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Ferrari’s profits jump 13% in 2022, supercar maker expects an even better year in 2023

Ferrari guided to an even stronger year in 2023, boosted by its high-priced sports cars like the Daytona SP3 and the upcoming Purosangue SUV.

Published 2 February 2023
Categorised as Finance News

Stocks making the biggest moves premarket: Meta, Align Technology, FedEx, Honeywell and more

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

Published 2 February 2023
Categorised as Finance News

Charlie Munger says the U.S. should follow in China’s footsteps and ban cryptocurrencies

“A cryptocurrency is not a currency, not a commodity, and not a security,” the 99-year-eld Munger said in an op-ed published in the WSJ Wednesday evening.

Published 2 February 2023
Categorised as Finance News

Bank of England hikes rates by 50 basis points, now sees ‘much shallower’ recession than feared

The Bank of England on Thursday hiked interest rates by 50 basis points.

Published 2 February 2023
Categorised as Finance News

Adani losses top $100 billion in wake of Hindenburg Research report

Sell-off losses have been accruing since the Jan. 24 publication of a critical report from U.S. short seller Hindenburg Research.

Published 2 February 2023
Categorised as Finance News

Deutsche Bank smashes profit expectations in fourth quarter as higher interest rates bolster revenue

Deutsche Bank surpassed profit expectations in the fourth quarter, reporting 1.8 billion euro ( $1.98 billion ) of net profit attributable to shareholders, as higher interest rates boosted revenues.

Published 2 February 2023
Categorised as Finance News

A potential U.S. ban on investment in Chinese tech could hurt these sectors

A ban on U.S. investment in Chinese tech could drive up market volatility — but some sectors may escape untouched, Bank of America analysts said.

Published 2 February 2023
Categorised as Finance News

A travel insider explains how people who hate cruising — can learn to enjoy it

Private shore excursions let cruisers make their own plans, choose their restaurants and spend the day with a local guide — without a cruise ship bus in sight.

Published 2 February 2023
Categorised as Finance News

Bond king Jeffrey Gundlach says he expects one more Fed rate hike

DoubleLine Capital CEO Jeffrey Gundlach said he sees one additional rate hike from the Federal Reserve before the central bank ends its tightening cycle.

Published 1 February 2023
Categorised as Finance News

Stocks making the biggest moves after hours: Meta, Align Technology, e.l.f Beauty and more

These are the stocks posting the largest moves in after-hour trading.

Published 1 February 2023
Categorised as Finance News

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