Check out the companies making headlines before the bell: Trump Media & Technology — Shares of the Truth Social parent popped more than 50% following the attempted assassination of former President Donald Trump on Saturday. Some have argued that the attempt could boost the odds of a Trump victory in the November election. Apple —…
David Solomon, Goldman Sachs interview with David Faber, September 7, 2023. CNBC Goldman Sachs is scheduled to report second-quarter earnings before the opening bell Monday. Here’s what Wall Street expects: Earnings: $8.34 per share, according to LSEG Revenue: $12.46 billion, according to LSEG Trading Revenue: Fixed Income of $2.96 billion, Equities of $3.17 billion, per…
Chinese-made cars wait to be loaded onto a ship for export at Yantai Port on July 12, 2024, in Shandong province of China. Vcg | Visual China Group | Getty Images BEIJING — China’s National Bureau of Statistics on Monday said the country’s second-quarter GDP rose by 4.7% year on year, missing expectations of a…
Check out the companies making headlines in midday trading: Wells Fargo — Shares of the San Francisco-based lender dropped nearly 7% after the firm reported a 9% decline in net interest income. Wells Fargo recorded $11.92 billion in net interest income, a key measure of what a bank makes on lending, below the $12.12 billion…
Jane Fraser CEO, Citi, speaks at the 2023 Milken Institute Global Conference in Beverly Hills, California, May 1, 2023. Mike Blake | Reuters Citigroup reported second-quarter earnings before the opening bell Friday. Here’s what the company reported compared with what Wall Street analysts surveyed by LSEG were expecting: Earnings: $1.52 a share, vs. $1.39 a…
Wells Fargo bank signage is seen on Broadway on April 12, 2024 in New York City. Michael M. Santiago | Getty Images Wells Fargo on Friday reported a 9% decline in net interest income, even though its second-quarter earnings and revenue exceeded Wall Street expectations. Here’s what the bank did compared with Wall Street estimates,…
Check out the companies making the biggest moves in premarket trading: Wells Fargo — Shares tumbled 6% after the bank reported $11.92 billion in net interest income for the second quarter, a 9% year-over-year decline . Analysts polled by FactSet were expecting $12.12 billion in net interest income. Wells Fargo also reiterated its full-year forecast…
Jamie Dimon, President & CEO,Chairman & CEO JPMorgan Chase, speaking on CNBC’s Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024. Adam Galici | CNBC JPMorgan Chase CEO Jamie Dimon on Friday issued another warning about inflation despite recent signs of easing in price pressures. “There has been some…
PIctured here is the Qianwen container terminal in the port city of Qingdao, Shangdong, China on July 11, 2024. Cfoto | Future Publishing | Getty Images BEIJING — China’s imports fell in June, missing expectations for slight growth, while exports rose more than expected, customs data released Friday showed. China’s imports fell by 2.3% in…
Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., speaks during an Economic Club of New York (ECNY) event in New York, US, on Tuesday, April 23, 2024. Victor J. Blue | Bloomberg | Getty Images JPMorgan Chase is scheduled to report second-quarter earnings before the opening bell Friday. Here’s what Wall…
