Goldman Sachs misses revenue estimates after taking $470 million hit on Marcus loans
Goldman Sachs posted first-quarter results Tuesday that missed analysts’ expectations for revenue after taking a $470 million hit tied to…
Stocks making the biggest moves before the bell: JPMorgan Chase, Wells Fargo, PNC, Lucid, Express & more
Check out the companies making headlines in premarket trading. JPMorgan Chase – The banking behemoth popped more than 5% after…
JPMorgan Chase posts record revenue on higher interest rates; shares jump 7%
JPMorgan Chase posted record first-quarter revenue on Friday that topped analysts’ expectations as net interest income surged almost 50% from…
Warren Buffett says we’re not through with bank failures
Investing legend Warren Buffett believes there could be more bank failures down the road, but depositors should not ever be…
Stocks making the biggest moves premarket: Shopify, Global Payments, MongoDB and more
Check out the companies making headlines before the bell Wednesday. Shopify — Shares of the e-commerce company gained 2.4% after…
Investors believe the stock market is set for losses, and cash is best safe haven, CNBC survey shows
Wall Street investors believe the stock market is headed for losses after a positive first quarter, seeing cash as the best…
Stocks making the biggest moves midday: Bed Bath & Beyond, EVgo, UBS and more
Check out the companies making headlines in midday trading. Bed Bath & Beyond – Shares of the home goods retailer…
Deposit drain from smaller banks into financial giants like JPMorgan Chase has slowed, sources say
The surge of deposits moving from smaller banks to big institutions including JPMorgan Chase and Wells Fargo amid fears over…
Silicon Valley Bank collapse was ‘Lehman moment for technology,’ top Goldman Sachs deal-maker says
The collapse of Silicon Valley Bank was a “Lehman moment” for the technology industry, according to a top Goldman Sachs…
Goldman Sachs is using ChatGPT-style A.I. in house to assist developers with writing code
Goldman Sachs is experimenting with generative AI tools internally to help its developers automatically generate and test code, the company’s…
