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.
Schlagwort-Archiv: CNBC
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.
‚Miracle drug‘ euphoria: Experts warn widespread use of weight loss medicine faces major hurdles
Two experts see major challenges facing the adoption of Novo Nordisk and Eli Lilly’s obesity drugs.
Risk-taker’s market? Why it may be practical to take chips off the table
Two market experts tackle the appropriate appetite for risk during market ugliness.
JPMorgan Chase CEO Jamie Dimon warns this is ‚the most dangerous time‘ for the world in decades
The head of the largest U.S. bank by assets cited the ongoing war in Ukraine as well as the attacks Hamas launched on Israel last weekend.
Citigroup stock jumps on better-than-expected revenue for the third quarter
Friday’s report is the first major update since Citigroup announced a new corporate structure in September.
Wells Fargo shares rise after third-quarter results top Wall Street expectations
Wells Fargo surpassed Wall Street expectations for third-quarter earnings and revenue as the benefit from higher interest rates offset declining loan balances.