Goldman Sachs CEO David Solomon speaks during an interview at the Economic Club of Washington in Washington, D.C., U.S., Oct. 30, 2025. Kevin Lamarque | Reuters Goldman Sachs is scheduled to report fourth-quarter earnings before the opening bell Thursday. Here’s what Wall Street expects: Earnings: $11.67 per share, according to LSEG Revenue: $13.79 billion, according…
Celsopupo | Istock | Getty Images Wall Street is finding an unexpected beneficiary of America’s weight loss boom: airlines. With the first GLP-1 weight loss drug now available in pill form, analysts at Jefferies say broad adoption across society could quietly lower fuel bills — airlines’ single largest cost — and lift earnings for the…
Mark Mason, then CEO of Citi Private Bank, speaks during the Global Wealth Management Summit in New York, June 17, 2014. Shannon Stapleton | Reuters The biggest U.S. banks show no sign of capitulating to President Donald Trump’s mandate to slash credit card interest rates, setting up a confrontation just as the president is expected…
Citigroup on Wednesday posted fourth-quarter results that topped expectations as the lender reaped more interest income and set aside less money for troubled loans than analysts had expected. Here’s what the company reported: Adjusted earnings: $1.81 per share vs. $1.67 expected, according to LSEG Adjusted revenue: $21.0 billion vs. $20.72 billion expected Citigroup said net…
Brian Moynihan, Chairman and CEO of Bank of America, speaks with Economic Club of Washington Chair David Rubenstein at an event at the Ritz-Carlton on February 25, 2025 in Washington, DC. Anna Moneymaker | Getty Images Bank of America on Wednesday posted fourth-quarter earnings that topped analysts’ expectations on gains from net interest income and…
These are the stocks posting the largest moves in early trading. Source link
Robin Vince President & CEO BNY Mellon, speaking on CNBC’s Squawk Box at the WEF Annual Meeting in Davos, Switzerland on Jan. 16th, 2024. Adam Galici | CNBC BNY, which calls itself the world’s largest custody bank, is raising a pair of key performance targets as CEO Robin Vince says a turnaround that began when he…
Check out some of the companies making the biggest moves midday: JPMorgan Chase — The largest bank in the U.S. dropped more than 3%, trading near session lows, after investment banking fees fell, missing expectations. JPM’s chief financial officer signaled that the banking industry could push back against President Donald Trump’s call for a one-year…
Warren Buffett and Greg Abel walkthrough the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. David A. Grogen | CNBC In the final stretch of his tenure atop Berkshire Hathaway, Warren Buffett was still pursuing that elusive elephant. The 95-year-old legendary investor, who handed over the CEO reins to Greg Abel…
JPMorgan Chase shares were under pressure Tuesday despite a strong quarter , and Wall Street analysts largely framed the pullback as profit-taking rather than a fundamental shift in the outlook. The bank stock fell nearly 3% on Tuesday after the bank posted fourth-quarter results that topped expectations on better-than-expected revenue from the bank’s trading operations. The company said net…
