Ferrari’s EBIT profit margin, a widely-watched figure, increased a full percentage point to 26.9%.
Here are Thursday’s biggest analyst calls: Apple, Western Alliance, Berkshire Hathaway, Wix & more
Citi downgraded Wingstop. Goldman upgraded Cemex.
We’re selling two tech stocks to raise more cash in tricky market with event-driven overhangs
We are making more sales Thursday morning and increasing our cash position even higher to get more defensive into the market gauntlet that lies ahead.
Considering a custom built home? Here are 4 of the best construction loan lenders
The process of acquiring and using funding from a construction is a bit unique compared to that of a traditional mortgage. Here are some lenders to consider.
Carl’s Jr. and Hardee’s to roll out Presto’s A.I. drive-thru ordering nationwide
The partnership with CKE Restaurants, the parent company of Carl’s Jr. and Hardee’s, is the largest launch to date of Presto Voice.
White House announces $140 million A.I. hub investment ahead of meeting with Google, OpenAI
Funding for the research hubs will come from the National Science Foundation and will bring the total number of AI research institutes to 25 across the country.
European Central Bank raises rates by 25 basis points, slowing the pace of hikes
The European Central Bank announced a new rate decision as inflation remains well-above its target.
Regional bank stocks continue to slide on Thursday with PacWest leading the way down 50%
Thursday’s moves come less than a week after First Republic was seized by regulators and sold at a discount to JPMorgan Chase.
Small business confidence rises slightly, but inflation, economic concerns dim outlook
Main Street confidence ticks up in latest CNBC quarterly small business survey, but inflation remains a big concern and the overall view of the economy is weak.
Fed raises rates again — why this is the perfect time to open a flexible CD
Flexible CDs allow savers to earn a higher interest rate or withdraw early with no penalty.