Citigroup posts $1.8 billion fourth-quarter loss after litany of charges
Citigroup on Friday posted a $1.8 billion fourth-quarter loss after booking several large charges tied to overseas risks, last year's ...
Tag: Posts
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, as the bank warned that net ...
Bitcoin losses accelerate following ETF launch, ether posts a 15% gain on week
Bitcoin slid on Friday to end an otherwise momentous week for the cryptocurrency, with the launch of 11 bitcoin exchange-traded ...
Amid onslaught of lawsuits, Instagram and Facebook will start hiding posts about suicide, self-harm and eating disorders from teenagers’ accounts
Meta said Tuesday it will start hiding inappropriate content from teenagers’ accounts on Instagram and Facebook, including posts about suicide, ...
Ken Griffin’s hedge fund Citadel posts double-digit returns in 2023, but lags the S&P 500
Ken Griffin, Citadel at CNBC's Delivering Alpha, Sept. 28, 2022.Scott Mlyn | CNBCBillionaire investor Ken Griffin's various hedge fund strategies at ...
Vertex shares pop after nonopioid painkiller posts positive midstage trial results
A sign hangs in front of the world headquarters of Vertex Pharmaceuticals in Boston on Oct. 23, 2019.Brian Snyder | ...
Apple supplier Foxconn posts surprise rise in quarterly profit
Apple Inc supplier Foxconn reported on Tuesday a surprise 11% increase in third-quarter profit, boosted by strong demand for smart ...
AMC Theatres posts best revenue and attendance since pandemic began as it closes money-losing locations and rakes in cash from ‘Barbenheimer’ bonanza
Nostalgia and curiosity peaked moviegoer interest this summer—and theaters, which were plagued during the pandemic, saw a major revival. In ...
China’s largest chipmaker SMIC posts a 80% drop in third-quarter profit
BEIJING, CHINA - DECEMBER 04: A logo hangs on the building of the Beijing branch of Semiconductor Manufacturing International Corporation ...
SoftBank’s Vision Fund ekes out gain but company posts $6.2 billion quarterly loss
SoftBank Founder Masayoshi Son is pictured here in 2019 during an earnings presentation.Tomohiro Ohsumi | Getty ImagesSoftBank posted an investment ...
