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Știrea Zilei < 1 min
English section
Goldman Sachs reported net revenues of $10.90 billion for the second quarter of 2023, 8% lower than Q2 2022

Goldman Sachs reported yesterday an annualized return on equity of 4% for the second quarter of 2023, less than half the 10.6% the company reported a year earlier, reflecting losses related to the decline in value of earlier investments.

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3 min Wall Street big bank’s quarterly results: Unanticipated Ups and Downs!

Earnings season in the United States kicked off at the end of this week with companies in the financial and asset management sectors alongside the healthcare sector.

Autor: Financial Market
2 min Germany is reshaping the strategy with its biggest trading partner

German company bosses like Martin Brudermueller of chemical giant BASF and Thomas Schaefer of automaker Volkswagen have one less thing to worry about when it comes to China. That goes for their shareholders, too.

Autor: Article based upon analysis from Reuters Breakingviews
2 min Even if the US annual inflation rate has slowed to 3%, this won’t prevent another rate hike in July

The report on consumer price inflation in June surprised the markets and investors: both the headline inflation rate and the core inflation rate (excluding food and energy) increased by 0.2% compared with the previous month, rather than by 0.3% as expected.

Autor: Financial Market
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4 min Best 10 Fintech Investment platforms to try in 2023

Investing money is currently a difficult area. But innovative fintech solutions offer alternative ways to build wealth despite the difficult environment.

2 min U.S. economy added a surprising 253K jobs in April 2023, beating projections of 185K

The April labour market report shows a strong headline U.S. labour market number, but major revisions cloud the significance of these numbers.

2 min Apple’s revenue decreased 3% in the first quarter, but company’s earnings were unchanged at $1.52 per share

Apple announced financial results for the second quarter of fiscal year 2023, which ended April 1, 2023. The company reported quarterly revenue of $94.8 billion, down 3 percent year-over-year, and quarterly earnings per diluted share of $1.52, unchanged year-over-year.

2 min European Central Bank keeps door open for further rate hikes

The ECB has entered the final phase of its rate hike cycle. As expected, the central bank raised its key interest rates by 25 basis points, bringing the deposit rate to 3.25%.

3 min The Federal Reserve raised interest rates by 25 basis points, signalling a peak of the Fed funds target range

No real surprises: The Federal Open Market Committee voted unanimously to raise rates by 25 basis points, bringing the Fed Funds target range to 5-5.25%.

3 min The fintech sector is estimated to reach $1.5 trillion in annual revenue by 2030

In just two short decades, fintech – a fusion of „finance” and „technology” – has burst onto the scene and revolutionized the financial services industry as we know it.

2 min Starbucks reported a 11% increase in sales for the first quarter, beating analysts′ expectations

Coffee chain Starbucks reported first quarter results with consolidated Net Revenues Up 14% to $8.7 Billion while comparable store sales were up 11% globally primarily driven by a 6% increase in comparable transactions and a 4% increase in average ticket.

2 min ChatGPT investment advice is better than most popular funds in UK

A fictitious fund generated by ChatGPT performs significantly better than the average of the 10 most popular funds in the UK, which together lost 0.8% in value over the same period.

3 min Higher interest rates and slowing growth threatens the good evolution of the stock market in Europe

European stocks have been rising for seven months, dwarfing their American counterparts. They are now just 6% below their record high, but companies in the region are running out of steam.

Termenul Zilei

Indicele prețurilor de consum (CPI)

Indicele prețurilor de consum (CPI – Consumer Price Index) este unul dintre cei mai importanți indicatori macroeconomici, utilizat pentru a măsura evoluția prețurilor bunurilor și serviciilor consumate de populație. Practic,...

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