Tesla’s largest-ever decline has short sellers sitting on $15 billion in profits: Morning Brief

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, December 23, 2022…

BP reports soaring profits, even as oil production is flat

BP PLC described its most effective quarter in a lot more than a ten years yesterday, as growing oil and gasoline costs assisted the British oil large shrug off a…

Wall Street banks set to report record profits for 2021

Wall Street’s biggest banks this month are established to report report gains for 2021 many thanks to bumper financial investment banking fees and decreased-than-anticipated losses on financial loans throughout the…

UBS wealth management profits surge on back of thriving markets

UBS capitalised on the booming marketplace disorders for its affluent buyers in the 3rd quarter, with earnings at its wealth management business soaring 43 per cent. The Swiss lender also…