Citigroup Inc
Stocks making the biggest moves midday: ASML, UnitedHealth, Walgreens Boots Alliance and more
Check out the companies making headlines in midday trading: UnitedHealth — Shares plunged 7.2% after the health-care giant lowered its earnings guidance due to ongoing headwinds from a cyberattack earlier in the year. UnitedHealth cut the top end of its full-year earnings forecast, which is now $27.50 to $27.75 per share, compared to previous guidance […]
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Citigroup earnings top estimates, boosted by investment banking
In this article C Follow your favorite stocksCREATE FREE ACCOUNT The Citibank building in Canada Square at the heart of Canary Wharf financial district in London on May 7, 2024. Mike Kemp | In Pictures | Getty Images Citigroup reported third-quarter results before the opening bell on Tuesday that topped Wall Street expectations, with growth […]
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Stocks making the biggest moves premarket: Goldman Sachs, Bank of America, Walgreens and more
Check out the companies making headlines before the bell. Bank of America — Shares moved 1% higher after third-quarter earnings and revenue topped Wall Street analysts’ estimates. Earnings came in at 81 cents, beating the 77 cents expected from analysts polled by LSEG. Revenue was $25.5 billion, versus the $25.3 billion consensus estimate. Johnson & […]
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Bank of America is set to report third-quarter earnings — here’s what the Street expects
Bank of America Chairman and CEO Brian Thomas Moynihan speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill in Washington, U.S., December 6, 2023. Evelyn Hockstein | Reuters Bank of America is scheduled to report third-quarter earnings before the opening bell Tuesday. Here’s what […]
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Dow futures are little changed after index closes above 43,000 for the first time: Live updates
Traders work on the floor of the New York Stock Exchange during morning trading in New York City. Michael M. Santiago | Getty Images Dow Jones Industrial Average futures are near flat Monday night after the blue-chip index closed at a record. Futures tied to the 30-stock average added 43 points, or 0.1%. S&P 500 […]
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5 things to know before the stock market opens Monday
Here are the most important news items that investors need to start their trading day: 1. Running to records U.S. stocks have taken a steady climb to new records. The S&P 500 and Dow Jones Industrial Average both notched their highest closes ever on Friday. Both of those indexes and the Nasdaq Composite rose more […]
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Cerebras IPO has ‘too much hair’ as AI chipmaker tries to sell Wall Street on Nvidia alternative
Andrew Feldman, co-founder and CEO of Cerebras Systems, speaks at the Collision conference in Toronto on June 20, 2024. Ramsey Cardy | Sportsfile | Collision | Getty Images AI chipmaker Cerebras is trying to be the first major venture-backed tech company to go public in the U.S. since April and to capitalize on investors’ insatiable […]
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JPMorgan Chase is set to report third-quarter earnings – here’s what the Street expects
Key Points JPMorgan Chase reports third-quarter earnings before the bell Friday. Wall Street expects the bank to report earnings of $4.01 a share and revenue of $41.63 billion, according to LSEG. JPMorgan executives will host a conference call at 8:30 a.m. ET. Source
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The Fed is finally cutting rates, but banks aren’t in the clear just yet
Federal Reserve Board Chairman Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., September 18, 2024. REUTERS/Tom Brenner Tom Brenner | Reuters Falling interest rates are usually good news for banks, especially when the cuts aren’t a harbinger of recession. That’s […]
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These dividend growers are also on Goldman Sachs’ buy list
Dividend stocks may be back in the spotlight, but investors should make sure they are buying quality companies that are growing their payouts, said Goldman Sachs. Dividend-paying equities are expected to get a lift as the Federal Reserve cuts interest rates. That’s because income investors may turn to them as their yields begin to appear […]
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