Goldman Sachs misses revenue estimates after taking $470 million hit on Marcus loans
A hangover from Goldman’s consumer efforts and weaker-than-expected bond trading revenue contributed to a disappointing quarter for the investment bank.
Nio says it won’t join the ‘price war’ and slash prices like Tesla
Chinese electric car company Nio will keep its prices high rather than cutting them, CEO William Li told CNBC in an interview.
China’s economy grew 4.5% in the first quarter, the fastest pace in a year
China’s growth has been under the spotlight as it reopens after ending most of its strict Covid restrictions that were in place for nearly three years.
You’ve probably had the Sunday scaries. To beat them, consider ‘bare minimum Mondays’
“Critics are forgetting that the bare minimum quite literally means that it’s still enough,” says Marisa Jo, who coined the term on TikTok.
These Asia-Pacific central banks have paused rates for now. Who could be first to cut?
The Bank of Korea was the first to hold rates steady after being one of the first nations to hike in the pandemic era — and could become the first to cut rates in the region.
Citi says it’s time to reconsider ESG, naming 3 stocks that could soar by 30%
ESG strategies could be back in vogue, according to Citi. Here are some of its favorite stocks to get ahead of the curve.
Goldman picks 4 stocks to play a $5 trillion e-commerce opportunity — including one with 70% upside
Three of Goldman’s favorite e-commerce stocks are on its global conviction list — a compilation of the bank’s top buy-rated picks.
Asia markets trade mixed as China first quarter GDP beats expectations
Asian markets trade mixed as China releases a slew of economic data, including its first quarter GDP numbers
Alphabet shares dip to start the week. Here’s what the experts have to say
Analysts and investors took to CNBC to discuss the latest action for Alphabet shares.
Alphabet shares dip on report Samsung phones may switch to Microsoft Bing search
The move could cost Google billions in advertising revenue and reportedly shocked employees, given Samsung’s longtime relationship with Google.
