Wall Street
Stock futures rise ahead of busy earnings day
Stock futures rose on Monday evening as traders navigate one of the busiest weeks of corporate earnings season. Futures tied to the Dow Jones Industrial Average added 87 points, or 0.3%, while those for the S&P 500 climbed 0.3%. Nasdaq 100 futures gained 0.4%. The move in futures comes after a slightly down day for […]
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These stocks have major earnings mojo heading into a difficult reporting season
Investors anticipating a choppy earnings season could look into these nine companies with a track record for earnings surprises, a CNBC Pro screen found. Source
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Chart analysts see tough times ahead for the stock market
The S&P 500 and Nasdaq Composite appear to be near negative inflection points, according to technical analysts. Source
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Stocks making the biggest moves in the premarket: Twitter, Sirius XM, Nektar Therapeutics and more
Take a look at some of the biggest movers in the premarket: Twitter (TWTR) – Twitter shares jumped 4.5% in the premarket after the company’s board of directors adopted a so-called poison pill to prevent Tesla (TLSA) CEO Elon Musk from increasing his stake in the company past 15%. That follows Musk’s $54.20 per share […]
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Bank of America profit tops estimates as lender releases reserves for soured loans
Brian Moynihan, chairman and chief executive officer of Bank of America Corp, speaks in New York City, September 25, 2019. Shannon Stapleton | Reuters Bank of America reported first-quarter earnings before the opening bell Monday. Here are the numbers: Earnings: 80 cents a share vs 75 cents a share Refinitiv estimate. Revenue: $23.33 billion vs […]
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Jamie Dimon, other JP Morgan executives donated to centrist Democrat Kyrsten Sinema
JP Morgan CEO Jamie Dimon listens as he is introduced at the Boston College Chief Executives Club luncheon in Boston, Massachusetts, U.S., November 23, 2021. Brian Snyder | Reuters J.P. Morgan Chase CEO Jamie Dimon and other executives from the bank contributed to the campaign of centrist Democratic Sen. Kyrsten Sinema, who has opposed key […]
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Stocks could stay choppy as fears about the Fed overshadow earnings news
Traders on the floor of the NYSE, March 29, 2022. Source: NYSE Earnings season is here, and it may distract investors from other issues, but it’s not likely to be the big driver of the overall market in the week ahead. Investors instead will keep an eye on the things that have been worrying the […]
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Investor optimism on stocks hits 30-year low by one measure. Here’s what that means
In the latest AAII poll, bullishness, or hopes for a higher stock market over the next six months, slumped to 15.8% Source
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Citigroup tops earnings estimates on better-than-expected trading revenue
Jane Fraser, incoming CEO of Citigroup. Citigroup Citigroup topped expectations for first-quarter profit and revenue on better-than-expected trading results as Wall Street benefited from surging volatility tied to the Ukraine war. Shares rose 2% in trading on Thursday. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of […]
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Goldman Sachs tops analyst estimates as trading desks crush expectations amid surging volatility
David M. Solomon, Chairman and CEO of Goldman Sachs, speaks during the Milken Institute’s 22nd annual Global Conference in Beverly Hills, April 29, 2019 Mike Blake | Reuters Goldman Sachs posted first-quarter results that blew past expectations as its traders navigated a surge in market volatility sparked by the war in Ukraine. Here’s are the […]
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