One of the most dangerous moments in any hurricane is when the eye passes. Gale winds give way to calm, tempting those hunkering down to come out and assess the damage only to find that more of the st...
Tag: JPMorgan Chase &
What Kim Kardashian And Kanye West Can Tell Us About Financial Market Regulation
Hand is turning a dice and changes the direction of an arrow symbolizing that the value of the … [+] crypto currency Ethereum (ETH) is going up (or vice versa) getty The week after the Securitie...
Goldman Sachs Smashes Earnings Estimates. Are Bank Boom Times Back?
Key Takeaways Goldman Sachs has beat earnings forecast substantially with earnings per share hitting $8.25 against predictions of $7.51. They’re the latest bank to announce big earnings beats as risin...
Mastercard Is Bringing Crypto Trading To Your Bank
Customers will soon be able to purchase crypto with their bank thanks to a deal with Mastercard and … [+] crypto trading platform Paxos. getty Key takeaways Mastercard is launching a program to ...
The Stock Market Rebound Fizzled. Why a Real Bottom Could Be Forming Soon.
Investors seemingly can’t stop trying to pick a stock market bottom, no matter how bad the news—and it continues to backfire. The day for a real bounce, however, may be coming soon. Consider: This pas...
Citigroup Reports Earnings Friday. What to Expect.
Wall Street will be looking for more signs of Citigroup turnaround when the bank posts third-quarter results Friday. Like all banks, Citigroup (ticker: C) has faced challenges this year as it has had ...
JPMorgan Report Earnings Today. What to Expect.
JPMorgan Chase will kick off the third-quarter profit-reporting for the big banks on Friday, and Wall Street is looking ahead to the numbers with tempered expectations. Speaking at a CNBC conference t...
Bank Earnings Season Starts Next Week: Remember To Breathe!
Big bank earnings could cause significant market volatility next week. Photo by Spencer Platt. Getty Images Four of the United States’ largest globally systemically important banks (GSIBs) are reporti...
PVC Prices Are Falling. Why Warren Buffett Should Be Worried.
One thing leads to the other. Rising interest rates pummel housing. Lumber prices fall, some 60% this year. And, notes energy research firm and investment bank Tudor Pickering Holt, PVC—the plastic th...
Bank Stocks Have Gotten Slammed. Here Are 4 Worth a Look Ahead of Earnings.
Another bank earnings season is coming upon us, and no one is feeling too excited. Yet excitement isn’t what makes stocks like Citizens Financial Group and M&T Bank attractive. Make no mistake, ba...
Bitcoin Could Hit $500,000 in Next Decade, Says MicroStrategy’s Michael Saylor
Text size Bitcoin prices have plunged this year. Yuri Cortez/AFP/Getty Images Bitcoin could reclaim its November 2021 all-time high by 2026 and surge even higher if its valuation fundamentals change, ...
Big Regional Banks Might Face New Rules for Dealing With a Crisis
WASHINGTON—A group of President Biden-appointed bank regulators are considering new rules to require large regional banks to add to financial cushions that could be called on in times of crisis. The s...
This Is a Good Time to Buy Short-Term Bonds
Until recently, short-term bonds were a yield wasteland: A two-year Treasury note yielded 0.21% a year ago and just 1% in January. Today, the yield is over 3.8% and could soon touch 4%, thanks in good...
Interest Rates Are Going Up. These 11 Banks Will Benefit.
Text size Bank of America is among the lenders that RBC says are especially well positioned for the current environment. Dominick Reuter/AFP via Getty Images Bank stocks—one of the few immediate benef...
Bed Bath & Beyond Clinches Loan Deal
Bed Bath & Beyond Inc. has found a financing source to shore up its liquidity as it tries to weather recent missteps, according to people familiar with the matter. The company on Tuesday told pros...
How to Invest During a Bear Market: 6 Tips
If you’re new to the stock market, you’ve probably had a rude awakening: The value of your investments has declined in the past few months. While that may be worrisome, don’t panic. A bear market—defi...
JP Morgan, Other Banks Are Strong Financially. Why Earnings Don’t Reflect It.
Text size Wells Fargo added $8.4 billion to reserves in the second quarter of 2020, released $1.6 billion a year later, and added $580 million in the most recent quarter. Michael M. Santiago/Getty Ima...
Jeremy Siegel on Why Today’s Inflation Is Different From the 1970s
Illustration by Elias Stein Text size This isn’t a rerun of the 1970s, argues Jeremy Siegel, the author of the seminal Stocks for the Long Run and a professor emeritus of finance at the University of ...
The Wing CEO Exits After Five Months in Top Job
The chief executive of women-focused co-working company the Wing, Jen Cho, has left the company after fewer than six months in the role. Ms. Cho declined to comment on her reasons for leaving the comp...
Dow Plunges 600 Points After ‘Underwhelming’ JPMorgan, Morgan Stanley Earnings As Investors Fear Even Bigger Rate Hikes
Topline The stock market plunged on Thursday as several big banks kicked off earrings season with disappointing results and warnings about the economy, while investors continue to worry that surging i...
JPMorgan Earnings Are Coming. What to Expect.
Text size Analysts expect JPMorgan Chase’s earnings to drop nearly 25% year over year. David Paul Morris/Bloomberg Another bank earnings season is upon us. JPMorgan Chase will step up to the pla...
Big Banks Report Earnings This Week. Here’s What Wall Street is Watching.
Text size CEO Brian Moynihan says Bank of America is always prepared for a recession because it has no choice but to be ready, Davis Turner/Getty Images The big banks start to report their earnings th...
Earnings Season Won’t Make or Break the Stock Market
Text size Investors will get the first earnings news from the big banks, which start reporting on July 14. Chris Ratcliffe/Bloomberg Earnings season is about to begin, and that means the stock market ...
13 Investment Moves to Pump Out Income as Interest Rates Rise
Text size The Federal Reserve building in Washington. Graeme Sloan/Bloomberg Interest rates have further to rise amid persistent inflation, while the labor market remains too strong for its own good. ...