JPMorgan Chase & Co
A Silicon Valley executive had $400,000 stolen by cybercriminals while buying a home. Here’s her warning
Key Points Rana Robillard, chief people officer at software startup Tekion, was tricked into sending her life savings to a criminal. What happened to Robillard, a 25-year veteran of tech companies, speaks to the increasingly sophisticated nature of cybercrime. Real estate, with its large transaction sizes and frequent use of wire transfers, has proven to […]
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SunPower stock collapses below $1 as company halts leases, installations and shipments
Workers install solar panels during a SunPower installation on a home in Napa, California, US, on Monday, July 17, 2023. David Paul Morris | Bloomberg | Getty Images SunPower stock collapsed 70% this week after the company informed dealers that it will no longer support new leases, installations or product shipments, with analysts largely writing […]
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Bank of America tops estimates on better-than-expected investment banking
CEOs from left, Charles Scharf, Wells Fargo, Brian Moynihan, Bank of America, and Jamie Dimon, JPMorgan Chase, testify during the Senate Banking, Housing, and Urban Affairs Committee hearing titled “Annual Oversight of Wall Street Firms,” in Hart Building on Wednesday, December 6, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images Bank of America […]
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Morgan Stanley to report second-quarter earnings
Key Points Morgan Stanley is likely to benefit from its Wall Street-centric business model. The bank’s massive wealth management business will be helped by high stock market values, which inflates the management fees the bank collects. Source
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Dimon and other Wall Street CEOs react to Trump assassination attempt: ‘Deeply saddened’ by violence
Key Points The leaders of Wall Street’s most powerful firms are speaking out to condemn the attempted assassination of former President Donald Trump at a Pennsylvania rally over the weekend. JPMorgan Chase CEO Jamie Dimon told employees Sunday that he and his management team were “deeply saddened by the political violence.” Goldman Sachs CEO David […]
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Stock futures rise as investors look to earnings to keep lifting market to records: Live updates
Traders on the floor of the New York Stock Exchange on Aug. 4, 2022. Source: NYSE Stock futures were higher in overnight trading Sunday as investors gear up for a big week of key corporate earnings. Futures on the Dow Jones Industrial Average rose 93 points, or 0.23%. S&P 500 futures added 0.26% and Nasdaq […]
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Goldman Sachs is set to report second-quarter earnings — here’s what Wall Street expects
David Solomon, Goldman Sachs interview with David Faber, September 7, 2023. CNBC Goldman Sachs is scheduled to report second-quarter earnings before the opening bell Monday. Here’s what Wall Street expects: Earnings: $8.34 per share, according to LSEG Revenue: $12.46 billion, according to LSEG Trading Revenue: Fixed Income of $2.96 billion, Equities of $3.17 billion, per […]
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Top Wall Street analysts are pounding the table on these 3 dividend stocks
Dividend-paying stocks can enhance investors’ portfolio returns and provide certainty in shaky markets. Investors can track Wall Street analysts’ ratings to select stocks of dividend-paying companies that have attractive growth prospects, which could boost earnings and cash flows to support higher dividends. Here are three attractive dividend stocks, according to Wall Street’s top experts on TipRanks, a platform […]
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Shares building the greatest moves midday: Wells Fargo, JPMorgan, AT&T, Carvana and extra
Check out out the firms making headlines in midday trading: Wells Fargo — Shares of the San Francisco-primarily based loan provider dropped just about 7% just after the business claimed a 9% decrease in net curiosity earnings. Wells Fargo recorded $11.92 billion in web interest revenue, a essential measure of what a financial institution will […]
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