Investors have a full plate ahead of them today that includes a helping of corporate earnings as the September quarter earnings season gets underway and the two high profile events that are Apple’s (AAPL) “Hi, Speed” event and Amazon’s (AMZN) 2020 Prime Day event.
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Citigroup earnings top Street estimates as credit costs from the pandemic stabilize
„We continue to navigate the effects of the COVID-19 pandemic extremely well. Credit costs have stabilized; deposits continued to increase,“ CEO Michael Corbat said.
CEO of world’s biggest money manager sees ‚more to go on the upside‘ for the stock market
„We have a strong conviction that the average investor still is under-invested,“ BlackRock CEO Larry Fink told CNBC.
JPMorgan beats analysts’ profit estimates as the bank sets aside less for loan losses
JPMorgan Chase posted earnings that beat analysts‘ estimates for the top and bottom lines.
‚Get long‘ — Cramer sees coronavirus trends driving stocks higher no matter who wins election
„There are enough trends out there, established by Covid, that just say, ‚Get long. And the No. 1, of course, is the internet just plowing through,“ CNBC’s Jim Cramer said on Monday.
Stocks making the biggest moves premarket: Johnson & Johnson, Blackrock, JPMorgan Chase
These are the stocks posting the largest moves before the bell.
Citigroup earnings top Street estimates as credit costs from the pandemic stabilize
„We continue to navigate the effects of the COVID-19 pandemic extremely well. Credit costs have stabilized; deposits continued to increase,“ CEO Michael Corbat said.
JPMorgan beats analysts’ profit estimates as the bank sets aside less for loan losses
JPMorgan Chase posted earnings that beat analysts‘ estimates for the top and bottom lines.
China says exports and imports hit record highs in September
China’s imports surged 13.2% in U.S. dollar-terms in September, while exports rose 9.9%.
Virus aid uncertainty will likely burn short-term investors, Bryn Mawr’s Jeff Mills warns
Bryn Mawr’s Jeff Mills warns it’s too difficult to determine the economic recovery’s path.