Goldman Sachs reported a sharp jump in investment banking segment revenue in the first quarter. Charles Schwab said assets under management fees rose 21% in the first quarter from a year ago to record $1.3 billion. Tesla plans to lay off 10% of its global staff as the company battles slowing sales growth and rising competition from Chinese electric vehicle makers.
TSLA GS SCHW CRM
TSLA GS SCHW CRM
PVH Corp. offered a weak annual outlook, citing elevated macroeconomic uncertainty in Europe. Tesla said production and deliveries of electric vehicles declined in the first quarter. General Electric completes its three-way split, and its energy unit starts trading as a separate company on Tuesday.
GE TSLA CI PVH HUM UNH
GE TSLA CI PVH HUM UNH
The upscale furniture retailer RH guided an improving demand trend but offered a cautious view on revenue growth. MillerKnoll offered a cautious revenue outlook for the current quarter, citing near-term tepid economic conditions. Verint Systems estimated a mid-single-digit increase in annual revenue.
RH CXM VRNT
RH CXM VRNT