder meeting.
Retail sales rose 0.4% in April, less than expected as consumers struggle with inflation
Excluding auto-related figures, sales increased 0.4%, which was in line with expectations.
Stocks making the biggest moves premarket: Home Depot, Capital One, Dish Network & more
These are the stocks posting the largest moves in premarket trading.
Samsung is exploring an ‘offline’ digital currency that works with Galaxy phones
Samsung said it has signed a memorandum of understanding with South Korea’s central bank to conduct technical research on a central bank digital currency.
Charles Schwab’s shares climb after an upgrade. Here’s what the experts say to do next
Pros on CNBC discussed Charles Schwab’s shares after an analyst upgraded the stock.