Traders work on the floor of the New York Stock Exchange (NYSE) on October 20, 2023 in New York City. Spencer Platt | Getty Images Stock futures ticked higher on Monday morning as traders eagerly awaited the release of corporate earnings from tech industry giants. Futures tied to the Dow Jones Industrial Average rose 49 …
47 Mins Ago 30% of S&P 500 companies are set to report earnings this week Investors are eagerly anticipating the busiest week of earnings season, as 30% of companies in the S&P 500 are scheduled to report. Tech giants Alphabet and Microsoft are set to release earnings after the closing bell on Tuesday. Meta is …
Solar panels at the ENGIE Sun Valley Solar project in Hill County, Texas, on March 1, 2023. Mark Felix | AFP | Getty Images Solar stocks plunged on Friday following a warning from solar product manufacturer SolarEdge that demand in Europe has significantly weakened. This further battered sentiment on the renewable energy sector, which has …
Morgan Stanley Chairman and Chief Executive James Gorman speaks during the Institute of International Finance Annual Meeting in Washington, October 10, 2014. Joshua Roberts | Reuters Morgan Stanley posted third-quarter results Wednesday that exceeded profit estimates due to better-than-expected trading revenue. Here’s what the company reported: Earnings per share: $1.38, compared to the estimated $1.28 …
Brian Moynihan, CEO of Bank of America Heidi Gutman | CNBC Bank of America exceeded expectations for its third-quarter profit due to stronger-than-expected interest income. Here’s what the company reported: Earnings per share: 90 cents vs. the expected estimate of 82 cents from LSEG, which was formerly known as Refinitiv Revenue: $25.32 billion, compared to …
David Solomon, chief executive officer of Goldman Sachs Group Inc., at the Goldman Sachs Financial Services Conference in New York, Dec. 6, 2022. Michael Nagle | Bloomberg | Getty Images Goldman Sachs is scheduled to report third-quarter earnings before the opening bell Tuesday. Here’s what Wall Street expects: Earnings: $5.31 a share, according to LSEG, …
Are you ready to take a risk? Investor and personal finance author Ric Edelman believes it’s a practical strategy to withdraw some investments at the moment. In an interview with CNBC’s “ETF Edge,” Edelman Financial Engines founder Ric Edelman stated, “It comes down to behavioral finance. It comes down to human emotion. Do you have …
Campus politics in America witnessed a significant shift this week when student groups advocating for justice for Palestinians aligned themselves with war crimes. Last Saturday, armed individuals launched a violent attack on Israel, targeting Jews with the intention of causing as much harm as possible. Their actions resembled past pogroms carried out by groups like …
Leon Cooperman at the 2019 Delivering Alpha conference in New York on Sept. 19, 2019. Adam Jeffery | CNBC Billionaire investor Leon Cooperman expresses his bearish stance on the broader stock market, citing the risk of a fiscal crisis that the market is underestimating. Speaking at CNBC’s Financial Advisor Summit, Coopperman stated, “I’m of the …
A customer at Wells Fargo’s San Bruno branch in California uses the ATM on August 8, 2023. Image Source: Justin Sullivan / Getty Images Wells Fargo exceeded expectations from Wall Street in terms of third-quarter earnings and revenue, thanks to the boost from higher interest rates that offset the slowdown in lending activity. Following the …