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

Biotech stocks are ready to break out. They just need one more thing

[ad_1] While debate rages on about when the Federal Reserve might start cutting interest rates, biotech industry analysts are making the case that the argument for stocks in the sector … 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

This winning sector could see even more upside once the Fed starts cutting rates, according to State Street

[ad_1] Homebuilding stocks have reached new highs this year, and State Street’s Matthew Bartolini sees more upside in store when the Federal Reserve begins cutting rates. “The thesis just comes … Read More