JPMorgan is developing a ChatGPT-like A.I. service that gives investment advice
JPMorgan Chase is developing a ChatGPT-like software service that leans on a disruptive form of artificial intelligence to select investments…
Chinese consumers won’t return to pre-Covid spending soon — a problem for Starbucks, Morgan Stanley says
BEIJING — Chinese consumer spending won’t return to pre-Covid levels anytime soon, a problem for international brands such as Starbucks,…
Goldman Sachs is cutting jobs again amid Wall Street deals slump
Goldman Sachs is preparing for its third round of layoffs since September as Wall Street firms adjust to a slump…
Stocks making the biggest moves midday: Uber, Chegg, Dell, PacWest, SoFi & more
Check out the companies making headlines in midday trading. Uber — Shares of the ride-hailing giant jumped 11.6% after the…
Wall Street is cutting more jobs as Morgan Stanley plans 3,000 layoffs
As Wall Street’s slump in IPOs and mergers deepens this year, top advisory firms including Morgan Stanley, Bank of America…
Stocks making the biggest moves premarket: United Airlines, Netflix, Morgan Stanley and more
Check out the companies making headlines before the bell. United Airlines — The airline lost 0.9% in the premarket after…
Morgan Stanley tops estimates on better-than-expected bond trading revenue
Morgan Stanley on Wednesday topped estimates for first-quarter profit and revenue on better-than-expected trading results. Here’s how the company did:…
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…
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…
This Friday could hold the key to our bank stocks and the direction of the market for weeks
The countdown is on. Earnings season is set to kick off Friday with the banks, one of ours among them.…
