Ford restores faith with quarterly results, while Starbucks proves to be a China play
Club holding Ford (F) on Tuesday showed investors it had righted the ship in the first quarter, while Starbucks’ (SBUX) quarterly sales were bolstered by China.
Asian markets set to fall ahead of Fed policy decision, tracking losses on Wall Street
Asia-Pacific markets are lower as investors look forward to the Fed’s policy decision early Thursday morning.
This global commercial real-estate stock is set to rise by 60%, Jefferies says
The commercial property owner has nearly doubled the rent it charges its tenants, Jefferies says.
As lithium prices bounce, analysts love these stocks — giving one 155% upside
CNBC Pro screened for lithium and battery stocks with buy ratings from over 70% of analysts and major upside potential.
Dow closes more than 250 points lower Wednesday after Fed hikes rates for a 10th time: Live updates
The central bank pushed through a 25 basis point hike on Wednesday.
Chegg CEO calls 48% stock plunge over ChatGPT fears ‘extraordinarily overblown’
Chegg’s stock was almost halved on Tuesday after CEO Dan Rosensweig warned that OpenAI’s ChatGPT was “having an impact” on customer growth.
AMD revenue drops 9% as PC chip sales decline sharply
AMD’s report comes as the PC industry is in a deep slump, with shipments dropping 30% in the first quarter, according to IDC.
Hindenburg Research goes after Carl Icahn in latest campaign for market-moving short seller
The Nathan Anderson-led firm took a short position against Icahn Enterprises, alleging “inflated” asset valuations, among other reasons.
Drugs, guns and crypto seized, 288 arrested, in ‘unprecedented’ dark web crackdown
Operation SpecTor took down the darknet site Monopoly Market and resulted in the arrests of 288 suspects who sold drugs and other goods for crypto.
Hollywood writers are on strike — here’s what it means for TV and movie production
Writers are seeking more compensation to reflect the content boom driven by streaming over the past several years.
