JPMorgan Chase & Co
Global week ahead: Trade tensions cloud earnings and the G20 heads south
Jason Hawkes | Riser | Getty Images Earnings season always seems to roll around with alarming frequency. The newsroom approaches each quarter with a nervous energy, but this summer it feels especially heightened. Recent market records in both the U.S. and Europe, alongside an unpredictable economic environment, paint a complicated picture for the second half. […]
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Goldman’s top trades for this upcoming earnings season
The first full week of earnings kicks off Monday, and several stocks stand to move higher on the strength of their quarterly results, according to Goldman Sachs. To be exact, 35 S & P 500 companies and six in the Dow Jones Industrial Average are set to report next week, including two of the largest […]
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This coming earnings season could decide if a stock market at record highs has more room to run
The upcoming earnings season will show investors whether the bull case for equities still holds. The second quarter reporting season comes at a pivotal point for the stock market, with the S & P 500 and Nasdaq Composite trading at all-time highs this week even after an onslaught of bad news regarding higher tariffs, a […]
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Jamie Dimon has a blunt message for Europe: ‘You’re losing’
Key Points Jamie Dimon told an event in Ireland on Thursday that Europe was “losing” on competitiveness and lacked the kind of global, successful corporations common in the U.S. The JPMorgan Chase boss also told an event in Ireland that there was “complacency in the markets” around U.S. tariffs and rates. Dimon said he saw […]
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Goldman Sachs is piloting its first autonomous coder in major AI milestone for Wall Street
Key Points Goldman is testing an autonomous software engineer from artificial intelligence startup Cognition that is expected to soon join the ranks of the firm’s 12,000 human developers, Goldman tech chief Marco Argenti told CNBC. The program, named Devin, became known in technology circles last year with Cognition’s claim that it had created the world’s […]
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CNBC’s Inside India newsletter: The price of FOMO — India’s options market faces a reality check
Hi, I’m Spriha Srivastava, executive editor for digital at CNBC International. Welcome to this edition of Inside India. This week, I look at how the boom in India’s derivatives markets has brought a whole host of worries for retail investors, who are typically young and drawn in by the promise of quick profits. Mumbai, India: […]
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Stocks making the biggest moves midday: Hershey, Chemours, Fair Isaac, Sunrun & more
Check out the companies making the biggest moves midday: Hershey — The candy company slid more than 3% following news that Wendy’s CEO Kirk Tanner will take the helm at Hershey , effective Aug. 18. He will replace Michele Buck, who has been with the company for the past two decades and has spent eight […]
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Stocks making the biggest moves premarket: Tesla, Centene, JPMorgan, Cava and more
Check out the companies making headlines before the bell. Tesla — Shares of the electric vehicle maker jumped about 5% after second-quarter vehicle deliveries came in better than feared. Tesla delievered 384,000 vehicles during the period, a 14% decline from a year ago, but analysts were estimating 387,000 deliveries, according to FactSet. This is its […]
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Figma files for IPO on Nasdaq, plans to ‘take big swings’ with M&A
Design software company Figma filed for an IPO on Tuesday, and plans to trade on the New York Stock Exchange under ticker symbol FIG. The offering would be one of the hotly-anticipated IPOs in recent years given Figma’s growth rate and its high private market valuation. In late 2023, a $20 billion acquisition agreement with […]
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Climate threat to U.S. infrastructure is accelerating. Here’s what’s most at risk
U.S. infrastructure is barely getting a passing grade, and one of the fastest growing problems is climate change. Airports are flooding, bridges are melting from extreme heat, and telecommunications are getting slammed by increasingly extreme weather. In 2023, at Fort Lauderdale/Hollywood International Airport, historic rainfall turned runways into rivers, shutting down operations and stranding passengers. […]
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