Wells Fargo shares rise after third-quarter results top Wall Street expectations
Wells Fargo on Friday surpassed Wall Street expectations for third-quarter earnings and revenue as the benefit from higher interest rates…
China gives Ehang the first industry approval for fully autonomous, passenger-carrying air taxis
BEIJING — Self-driving air taxis are one step closer to reality in China. Guangzhou-based Ehang on Friday said it received…
Microsoft’s $69 billion Activision Blizzard takeover approved by UK, clearing way for deal to close
Britain’s top competition watchdog on Friday gave the green light to Microsoft’s proposed $69 billion takeover of gaming firm Activision…
China’s exports and imports drop again in September
BEIJING — China reported a smaller-than-expected decline in exports in September from a year ago, while imports missed, according to…
JPMorgan Chase tops profit expectations on higher rates, benign credit
JPMorgan Chase on Friday topped analysts’ estimates for third-quarter profit and revenue as the bank generated more interest income than…
Interest rates take center stage with banks set to report quarterly results
Bank stocks remain under pressure due to high interest rates as financial firms like Club holdings Wells Fargo (WFC) and…
Bank earnings kick off with JPMorgan, Wells Fargo amid concerns about rising rates, bad loans
American banks are closing out another quarter in which interest rates surged, reviving concerns about shrinking margins and rising loan…
Leon Cooperman expects very little from the market and is only interested in individual stocks
Billionaire investor Leon Cooperman said he remains a bear with little interest in the broader stock market, partly because it’s underestimating the…
