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Citigroup tops estimates for first-quarter revenue on better-than-expected Wall Street results

Citigroup on Friday posted first-quarter revenue that topped analysts’ estimates, helped by better-than-expected results in the bank’s investment banking and…
Finance

Stocks making the biggest moves before the bell: JPMorgan, BlackRock, Globe Life and more

Finance

Wells Fargo earnings top estimates even as lower interest income cuts into profits

Wells Fargo on Friday reported first-quarter earnings and revenue that beat Wall Street expectations, despite a decline in net interest…
Finance

JPMorgan Chase shares drop after bank gives disappointing guidance on 2024 interest income

JPMorgan Chase on Friday posted profit and revenue that topped Wall Street estimates as credit costs and trading revenue came…
Finance

Physical gold offers more protection than mining stocks, says State Street’s George Milling-Stanley

Investors looking to weather a volatile market may want to opt for physical gold over gold stocks. That’s according to…
Finance

What to expect from bank earnings as high interest rates pressure smaller players

The benefits of scale will never be more obvious than when banks begin reporting quarterly results on Friday. Ever since…
Finance

Stocks making the biggest moves midday: CarMax, Nike, Paramount, Fastenal and more

Finance

Stocks making the biggest premarket moves: Nike, CarMax, Robinhood, Alpine Immune Sciences and more

Finance

Goldman Sachs promotes head of strategy and investor relations, Carey Halio, to global treasurer

Carey Halio, Goldman Sachs’ head of strategy and investor relations, is getting promoted to global treasurer at the bank, according…
Finance

‘Lose-lose situation’: New Swiss bank laws could derail UBS’ challenge to Wall Street giants

Switzerland’s tough new banking regulations create a “lose-lose situation” for UBS and may limit its potential to challenge Wall Street…