AmEx’s profit view dampens strong results from record card spending
By Manya Saini (Reuters) -American Express kept its annual profit forecast unchanged despite a record spending on its credit cards…
Category: General
JPMorgan to expand online bank Chase to Germany, EU – Handelsblatt
FRANKFURT (Reuters) -JPMorgan will expand its online bank Chase to Germany and other European Union countries, CEO Jamie Dimon told…
China seeks to boost demand by pushing urban development – state media
BEIJING (Reuters) – China’s cabinet has approved guidelines on transforming underdeveloped areas in megacities, in the government’s latest move to…
Trump-linked SPAC surges as fraud settlement lifts hopes for deal completion
(Reuters) -Shares of Digital World Acquisition (DWAC) surged 55% on Friday as a settlement with U.S. securities regulator over fraud…
J&J upbeat on 2023 as devices rebound post-COVID, shares jump
By Bhanvi Satija and Patrick Wingrove (Reuters) -Johnson & Johnson on Thursday expressed optimism for strong growth this year, saying…
Netflix falls as benefits from password-sharing crackdown to take time
By Samrhitha A (Reuters) -Shares of Netflix tumbled more than 8% on Thursday after the video-streaming pioneer’s lackluster revenue rise…
Gold miner Newmont misses profit estimates on mining disruptions, higher costs
By Sourasis Bose (Reuters) -Newmont missed second-quarter profit estimates on lower production and higher costs, sending shares of the world’s…
TSMC flags 10% fall in 2023 sales as weak global outlook weighs
By Sarah Wu and Yimou Lee TAIPEI (Reuters) -Taiwanese chipmaker TSMC forecast a drop of around 10% in 2023 sales…
Netflix scraps cheapest ad-free plan to boost ad-tier
(Reuters) – Netflix has removed its basic plan in the U.S. and UK in which users could watch shows and…
Massive Options Bet on Palantir
A major player with deep pockets has taken a bullish position on PLTR, raising eyebrows. Today, a substantial position appeared…