NEW YORK (AP) — Goldman Sachs said it saw a double digit rise in its first quarter profits on Monday, lifted broadly by the stock and bond markets' performances in the first months of the year. The strong quarter comes after Goldman struggled most of 2023 as higher interest rates put a pause on companies doing deals and mergers. But as executives have adjusted to the new normal and interest rates appear to be heading lower, Goldman has benefitted from the change in attitude. The New...
US stocks endured a difficult week with technology stocks and small caps particularly in the firing line amid disappointing news from the chip sector, escalating tensions in the Middle East and th
UnitedHealth Group, the largest health insurance company in the U.S., was the top performer in S&P 500 Tuesday morning after it reported higher-than expected revenue amid the fallout of a massive cyberattack earlier this year. UnitedHealth stock rose 6% to about $471 on Tuesday, following the insurer’s first quarterly earnings report since hackers targeted is subsidiary Change Healthcare. Change is a healthcare record and payment manager that processes 14 billion transactions a year. “The...
JPMorgan Chase will be watched closely for clues on how banks fared at the start of the year.
U.S. stocks fell sharply following a mixed start to earnings reporting season. The S&P 500 sank 1.5% Friday. The Dow dropped 1.2%, and the Nasdaq composite fell 1.6% from its
U.S. stocks slumped after higher yields in the bond market cranked up the pressure on Wall Street. The S&P 500 fell 1.2% Monday. The Dow Jones Industrial Average slipped 0.7%, and the Nasdaq composite dropped 1.8%. Stocks had been up earlier in the day, rising as oil prices eased. But Treasury yields also spurted higher following the latest report on the U.S. economy to blow past expectations. Financial markets are in an awkward phase where such strength raises hopes for growing profits at...
Investing.com-- US stock index futures edged higher Monday, recovering
Asia stocks are mostly lower as worries about potentially escalating tensions in the Middle East rattle financial markets
Stock market today: Asian stocks track Wall Street's decline as Middle East tensions escalate
HONG KONG (AP) — Asia stocks pulled back on Monday as worries about potentially escalating tensions in the Middle East rattled financial markets, pushing investors to look for safer places for their
LOWELL, Ark., April 16, 2024--J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) announced first quarter 2024 U.S. GAAP (United States Generally Accepted Accounting Principles) net earnings of $127.5 million, or diluted earnings per share of $1.22 versus first quarter 2023 net earnings of $197.8 million, or $1.89 per diluted share.
Citigroup CEO Jane Fraser has finished her sweeping corporate overhaul,