Year: 2025
Bank of America tops estimates on 43% surge in investment banking revenue
Brian Moynihan, CEO of Bank of America, leaves the U.S. Capitol after a meeting with Republican members of the Senate Banking, Housing and Urban Affairs Committee on the issue of debanking on Thursday, February 13, 2025. Tom Williams | Cq-roll Call, Inc. | Getty Images Bank of America on Wednesday posted third-quarter results that exceeded […]
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Morgan Stanley slated to release third-quarter earnings
Key Points Wall Street-centric banks like Morgan Stanley and peer Goldman Sachs are in an ideal environment. Wall Street trading desks have seen booming activity in the quarter, while investment banking continues to see a resurgence in activity for mergers and IPOs. Shares of Morgan Stanley have climbed almost 24% this year. Source
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Ohanian’s investment in volleyball comes as the sport has seen upticks in participation and viewership. Source
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China greenlights autonomous driving firms Pony.ai and WeRide’s Hong Kong listings
A Pony.ai AION robot taxi is displayed during the 21st Shanghai International Automobile Industry Exhibition at the National Exhibition and Convention Center in Shanghai on April 23, 2025. Wang Zhao | Afp | Getty Images Autonomous driving firms Pony.ai and WeRide have received approval from China’s securities regulator for secondary listings in Hong Kong, as […]
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CNBC’s The China Connection newsletter: Beijing gears up for a big strategy meeting as tensions with Washington deepen
This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. You can subscribe here. The big story While tensions flare with the U.S., China is charting its course for the next five years. Chinese President Xi Jinping and the country’s top leaders, […]
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Auto industry raises the alarm as China tightens export rules for rare earths
Workers assemble an Volkswagen’s ID.3 GTX FIRE+ICE electric car on a production line at the Volkswagen electric car factory on October 13, 2025 in Zwickau, Germany. Jens Schlueter | Getty Images News | Getty Images Automotive industry groups have raised the alarm over the ramifications of China’s latest move to restrict critical rare earth exports, […]
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Waymo plans robotaxi launch in London, marking its European debut
Waymo self-driving cars with roof-mounted sensor arrays traveling near palm trees and modern buildings along the Embarcadero, San Francisco, California, February 21, 2025. Smith Collection/gado | Archive Photos | Getty Images Alphabet‘s Waymo is bringing its driverless ride-hailing services to London, the first European market for its robotaxi. The company said in a release on […]
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European stocks move higher as luxury brands drive early gains; France’s CAC up 2.5%
Traders work on the floor of the New York Stock Exchange during afternoon trading on Oct. 14, 2025 in New York City. Michael M. Santiago | Getty Images LONDON — European stocks rose during early trading Wednesday, with luxury brands driving gains, as the region’s markets rebounded after touching a two-week low in the previous […]
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Tax rises and spending cuts in the cards, UK finance minister hints
CHISWICK, ENGLAND – OCTOBER 09: Britain’s Chancellor of the Exchequer, Rachel Reeves visits the Sipsmith Distillery on October 09, 2025 in Chiswick, United Kingdom. The Chancellor’s visit is intended to highlight how the UK-India free trade agreement is boosting British business, and comes as Prime Minister Keir Starmer is in India promoting the new pact, […]
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CNBC Daily Open: A Trump post drowns out positive developments for markets
U.S. President Donald Trump gestures during a meeting with President of Argentina Javier Milei in the Cabinet Room at the White House on Oct. 14, 2025 in Washington, DC. Kevin Dietsch | Getty Images U.S. stocks had a rocky day of trading, swinging from highs to lows like the quality of Game of Thrones across […]
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