Morgan Stanley reported a 51% increase in profit to $3.39 billion, or $1.81 per share, compared with the $1.27 estimate by Wall Street analysts.
TikTok owner ByteDance launches payments in China as it pushes into fintech and e-commerce
ByteDance has launched a new payment services within Douyin, the Chinese sister app of TikTok.
‚Unintended consequences‘ from massive stimulus worry long-time bull Jim Paulsen
The Leuthold Group’s Jim Paulsen is concerned government policies designed help the economy will spark sharp inflation.
Stock futures rise ahead of Biden’s inauguration, Netflix and Morgan Stanley gain on results
Biden will succeed President Donald Trump as the 46th president of the United States shortly after noon ET.
Morgan Stanley beats estimates on better-than-expected Wall Street and wealth management results
Morgan Stanley reported a 51% increase in profit to $3.39 billion, or $1.81 per share, compared with the $1.27 estimate by Wall Street analysts.
P&G raises forecast after earnings top expectations, fueled by 8% jump in sales
Procter & Gamble raised its fiscal 2021 forecast for the second consecutive quarter.
Netflix shares rise on strong subscriber growth, considers share buybacks
The company said it is close to being free cash flow positive and will consider returning cash to shareholders through buybacks.
Schwab earnings top estimates in first report since TD Ameritrade merger, accounts near 30 million
Schwab now operates nearly 29.6 million brokerage accounts. Assets grew to a record $6.69 trillion at the end of 2020.
Goldman Sachs crushes analysts‘ estimates on stronger-than-expected stock trading, investment banking
Goldman equities traders produced a 40% bump in revenue from a year earlier to $2.39 billion, exceeding expectations by nearly half a billion dollars.
US MBA mortgage applications w.e. 15 January -1.9% vs +16.7% prior
Latest data from the Mortgage Bankers Association for the week ending 15 January 2021
– +16.7%
– Market index 946.8 vs 965.2 prior
– Refinancing index 4,484.2 vs 4,706.3 prior
The drop in the overall market index comes from a larger decline in refinancing activity, meanwhile purchases surged higher once again as the housing market continues to keep more
– +16.7%
– Market index 946.8 vs 965.2 prior
– Refinancing index 4,484.2 vs 4,706.3 prior
The drop in the overall market index comes from a larger decline in refinancing activity, meanwhile purchases surged higher once again as the housing market continues to keep more