Citigroup topped first-quarter profit and revenue estimates helped by better-than-expected trading results.
Kategorie-Archiv: CNBC Financial News
Morgan Stanley earnings top estimates fueled by trading revenue gains
Morgan Stanley saw stronger-than-expected revenue from equity and fixed-income trading amid volatile markets.
Wells Fargo shares fall as quarterly revenue misses estimates on weaker-than-expected mortgage lending
Wells Fargo on Thursday reported lower-than-expected first-quarter revenue amid a drop in mortgage lending.
Goldman Sachs tops analyst estimates as trading desks crush expectations amid surging volatility
Goldman seems to have exceeded other Wall Street firms in benefiting from the sudden market upheaval caused by the Ukraine conflict.
Citigroup tops earnings estimates on better-than-expected trading revenue
Citigroup topped first-quarter profit and revenue estimates helped by better-than-expected trading results.
Rent the Runway CEO sees inflation as a competitive advantage for the company
On Wednesday, the fashion rental platform reported fiscal fourth-quarter revenue ahead of analysts‘ estimates along with a narrower-than-expected loss.
JPMorgan Chase reports $524 million hit from market dislocations caused by Russia sanctions
JPMorgan said Wednesday that first-quarter profit fell because of increased costs tied to bad loans and market upheaval caused by the Ukraine war.
Stocks rise as earnings reporting season kicks off
Investors shook off more surging inflation numbers, and lackluster quarterly earnings data from JPMorgan.
Concerned about inflation? Here’s why stock investors should stay the course, says Ritholtz COO
Nick Maggiulli, chief operating officer at Ritholtz Wealth Management, believes investors would be better off by continually investing over time.
Stocks making the biggest moves midday: Chipotle, PG&E, Marathon Oil and CarMax
These are the stocks posting the largest moves in midday trading.