Friday’s wave of big-bank earnings gives an important glimpse into Americans’ finances amid high prices, rising interest rates and recession worries. At first glance, most consumers appear to be keepi...
Tag: Earnings
UnitedHealth Stock Active After Q4 Earnings Beat, Forecast Repeat
Updated at 3:34 pm EST UnitedHealth Group (UNH) – Get Free Report posted better-than-expected fourth quarter earnings Friday, powered once again by double-digit revenue gains from its Optum div...
Intel Earnings: Using A Straddle To Bet On Larger-Than-Expected Move
Chip giant Intel (INTC) will report its fourth-quarter earnings on Jan. 26. The options market is currently implying a move of 7% on Intel’s earnings, less than the 7.6% average Intel has moved ...
Take profits on Starbucks after its huge run, and check out these 3 other stocks
In Friday’s “Morning Meeting,” we dug into our inbox and found an excellent question raised by a member of the Investing Club. Starbucks – like Halliburton – has had a nice run latel...
Should you buy JPMorgan stock after its Q4 earnings?
JPMorgan Chase & Co (NYSE: JPM) reported market-beating results for its fourth financial quarter on Friday. Shares are still down on muted guidance. JPMorgan stock upgraded to ‘buy’ The largest U....
Recession Now Seems More Likely Than Not—Here’s What Big Bank Earnings Revealed About The Economy
Topline Fourth-quarter earnings season kicked off Friday morning with a slew of big banks reporting a mixed bag of results—with some doing better than expected while others saw profits cut in half ami...
Wells Fargo WFC Q4 earnings 2022
People walk past a Wells Fargo bank on 14th Street on December 20, 2022 in New York City. Michael M. Santiago | Getty Images Wells Fargo shares came under pressure Friday after the bank reported shri...
Citigroup’s fourth-quarter profit declines by 21% as bank sets aside more money for credit losses
Citigroup said it had identified the cause of the flash crash and corrected the error “within minutes.” Jim Dyson | Getty Images News | Getty Images Citigroup said fourth-quarter net incom...
Delta Air Lines (DAL) earnings Q4 2022
Delta Air Lines Airbus A330neo or A330-900 aircraft with neo engine option of the European plane manufacturer, as seen departing from Amsterdam Schiphol AMS EHAM International airport. Nicolas Economo...
Bank of America (BAC) Q4 earnings 2022
Brian Moynihan, CEO, Bank of America Scott Mlyn | CNBC Bank of America reported fourth-quarter results on Friday that showed higher interest rates helped the Wall Street giant make up for a sharp slow...
Stocks Higher, JPMorgan, Tesla, Boeing, Delta – 5 Things To Know
Five things you need to know before the market opens on Friday January 13: 1. — Stock Futures Drift Higher, Yields Slide, With Earnings On Deck U.S. equity futures edged edged higher Friday, whi...
JPMorgan Reports Earnings Friday. Here’s What to Expect.
JPMorgan Chase will be one of the first big banks to report fourth-quarter 2022 financial results on Friday, and Wall Street expects a mixed bag. Revenue at the bank is forecast to swell to $34.5 bill...
Citigroup Reports Earnings Friday. Here’s What Wall Street Expects.
Citigroup is in the midst of a yearslong turnaround. On Friday, Wall Street will see how successful the bank’s efforts have been. Like most of its peers, Citigroup (ticker: C) is expected to post a dr...
Hanesbrands stock rallies on hiked outlook
Hanesbrand Inc.’s HBI, -1.00% stock rallied in the extended session Thursday after the apparel company hiked its outlook, and announced a search for a new chief financial officer. Hanesbrands shares m...
JPMorgan Chase (JPM) earnings 4Q 2022
Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing, and Urban Affairs Committee hearing titled Annual Oversight of the Nations Largest Banks, in Hart Building on Thursday...
Dow Jones Futures Fall After S&P 500 Hits Resistance; JPMorgan, UnitedHealth Earnings On Tap
Dow Jones futures fell slightly overnight, along with S&P 500 futures and Nasdaq futures. Big earnings from JPMorgan, Bank of America, UnitedHealth, Delta Air Lines and more are on tap Friday morn...
Bank of America Posts Earnings Friday. What Wall Street Expects.
Higher interest rates are expected to drive up Bank of America ‘s fourth-quarter revenue, even as the bank is projected to see a drop in profits. Bank of America (ticker: BAC) is forecast to post reve...
Algonquin Power to cut dividend by 40%, provides downbeat profit outlook
Shares of Algonquin Power & Utilities Corp. AQN, -4.26% AQN, -4.67% turned lower to fall 2.2% in premarket trading Thursday, after the utility company said it was taking “decisive actions” to stre...
Lucid (LCID) 2022 EV production exceeds expectations
With 1,050 horsepower, the new Grand Touring Performance edition becomes the most powerful version of Lucid’s electric Air sedan. Lucid Motors Electric luxury vehicle maker Lucid Group said it p...
PPL plans dividend hike, to boost yield to 3.2%
PPL Corp. PPL, +2.09% said Wednesday that it plans to raised it quarterly dividend by 6.7%, to 24 cents a share. Based on Tuesday’s closing price of the electricity generation and transmission company...
Taiwan Semiconductor Braces for Downturn Despite Record Profit
Taiwan Semiconductor Manufacturing has reported a record net profit and beat analysts’ expectations for its fourth quarter but warned of waning demand in 2023. Taiwan Semiconductor (ticker: TSM), the...
Taiwan Semiconductor Manufacturing reports record net profit and revenue on chip demand
Taiwan Semiconductor Manufacturing Co. said Thursday that fourth-quarter net profit rose to a new record thanks to growing demand for high-speed computing and better margins. The world’s largest contr...
Top Dividend Stock: Gilead Sciences Nears Buy Point Ahead of Earnings
IBD’s Income Investor highlights top dividend stocks. This week, we look at Gilead Sciences (GILD) as the drug giant nears a buy point amid continued stability and a growing dividend. X Gilead ...
Morgan Stanley’s Mike Wilson issues correction warning
Morgan Stanley’s Mike Wilson is telling investors to brace for a winter downdraft. He warns S&P 500 is vulnerable to a 23% drop — bringing it to 3,000. “Even though a majority of insti...
Delta Air Lines Earnings Set To Soar Nearly 500% As Consumers Prioritize ‘Experiences’
Delta Air Lines (DAL) prepares to report fourth-quarter earnings early Friday, after raising its Q4 guidance and giving bullish 2023 outlook in mid December, on the back of robust travel demand. DAL s...
Jim Cramer’s 5 rules for earnings season
CNBC’s Jim Cramer on Tuesday went over a list of do’s and don’ts for investors ahead of a busy period of earnings. The upcoming earnings season, which kicks off this week, features q...
Mercedes and Other European Car Markers Are Aiming for Tesla
Mercedes-Benz Group more than doubled sales of battery electric vehicles this past year. That’s just a start. The company, and its European peers, want to sell a lot more. Tesla had better pay attenti...
Bed Bath & Beyond (BBBY) Q3 2023 earnings
A man is seen at a Bed Bath & Beyond store in New York, on Jan. 5, 2023. Ziyu Julian Zhu | Xinhua News Agency | Getty Images Bed Bath & Beyond on Tuesday posted wider quarterly losses than exp...
How Much Will Bank Stocks Move On Earnings? Draw Estimates With Option Prices
Earnings season kicks off this week with banks starting to report earnings on Friday before the market opens. X We have Citigroup (C), Bank of America (BAC), Wells Fargo (WFC), JPMorgan Chase (JPM) an...
Bed Bath & Beyond jumps 12%. What holds for the stock ahead of earnings
Shares of Bed Bath & Beyond Inc. (NASDAQ:BBBY) rose by 12% on Tuesday after closing 23% higher the previous day. The gains come ahead of a key earnings report, expected on January 10 before market...
XPeng stock falls after J.P. Morgan says stop buying
Shares of XPeng Inc. fell Wednesday, after J.P. Morgan backed away from its bullish call on the China-based electric vehicle maker, saying the COVID-related reopening trade has been overdone. Analyst ...