Netflix is set to report first-quarter earnings after the bell Thursday.
JPMorgan Chase & Co., Wells Fargo & Co. and Citigroup Inc. have all drawn downward revisions to their first-quarter profit estimates from Wall Street analysts as they prepare to update investors with their latest results. A small drop in loan activity may take a bite out of profits, while a rise in
JPMorgan Chase will be watched closely for clues on how banks fared at the start of the year.
Local bank branches see artificial intelligence as a way to more effectively compete against Wall Street giants for customers.
Altus Wealth Group LLC acquired a new position in shares of Bank of America Co. (NYSE:BAC) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 11,876 shares of the financial services provider’s stock, valued at approximately $400,000. Several other institutional investors and hedge funds also recently […]
Switzerland's new banking regulations create a "lose-lose situation" for UBS and may limit its potential to challenge Wall Street, says Beat Wittmann of Porta Advisors.
Scandal Rocks Biden's Labor Dept For Lying About Sharing Non-Public Inflation Data With Secret Group Of Wall Street "Super Users" A little over a month ago, a scandal erupted among the (relatively small( group of economists who keep a close eye on the monthly inflation data reported by the Biden Department of Labor, when they learned that there is an even smaller, and much more exclusive group of economists called "super users" who get preferential treatment from the BLS, including...
Joe Biden and the Democrats are perplexed. They look at the numbers and think the economy is going well and cannot figure out why the President’s approval rating is so low. Yet they are looking at the economy from 1600 Pennsylvania Avenue, a street far removed from all the other streets in the United States. More
Doha, Qatar: Six Qatari banks have been ranked among 30 Most Valuable Banks 2024 list in the Middle East by Forbes magazine. The list includes QN
Kansas Attorney General Kris Kobach is sending a letter to Bank of America's CEO seeking answers. His letter was co-signed by officials from a dozen Republican-led states. It details how the bank appears to discriminate against Christians. Read More: House Republicans reveal federal government probe into consumers' transactions containing terms 'MAGA' and 'Trump'
Will Bank of America follow rivals in posting better-than-expected Wall
'Retaliation Risk' - What Wall Street Thinks Ahead Of Market Open The first actual 'market' response we have seen to Iran's attack on Israel is in crypto, which saw - rather intriguingly - a huge puke as the drones/missiles flew, and then some comeback as the impact of the attack seemed marginal at worst (and for now retaliation remains muted) Source: Bloomberg But, this afternoon is when things will really heat up as FX and futures markets open, with much riding on whether...