Citigroup topped first-quarter profit and revenue estimates helped by better-than-expected trading results.
Schlagwort-Archiv: Markets
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.
Bed Bath & Beyond posts disappointing results after low inventory hurt business in the holiday quarter
Bed Bath & Beyond is in the middle of a turnaround effort and has been under pressure from an activist investor.
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.
Delta forecasts a quarterly profit as travelers keep flying despite higher fares, helping offset surging fuel costs
Delta said it expects a pretax profit in the second quarter and that it will restore capacity to 84% of 2019 levels.
In the U.S., consumers are paying more for everything. In China, the inflation problem is very different
Persistent inflation in China narrows the window for when the People’s Bank of China can cut rates and support growth, economists said.