UBS Smashes Earnings 📱PRFT MARA 📈 BAK IBRX 📉

FlowBank's hand-curated fresh financial news [header_noDither] UBS Profits Soar in Q1, Surpassing Expectations UBS reported a robust net profit of $1.8 billion for the first quarter of 2024, greatly exceeding analyst projections of $721.4 million. This performance was driven by lower expenses following the acquisition of Credit Suisse and resulted in revenue reaching $12.74 billion. The bank's CET1 capital ratio was strong at 14.8%. CEO Sergio Ermotti highlighted the company's successful return to profitability and positive integration progress​ WHAT'S MOVING [Group 1742 (86)] [Start Trading](113/cXx8Z04/VVs6Dl3tSm4wW6qmLrT1g5NyQW7vv0b_5dP8G2MmLVSd2-ZVTW6N1vHY6lZ3phN2crf8sYv0x3W32clXm9366jLW2N4Skj4bqMc-W5HD4Pw7BVDLhW8Bf0Xj78RgG8W3TcVyC4_ZQLMW8wdn1T55JrqtW7lv31l46nfbtW35pCln894_c6W3qXfnm40vSzJW6ZpYKN295mpBW91FNV01tjXWrW2PtFTk373VXRW5v784v8mX8fyW4pkmCP9k1rkZN3K2Cm7H5wtJW3dbP0137Bwk1N8wTjbgQYcqYN7wm-LPgc2yDW52K8Nx5SjSB6W3nJM708j49qTW7lShBm7ZjvGxf8PZQfg04) [Group 3 (80)-1] Palantir Palantir's stock fell 7% after issuing lower-than-expected guidance, despite beating revenue estimates and recording its sixth straight profitable quarter, with $105.5 million net income . [Group 1754 (30)] Amazon Web Services AWS is investing $9 billion in Singapore to expand its cloud services, marking its ongoing commitment to the ASEAN region and reflecting the growing demand for cloud infrastructure and AI capabilities. [Group 1753 (31)] Boeing Boeing's first crewed Starliner launch was postponed due to a last-minute valve issue, further delaying its testing for routine NASA flights, amidst ongoing setbacks and delays. WHAT'S COMING UP? EUR: Eurogroup Meetings CAD: BoC Senior Deputy Governor Rogers Speaks IN OTHER NEWS Wall Street U.S. stock futures hovered near flat on Tuesday after the Dow Jones closed up for the fourth consecutive day. The S&P 500 and Nasdaq also rose during Monday’s session, gaining 1% and 1.2%, respectively, each marking their third straight positive day. [Group 1769] Europe European markets are set for a positive start Tuesday, with traders focused on a busy day of earnings reports. Major companies reporting include BP, S4 Capital, Siemens Healthineers, Deutsche Post, Infineon, Bouygues, UBS, Adecco, Banco de Sabadell, and Unicredit. MARKET INSIGHTS Fed Meeting Looms, BoJ Intervenes To Rescue Yen Currency markets ignited a week brimming with pivotal economic events with fireworks. [Read more](113/cXx8Z04/VVs6Dl3tSm4wW6qmLrT1g5NyQW7vv0b_5dP8G2MmLVRF2-ZVTW5BW0B06lZ3kyW8LzRgV1FrdqHW2DXlWd3LjHhdW1PhV_Q9frv5bN8NjSKJjGKmpW4n5VmH7DQQNcW3QLlJH86CYCWW1C8C548jxVGZW3P9y_f6FDMKVVDjsJB5vdlsXW4KfYvC7c4k8rN4BJlz2ZmynTMHQRjqZWXZ6W6v3qf17pmS55W4gNLFY1PDc3YW8n7G3p64jR9cW5TL0pf7vwR-BW2NRx8L70-BHwW1XgzLw4n_YTtf8DRbCM04) Please note that due to market volatility, some of the prices may have already been reached and scenarios played out. The information above is not investment advice. 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