U.S. stocks are ripping higher Wednesday after getting a shot of adrenaline from an encouraging update on U.S. inflation. Strong profit reports from Wells Fargo and other big U.S. banks are also ...
For all of Wall Street’s excitement about Donald Trump’s growth agenda, the biggest banks are ending the Biden years on a ...
A move back towards, and below, 5,700 would be the breaking point for stocks as earnings season gets rolling. It would put ...
David Solomon has refocused Goldman on its core skills, while Jane Fraser is still struggling to get Citi into shape.
Atlassian ( TEAM 2.01%) stock enjoyed a modest price bump of 1.7% through 11:30 a.m. ET Wednesday after earlier enjoying a ...
Citigroup Inc. is planning to reserve $600 million for severance payments in 2025 as it continues to trim its workforce and cut expenses, according to Chief Financial Officer Mark Mason.
US stocks jumped at the open after consumer price data showed inflation continues to slow. Strong bank earnings also helped ...
Stocks soared Wednesday as investors digested strong earnings reports from several large financial services companies and highly anticipated inflation numbers that came in softer than expected.
Goldman Sachs ( GS 4.91%), and Citigroup ( C 6.49%) were all higher by 5% or more for the day. There are two main reasons why ...
Shares of the third-largest U.S. lender were last up 5% in premarket trading on Wednesday after Citigroup said its board has ...
JPMorgan’s net income soared 50% to more than $14 billion in the fourth quarter as the bank’s profit and revenue easily beat ...
Goldman Sachs recorded its biggest quarterly profit since the third quarter of 2021, at $4.11 billion, helped by deal fees, ...