Stocks making the biggest moves midday: GL, JPM, ZTS, WFC
Check out the companies making headlines in midday trading. JPMorgan — The bank fell 6% after disclosing that its net interest income level could fall short of Wall Street analysts’…
Citigroup (C) earnings Q1 2024
Citigroup on Friday posted first-quarter revenue that topped analysts’ estimates, helped by better-than-expected results in the bank’s investment banking and trading operations. Here’s how the company performed, compared with estimates…
Apple stock just had its best day since last May
Apple CEO Tim Cook greets customers as he arrives for the release of the Vision Pro headset at the Apple Store in New York City on Feb. 2, 2024. Angela…
New Swiss bank laws could derail UBS’ challenge to Wall Street giants
Sergio Ermotti, CEO of Swiss banking giant UBS, during the group’s annual shareholders meeting in Zurich on May 2, 2013. Fabrice Coffrini | Afp | Getty Images Switzerland’s tough new…
Jamie Dimon annual shareholder letter highlights AI potential
Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled Annual Oversight of Wall Street Firms, in the Hart Building on Dec.…
‘Old economy’ industrial and energy names will win in 2024
The stock market is starting to show signs of a “leadership rotation,” meaning that some previously overlooked sectors hold promising investment opportunities, including some notably “old economy” stocks, according to…
Adam Neumann WeWork bid faces questions over financing, business plan
Israeli-American businessman Adam Neumann speaks during The Israeli American Council (IAC) 8th Annual National Summit on January 19, 2023 in Austin, Texas. Shahar Azran | Getty Images Adam Neumann has…
Immigration is boosting the U.S. economy and has been ‘underestimated’
U.S. commuters. Caroline Purser | The Image Bank | Getty Images The recent surge in immigration into the U.S. is helping to bolster the economy despite a raft of global…
Big week for tech IPOs like Reddit boosts Morgan Stanley after lull
The New York Stock Exchange welcomes Reddit, Inc. (NYSE: RDDT) to celebrate its initial public offering. To honor the occasion, Snoo, rings the Opening Bell®. NYSE Wall Street’s tech IPO…
AI and automation justify shorter workweek, Democrats argue
Senate Senate Health, Education, Labor, and Pensions Committee Chairman Bernie Sanders (I-VT) questions witnesses with ranking member Sen. Bill Cassidy (R-LA) during a hearing about working hours in the Dirksen…