JPMorgan, Wells Fargo and Morgan Stanley to improve dividends right after clearing Fed stress exam

Essential Factors

U.S financial institutions including JPMorgan Chase, Wells Fargo and Morgan Stanley explained Friday they prepare to elevate their quarterly dividends after clearing the Federal Reserve’s yearly tension test.
JPMorgan options to increase its payout to $1.05 a share from $1 a share starting off in the 3rd quarter, the New York-based financial institution explained in a statement.
Goldman Sachs declared the premier for every share strengthen among the major banking companies, even though Citigroup announced the smallest.

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Finance

Stocks making the biggest moves midday: Netflix, Alphabet, Nvidia, BJ’s Wholesale Club and more

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Check out the companies making headlines in midday trading. Nvidia — Shares of the chipmaker dipped about 1% in midday trading, after gyrating earlier in the session. Nvidia beat on top and bottom lines for the third quarter, posting adjusted earnings of 81 cents per share on revenue of $35.08 billion. Analysts polled by LSEG […]

Finance

Stocks making the biggest moves premarket: Snowflake, Nvidia, BJ’s Wholesale and more

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Finance

Baidu posts 3% drop in third-quarter revenues, beating market expectations

November 21, 2024

Key Points Chinese tech company Baidu on Thursday reported better-than-expected revenue and profit for the third quarter. Baidu noted a 12% surge in its non-online marketing revenue to the equivalent of $1.1 billion, mainly driven by its artificial intelligence cloud business. Source