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Financial News Around the World

Stocks making the biggest moves premarket: Tesla, Delta, Qualcomm, Bank of America and more

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

Published 12 January 2024
Categorised as Finance News

Wells Fargo posts higher fourth-quarter profit, helped by higher interest rates and cost cutting

Wells Fargo shares fell Friday even after fourth-quarter profit rose from a year ago.

Published 12 January 2024
Categorised as Finance News

Bank of America shares fall after company reports lower fourth-quarter profit, hit by regulatory charge

Bank of America’s net income fell to $3.1 billion in the fourth quarter, from $7.1 billion a year ago.

Published 12 January 2024
Categorised as Finance News

BlackRock buys infrastructure investor Global Infrastructure Partners for $12 billion

BlackRock, the world’s biggest asset manager, announced Friday it is buying Global Infrastructure Partners for about $12 billion in cash and stock.

Published 12 January 2024
Categorised as Finance News

Chinese rival to Apple’s Vision Pro raises $70 million, doubles down on new strategy to win consumers

Chinese augmented reality glasses company Rokid announced it raised 500 million yuan ($70 million) in a funding round led by the government of Hefei city.

Published 12 January 2024
Categorised as Finance News

JPMorgan Chase is set to report fourth-quarter earnings. Here’s what the Street expects

JPMorgan will be watched closely for clues on how banks fared amid volatile interest rates and rising loan losses.

Published 12 January 2024
Categorised as Finance News

China posts higher-than-expected exports growth in December

China’s exports beat expectations in December, but failed to offset an overall decline for 2023, customs data showed Friday.

Published 12 January 2024
Categorised as Finance News

What to know before buying the first bitcoin ETFs. FOMO ‘is a poor investment strategy,’ expert says

The Securities and Exchange Commission has approved the first U.S. spot bitcoin exchange-traded funds. Here’s what to know before buying these assets.

Published 11 January 2024
Categorised as Finance News

U.S. deficit tops half a trillion dollars in the first quarter of fiscal year

The budget deficit totaled almost $510 billion, following a shortfall of $129.4 billion in December alone.

Published 11 January 2024
Categorised as Finance News

Stocks making the biggest moves midday: Paramount, Warner Bros. Discovery, Lyft and more

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

Published 11 January 2024
Categorised as Finance News

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