Breaking News: Investing
Buy these five stocks that are emerging from the tariff chaos, Bank of America says
Bank of America named a slew of stocks to buy as market fears remain high. The firm says it likes companies that are defensive and resilient. They include buy-rated stocks like: DoorDash, Netflix , Spotify, Flutter and Live Nation. DoorDash Buy the dip in the delivery company, the firm said earlier this week. “DASH as […]
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Earnings season ramps up next week with no certainty for Wall Street on trade
The roller-coaster ride the stock market has been on is unlikely to end next week, with earnings ramping up in an environment where investors, companies and consumers have absolutely no certainty as to what will happen next with trade. Wall Street is about to wrap up one of its wildest weeks of trading ever, that […]
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Jamie Dimon says he expects S&P 500 earnings estimates to fall as companies pull guidance
JPMorgan Chase CEO and Chairman Jamie Dimon gestures as he speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill in Washington, D.C. Evelyn Hockstein | Reuters JPMorgan Chase CEO Jamie Dimon said Friday that he expects estimates for corporate earnings to fall amid the […]
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Morgan Stanley tops quarterly estimates as equity trading revenue surges 45%
People walk out of the Morgan Stanley global headquarters in Manhattan on March 20, 2025 in New York City. Spencer Platt | Getty Images Morgan Stanley on Friday reported first-quarter results that topped estimates as equity trading revenue surged 45% amid rising global volatility. Here’s what the company reported: Earnings: $2.60 a share vs. $2.20 […]
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Wells Fargo shares climb on higher earnings, CEO calls for ‘timely’ trade resolution
In this article WFC Follow your favorite stocksCREATE FREE ACCOUNT A Wells Fargo Bank branch is seen in New York City on March 17, 2020. Jeenah Moon | Reuters Wells Fargo shares rose Friday after the bank reported an increase in quarterly earnings on the back of stable income from investment banking and wealth management. Here’s […]
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JPMorgan Chase is set to report first-quarter earnings – here’s what the Street expects
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., speaks during the 2025 National Retirement Summit in Washington, DC, US, on Wednesday, March 12, 2025. Al Drago | Bloomberg | Getty Images JPMorgan Chase is scheduled to report first-quarter earnings before the opening bell Friday. Here’s what Wall Street expects, according to LSEG: Earnings: […]
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How the mother of all ‘short squeezes’ helped drive stocks to historic gains Wednesday
A trader works on the floor of the New York Stock Exchange during afternoon trading on April 9, 2025 in New York. Angela Weiss | Afp | Getty Images A massive number of hedge fund short sellers rushed to close out their positions during Wednesday afternoon’s sudden surge in stocks, turning a stunning rally into […]
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Trump’s pivot on tariffs shows that Wall Street still has a seat at his table
Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled Annual Oversight of Wall Street Firms, in the Hart Building on Dec. 6, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images With each passing day since President Donald Trump’s sweeping tariff announcement last week, a […]
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Trump acknowledged he could cause a recession, but just didn’t want a depression, according to WSJ
President Donald Trump wanted to avoid sending the economy into a depression through his contentious plan for tariffs, according to The Wall Street Journal. Trump privately said he was aware that his broad and steep plan for levies unveiled last week could tip the economy into a recession, but he didn’t want a depression, according […]
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Jeremy Siegel says stocks are ‘not out of the woods’ yet due to difficult China negotiations ahead
President Donald Trump’s pause on reciprocal tariffs is not an all clear signal for investors to embrace risk assets again, according to Jeremy Siegel, professor emeritus of finance at the University of Pennsylvania’s Wharton School of Business. “We’re not out of the woods on the tariff,” Siegel said on CNBC’s ” Squawk Box .” “We’ll see what […]
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