Essential Factors
- Here is what the organization claimed: Earnings of $1.24 a share, might not look at with $1.15 for every share Refinitiv estimate
- Profits of $13.46 billion vs. anticipated $13.08 billion
Morgan Stanley beats estimates on report wealth management revenue
Finance
Stocks making the biggest moves midday: Autodesk, PayPal, Rivian, Nebius, Waters and more
Check out the companies making headlines in midday trading: Autodesk — The design software maker rose more than 5% after Bloomberg News reported , citing people familiar with the matter, that it ended a plan to potentially buy out PTC . The possible acquisition was first reported by Bloomberg last Wednesday . PTC fell about […]
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Finance
Fed Chair Powell asks inspector general to review controversial building project
Key Points The Federal Reserve has brought in its inspector general to review a building expansion that has drawn fire from the White House, according to a source familiar with the issue. “We’ve got a real problem of oversight and excess spending,” Kevin Hassett, director of the National Economic Council, said Monday on CNBC. Source
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Finance
Stocks making the biggest moves premarket: Kenvue, Rivian, Affirm, SolarEdge Technologies and more
Check out the companies making headlines in premarket trading. Kenvue — The Neutrogena-maker jumped 4.5% after the company said its CEO Thibaut Mongon has stepped down . Kenvue said its board is conducting a strategic review of the company and is considering a range of possible alternatives, such as simplifying the company’s portfolio. nCino — […]
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