That is close to the $300 million they warned yesterday
This ties to the fallout from the Archegos Capital saga and was already reported here.
This ties to the fallout from the Archegos Capital saga and was already reported here.
Most Popular
Sponsored
Mercuria claims $100M+ losses from distorted Baltic Exchange oil rates; volatility rocks freight derivatives.
COP beats EPS estimates despite sales dip. Margins shrink, but Willow project advances. Unhedged for upside.
Record buybacks ($7T+) fuel market gains, but Shiller P/E > 40 signals risk. AI bubble fears loom.
CFR beats EPS estimates despite revenue miss; loan growth strong, but rate cuts loom.
AGIO jumps 11.2% on strong Aqvesme launch & pipeline progress, despite rival drug news.
XPO beats Q1 revenue & EPS estimates! AI tools boost productivity, driving margin expansion potential.
LMND down 20% YTD, but AI-driven growth & improving loss ratios hint at rebound. P/S near 3-yr avg.
Sponsored
Must Read