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Carvana Strikes Deal to Avert Cash Crunch
The used-car seller will sell stock and pledge assets to back new debt. Source link
Wall St rises at open as investors assess bank earnings By Reuters
© Reuters. Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 12, 2023. REUTERS/Brendan McDermid (Reuters)
Goldman Sachs Profit Falls 58% on Consumer-Lending Pullback
The bank also took impairments related to real-estate investments, much of it tied to office properties. Source link
Goldman Sachs Profit Falls 58% on Consumer-Lending Pullback
The bank also took impairments related to real-estate investments, much of it tied to office properties. Source link
Tesla to Report Second-Quarter Earnings Fueled by Sales Growth
Analysts are looking to see the impact of price cuts on the EV maker’s bottom line. Source link
Homeowners Don't Want to Sell, So Home Builders Are Booming
High mortgage rates are dissuading sellers, leaving new construction the only game in town. ‘There was no inventory on the existing market, so everybody was
Interactive Brokers reports rise in Q2 2023 earnings
Electronic trading major Interactive Brokers Group, Inc. (NASDAQ:IBKR) has announced its financial results for the quarter ended June 30, 2023. Reported diluted earnings per share
Wall Street Wrestles With Dealmaking, Trading Slump
Morgan Stanley said second-quarter profit fell 13% from a year ago, driven by a 22% decline in trading revenue. Source link
Stocks Extend Winning Streak as Bank Earnings Spur Optimism
U.S. indexes were boosted by banks as well as artificial-intelligence related companies such as Microsoft and Nvidia. Source link
Retailers' Problems Get Real
Merchants are selling more stuff, but now it is often at lower prices. Source link