Credit Suisse shares rose over 30% at the market open after the bank said that it will borrow up to $54 billion from the Swiss National Bank.
Facebook-parent Meta reported revenue for the fourth quarter that topped estimates and gave a forecast suggesting that sales could rise in the first quarter.
Mainland China’s swift rollback of many Covid-related restrictions has been unexpectedly sudden, revealing a new set of economic challenges.
Copper — traditionally seen as a leading indicator of economic health because of its use in many sectors — has unsurprisingly had a rough year. Yet analysts expect a resurgence in 2023.
Mainland China reported more than 31,000 Covid infections for Wednesday, including asymptomatic cases.
Best Buy raised its full-year forecast to reflect its better-than-expected quarterly results.
The dating app made its debut on the New York Stock Exchange on Friday, with shares trading under the ticker GRND.
U.K. inflation jumped to a 41-year high of 11.1% in October, exceeding expectations as food, transport and energy prices continued to squeeze households and businesses.
Markets closed higher for the week after a stellar rally Thursday that saw Big Tech stocks soar on the back of weaker-than-expected CPI data for October.
Shares of Trump-linked SPAC Digital World gained 66.5% after Trump hinted at a 2024 presidential run.