Wall Street
Goldman Sachs is about to report first-quarter earnings
David Solomon, CEO of Goldman Sachs, testifies during a Senate Banking Committee hearing at the Hart Senate Office Building in Washington, D.C., on Dec. 6, 2023. Win Mcnamee | Getty Images Goldman Sachs is scheduled to report first-quarter earnings before the opening bell Monday. Here’s what Wall Street expects: Earnings: $12.35 per share, according […]
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Magnificent Seven stocks are attracting some interest after falling to pre-ChatGPT valuations
The Magnificent Seven stocks — which have underperformed in 2025 after a two-year monster run — are starting to attract interest again now that they’re trading at or below valuations from before the unveiling of ChatGPT, which accelerated the AI boom. On a trailing 12-month basis, Amazon is trading at a 32 price-to-earnings ratio — […]
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Investors are growing concerned about a U.S. asset exodus as Treasuries and the dollar decline
Traders work on the floor of the New York Stock Exchange (NYSE) in the Financial District in New York City on March 4, 2025. Timothy A. Clary | Afp | Getty Images The April sell-off for financial markets has been wider and more volatile than typical pullbacks, fueling concern that the aggressive and constantly changing […]
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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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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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Unprecedented ‘shock’: Why bond yields may face even more challenges ahead
ETF Edge Unprecedented ‘shock’: Why bond yields may face even more challenges ahead Published Fri, Apr 11 20257:26 AM EDT Krysta Escobar WATCH LIVE Source
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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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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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Stock market posts third biggest gain in post-WWII history on Trump’s tariff about-face
Trader work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters Wednesday’s jaw-dropping stock-market rally on President Donald Trump’s surprising tariff reversal is one for the history books. The S&P 500 skyrocketed 9.52% in a kneejerk reaction to Trump’s announcement to put a 90-day pause on some of the lofty ‘reciprocal’ […]
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Bill Ackman praises Trump’s tariff pause: ‘Thank you on behalf of all Americans’
Bill Ackman, CEO of Pershing Square Capital Management, speaks during an interview for an episode of “The David Rubenstein Show: Peer-to-Peer Conversations” in New York on Nov. 28, 2023. Jeenah Moon | Bloomberg | Getty Images Hedge fund mogul Bill Ackman let out a sigh of relief after President Donald Trump temporarily dropped some of […]
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