Santander Q1 net profit up in Europe, offsetting weaker Brazil and U.S. units
Spain’s Santander on Tuesday said its net profit in the first quarter rose 1% compared to the same period of 2022 thanks to higher lending income.
Short-sellers raise their stakes against these 2 European banks by billions since the SVB crisis
CNBC Pro’s analysis reveals that both banks had an increase of $1 billion each in bearish bets against their stock since SVB’s collapse
Sony teases 2023 film slate, including R-rated ‘Kraven The Hunter’
Sony showed 14 minutes of “Spider-Man: Across the Spider-Verse” — due out June 2 — to CinemaCon audiences.
ByteDance is pushing a new app in the U.S. as TikTok faces a ban
As sister app TikTok faces a possible ban, Lemon8 is gaining popularity in the U.S. Analysts call it a strategic move to give TikTok creators an alternative.
Bank of Japan’s Ueda vows to keep rates low for now, signals chance of future hike
Ueda reiterated the need to keep Japan’s monetary policy loose to achieve BOJ’s 2% inflation target in a sustainable, stable fashion accompanied by wage hikes.
Don’t sell in May and go away. Here’s a smarter play for investors, according to CFRA Research
CFRA’s chief investment strategist Sam Stovall tells investors that instead of selling in May, they can gain more from simply taking a defensive position.
Coinbase sues SEC after months of silence from federal regulator
The crypto exchange asked a judge to compel the SEC’s answer whether existing rule-making processes would be extended to the crypto industry.
Want to cash in on ‘clean’ hydrogen? HSBC shares its stock picks — giving one over 110% upside
“Hydrogen in transport [is] expected to be deployed more widely from the latter half of the decade,” the bank says. CNBC Pro takes a look at four stock picks.
Why Porsche, Mercedes and GM are betting on silicon-anode batteries
Silicon-anode batteries could be the next big thing in tech, as they start to win the attention of Airbus, Porsche Mercedes-Benz and General Motors.
Stocks close lower Tuesday as investors’ bank fears return, Dow sheds more than 300 points: Live updates
Investors weighed earnings from consumer-facing brands while looking to tech giants Alphabet and Microsoft after the bell.
