HSBC raises outlook as profits nearly double

View in Browser August 1, 2023 Dow 35,630.68 0.20% S&P 500 4,576.73 0.27% NASDAQ 14,283.91 0.43% Last updated August 1 at 4:59 PM ET     HSBC raises outlook as profits nearly double HSBC's profits have soared as it continues to cut costs and cash in on high interest rates around the world.    Read full article   Stocks are having their best run since 2021. Can they beat the August doldrums? US markets just wrapped up a winning July, with the S&P 500 and Nasdaq both notching their fifth positive month in a row.    Read full article   What you need to know about the incandescent light bulb ban America's ban on incandescent light bulbs, 16 years in the making, is finally a reality. Well, mostly.    Read full article   Bed Bath & Beyond is back from the dead A month after Overstock.com announced it bought Bed Bath & Beyond's brand out of bankruptcy, the company has dumped its name and morphed its website and app.    Read full article   CVS is laying off 5,000 workers CVS is laying off about 5,000 employees in a cost-cutting effort, the pharmacy chain confirmed Tuesday.    Read full article   'It's David and Goliath on steroids.' Meet the man fighting Taco Bell over 'Taco Tuesday' A guy named Gregory Gregory, the Jersey Shore, Lebron James, millions of dollars at stake – the trademark scuffle over the phrase "Taco Tuesday," is getting spicy. CNN visited the 5th-generation family-owned restaurant in Somers Point, New Jersey that's in a legal standoff with Taco Bell after becoming the last "Taco Tuesday" trademark owner in the country.    Read full article   Today's movers MSGM 6.60 92.32% Motorsport Games, Inc. Class A AMSC 16.13 60.02% American Superconductor Corporation ABVC 3.61 44.98% ABVC BioPharma, Inc. TGTX 10.49 49.30% TG Therapeutics, Inc. AURC 31.00 32.62% Aurora Acquisition Corp. Class A ZI 18.67 26.98% ZoomInfo Technologies Inc Last updated August 1 at 4:00 PM ET Have feedback? We'd love to hear from you. Send your questions and feedback to marketsnow@cnn.com MARKETS NOW You are receiving this email because you signed up for updates from Markets Now.   No longer want to receive these updates? Unsubscribe. Interested in more? See all of our newsletters.   Create CNN Account | Listen to CNN Audio | Download the CNN App    ® © 2023 Cable News Network, Inc. A Warner Bros. Discovery Company. All Rights Reserved. One CNN Center Atlanta, GA 30303