Goldman Sachs reports earnings before market open — here’s what the Street expects

[ad_1] David Solomon, Chairman & CEO Goldman Sachs, speaking on CNBC’s Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024. Adam Galici | CNBC … Read More

Citigroup tops estimates for first-quarter revenue on better-than-expected Wall Street results

[ad_1] Citigroup on Friday posted first-quarter revenue that topped analysts’ estimates, helped by better-than-expected results in the bank’s investment banking and trading operations. Here’s how the company performed, compared with … Read More

JPMorgan Chase tops expectations on trading results, lower-than-expected credit costs

[ad_1] Jamie Dimon, President and CEO of JPMorgan Chase, speaking on CNBC’s “Squawk Box” at the World Economic Forum Annual Meeting in Davos, Switzerland, on Jan. 17, 2024. Adam Galici … Read More

What to expect from bank earnings as high interest rates pressure smaller players

[ad_1] Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., February 7, 2024. Brendan Mcdermid | Reuters The benefits of scale will … Read More

Move over, ‘Big Tech’ — this strategist says ‘old economy’ industrial and energy names will win in 2024

[ad_1] The stock market is starting to show signs of a “leadership rotation,” meaning that some previously overlooked sectors hold promising investment opportunities — including some notably “old economy” stocks … Read More

Disney’s largest shareholder Vanguard reportedly backing management over Peltz in board fight

[ad_1] Bob Iger, CEO of The Walt Disney Company, speaks during the grand opening ceremony of Shanghai Disney Resort’s Zootopia-themed attraction at Shanghai Disney Resort on December 19, 2023 in … Read More

BlackRock says bitcoin will be a good portfolio diversifier despite its recent rally with stocks

[ad_1] Bitcoin is more like digital gold than a so-called “risk-on” asset, according to Robert Mitchnick, BlackRock’s digital assets lead. For years, bitcoin’s ability to behave in different ways at … Read More

Banks are in limbo without a crucial lifeline. Here’s where cracks may appear next

[ad_1] Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., February 7, 2024. Brendan Mcdermid | Reuters The forces that consumed three … Read More