Wells Fargo & Co
Bank of America is set to report fourth-quarter earnings – here’s what to expect
Brian Moynihan, Chairman and CEO of Bank of America, speaks with Economic Club of Washington Chair David Rubenstein at an event at the Ritz-Carlton on February 25, 2025 in Washington, DC. Anna Moneymaker | Getty Images Bank of America is scheduled to report fourth-quarter earnings before the opening bell Wednesday. Here’s what Wall Street expects: […]
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Stock futures are flat as traders look ahead to more bank earnings: Live updates
A trader works on the floor of the New York Stock Exchange. NYSE Stock futures were little changed Tuesday night after the S&P 500 pulled back from record levels seen earlier in the week. Futures tied to the Dow Jones Industrial Average shed 40 points, or nearly 0.1%. S&P 500 futures were marginally lower, as were […]
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The market’s Powell reaction, JPMorgan earnings, Siri’s AI upgrade and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Tuesday. Nothing quite says the holidays are over like the beginning of a new corporate earnings season. Stock futures are ticking lower this morning following a winning day. Here are five key things investors need to know to start the trading […]
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JPMorgan Chase is set to report fourth-quarter earnings – here’s what the Street expects
Key Points JPMorgan Chase reports fourth-quarter earnings before the market open Tuesday. Wall Street expects earnings of $5 a share and revenue of $46.2 billion, according to LSEG. JPM executives will host a call with analysts at 8:30 a.m. ET. Source
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Trump targets credit card rates. What’s at stake for Capital One and other banks
Capital One shares dropped more than 6% on Monday after President Donald Trump targeted a key way that our favorite credit card issuer makes money. The weakness in Capital One followed Trump’s call for a one-year, 10% cap on credit card rates to take effect on Jan. 20. In his Truth Social post late Friday […]
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Stocks making the biggest moves midday: Citigroup, Abercrombie, Vistra, Duolingo and more
Check out some of the companies making the biggest moves in midday trading. Bank stocks — The group fell broadly after President Donald Trump called for credit card rates to be capped at 10% for one year . Capital One slid 6%, Synchrony Financial tumbled 8% and Citigroup dropped 3%. Bank of America , Wells […]
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Trump’s credit card rate cap plan has unclear path, ‘devastating’ risks, bank insiders say
Key Points Trump proposed a one-year 10% cap on the interest rates that American credit card companies can charge customers. Shares of Citigroup, JPMorgan Chase, Wells Fargo, Bank of America, Visa, Mastercard, American Express and Capitol One fell in response. It’s unclear how the cap would be enforced, and bank industry insiders say it would […]
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Powell’s criminal investigation, Google’s AI shopping push, Boeing deliveries and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Monday. I find myself at an impasse trying to decide what to write in this intro. As someone who’s committed to their skincare routine, I should write about this story on the latest men’s beauty trend. But as a Michigan native, […]
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Stocks making the biggest moves premarket: Capital One, Affirm, Walmart, Akamai, Sun Country & more
Check out the companies making the biggest moves before the bell: Bank stocks — The group fell broadly after President Donald Trump called for credit card rates to be capped at 10% for one year . Citigroup dropped 4%, while Capital One slid nearly 10%. Bank of America , Wells Fargo and JPMorgan Chase were […]
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JPMorgan’s looming question: What happens when CEO Jamie Dimon leaves?
As Wall Street’s top bankers huddled in New York last month, preparing to convince Elon Musk’s SpaceX that they should be chosen to lead its upcoming IPO, one firm wasn’t letting its star advisor miss the bake-off. Among the squad of JPMorgan Chase investment bankers flying 2,500 miles west to California to pitch SpaceX was […]
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