Harris’ Wall Street allies strategize on private call, Rubin, Lasry, Wolf among them
Vice President Kamala Harris’ allies on Wall Street huddled on a private Zoom call Wednesday to strategize how to defeat…
Warren Buffett’s Berkshire trims Bank of America stake for the first time since 2019 after strong rally
Berkshire Hathaway trimmed its gigantic Bank of America holding for the first time in 4½ years following the bank’s strong…
‘Just buying, buying, buying’: What the recent small-cap boom suggests about the appetite for risk
The money flow into small caps may not be a rotation from winning growth trades. Dave Nadig, ETF journalist and…
Small caps are the hottest trade going in the stock market now and they surged another 3% Tuesday
Small-cap stocks are on a tear right now as they took the baton from megacap technology shares last week to…
Morgan Stanley tops estimates on stronger-than-expected trading and investment banking
Morgan Stanley said second-quarter profit and revenue topped analysts’ estimates on stronger-than-expected trading and investment banking results. Here’s what the…
Bank of America shares jump 5% after saying net interest income rebound is coming
Bank of America on Tuesday said second-quarter revenue and profit topped expectations on rising investment banking and asset management fees.…
Goldman Sachs tops estimates on better-than-expected fixed income trading
Goldman Sachs said Monday that it topped profit and revenue estimates on better-than-expected fixed income results and smaller-than-expected loan loss…
JPMorgan’s Jamie Dimon warns inflation and interest rates may stay higher
JPMorgan Chase CEO Jamie Dimon on Friday issued another warning about inflation despite recent signs of easing in price pressures.…
Wells Fargo shares tumble after net interest income falls short of estimates
Wells Fargo on Friday reported a 9% decline in net interest income, even though its second-quarter earnings and revenue exceeded…
