Goldman Sachs (GS) earnings Q1 2024
David Solomon, Chairman & CEO Goldman Sachs, speaking on CNBC’s Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024. Adam Galici | CNBC…
JPM, BLK, GL and more
Check out the companies making headlines in premarket trading. JPMorgan — The bank slipped 2.4% despite beating expectations on both lines and reporting lower credit costs than anticipated. However, the…
Wells Fargo WFC earnings Q1 2024
Wells Fargo on Friday reported first-quarter earnings and revenue that beat Wall Street expectations, despite a decline in net interest income. Here’s how the company performed compared with what Wall…
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’…
Costco selling up to $200 million in gold bars a month, Wells Fargo estimates
Costco selling 1 ounce gold bars Courtesy: Costco Gold has turned into money for Costco, where yellow-metal sales begun last year have turned into a cash cow for the big-box…
Here’s what to expect from a key inflation reading
Shoppers are seen in a Kroger supermarket in Atlanta on Oct. 14, 2022. Elijah Nouvelage | AFP | Getty Images Rising gasoline prices likely put a floor under inflation in…
Palo Alto Networks stock on pace for worst day since 2012 IPO
Nikesh Arora, CEO of Palo Alto Networks, speaks on CNBC’s “Squawk Box” at the WEF Annual Meeting in Davos, Switzerland, on Jan. 16, 2024. Adam Galici | CNBC Palo Alto…
Stocks making the biggest moves midday: CSCO, TWLO, SMCI
Check out the companies making headlines in midday trading. Cisco Systems — The tech company’s shares dropped 2.4% after it posted declining fiscal second-quarter revenue. Cisco also issued a lighter-than-expected…
Wells Fargo says consent order tied to 2016 scandal lifted
Wells Fargo President and CEO Charlie Scharf attends The Future of Everything presented by The Wall Street Journal at Spring Studios in New York City, on May 17, 2022. Steven…
JPMorgan Chase, Wells Fargo cut overdraft revenue to $2 billion in 2023
Pedestrians pass a JPMorgan Chase bank branch in New York. Michael Nagle | Bloomberg | Getty Images The three biggest American retail banks collected 25% less overdraft revenue last year…