Bank of America was supposed to be one of the big beneficiaries of higher interest rates. Instead, the stock has been the worst performer among peers this year.
Kategorie-Archiv: CNBC Financial News
Top economists unanimous on ‚higher for longer‘ rates as inflation threats linger
Top economists and central bankers appear to be in agreement on one thing — and it’s not a good thing for global markets.
Goldman Sachs tops estimates on stronger-than-expected bond trading
While Goldman Sachs has made efforts under CEO David Solomon to diversify its revenue stream, it is Wall Street that powers the company.
Lucid shares fall after third-quarter EV deliveries disappoint
Lucid’s third-quarter deliveries fell short of Wall Street expectations
Goldman Sachs tops estimates on stronger-than-expected bond trading
While Goldman Sachs has made efforts under CEO David Solomon to diversify its revenue stream, it is Wall Street that powers the company.
Bank of America tops profit estimates on better-than-expected interest income
Bank of America was supposed to be one of the big beneficiaries of higher interest rates. Instead, the stock has been the worst performer among peers this year.
Johnson & Johnson beats on earnings and hikes outlook as medtech, pharmaceutical sales surge
It marks J&J’s first quarterly results since the company completed the separation from its consumer health spinoff Kenvue in August.
The UK Labour Party has a Biden-esque economic plan — but it’s very different to Bidenomics
The U.K.’s main opposition Labour Party has set out an economic plan it hopes will propel it to power — and the trans-Atlantic parallels were clear.
African ambassador criticizes IMF, World Bank for not giving enough loans
An ambassador of an African country to China has criticized the International Monetary Fund and the World Bank for restrictive lending policies.
Top Wall Street analysts believe in the long-term potential of these stocks
TipRanks‘ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Amazon and Meta.