It’s the U.S., not Europe’s banking process that’s a problem, top economists say

Essential Factors

A central topic at the Ambrosetti Discussion board was the possible for even more instability in fiscal marketplaces arising from issues in the banking sector.
The collapse of U.S.-based Silicon Valley Financial institution and of quite a few other loan providers in early March prompted fears of contagion, bolstered by the unexpected emergency rescue of Credit score Suisse by Swiss rival UBS.

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Finance

Stocks making the biggest moves midday: Insulet, Pinterest, Sweetgreen, Lyft, Microchip Technology and more

May 9, 2025

Check out the companies making headlines in midday trading: Insulet — The medical device stock surged more than 19% after first-quarter results beat estimates on the top and bottom lines. Insulet reported adjusted earnings of $1.02 per share on $569.0 million of revenue. Analysts surveyed by FactSet were looking for 79 cents per share and […]

Finance

Stocks making the biggest moves premarket: Pinterest, Lyft, Coinbase, BP, Affirm and more

May 9, 2025

Check out the companies making headlines before the bell. Coinbase — The cryptocurrency exchange slipped 2% following disappointing top-line results for the first quarter . Coinbase reported revenue of $2.03 billion, while analysts polled by LSEG were expecting $2.12 billion. Earnings fell to 24 cents per share from $4.40 per share a year ago. Expedia […]

Finance

Stocks making the biggest moves after hours: Affirm, Coinbase, Pinterest and more

May 8, 2025

Check out the companies making headlines in extended trading. Affirm — Stock in the buy now, pay later company pulled back nearly 8%. Affirm issued fiscal fourth- quarter revenue guidance ranging between $815 million and $845 million, with a midpoint of $830 million. That’s short of the consensus estimate of $841 million, per LSEG. Pinterest […]