Earnings

Second quarter earnings season began with major banks revealing financial results for the April-June period, setting the stage for other publicly traded companies to follow suit in the coming weeks. While concerns loom about potentially negative news impacting the market…

Bank of America Corporation is set to announce its second-quarter financial results on Tuesday, July 16. Analysts predict that the North Carolina-based company will report earnings of 80 cents per share for the quarter, a decrease from the 88 cents…

BlackRock, the world’s largest asset manager, has achieved a significant milestone by surpassing the $10 trillion mark in assets under management (AUM). The firm reported a record of over $10.6 trillion in AUM, marking a notable $1.2 trillion year-over-year growth.…

Goldman Sachs (GS) recently reported its second-quarter earnings and revenues for 2024, exceeding expectations. The investment bank delivered earnings of $8.62 per share, surpassing the Zacks Consensus Estimate of $8.52 per share and showcasing a significant increase from the previous…

This week’s retail news brought a mix of positive economic indicators and ongoing challenges facing the industry. In the Eurozone, retail sales saw a slight year-over-year growth in May, signaling encouraging news amidst geopolitical and economic uncertainties. Meanwhile, in the…

Reports on retail sales, industrial production, import and export prices, and housing starts are expected to draw market attention this week. Additionally, investors are eagerly awaiting earnings reports from major corporations including Goldman Sachs, Bank of America, and Morgan Stanley.…

UnitedHealth Group Incorporated (UNH) is set to release its second-quarter financial results on Tuesday, July 16. Analysts are anticipating the Minnetonka, Minnesota-based company to report earnings of $6.66 per share for this quarter, an increase from the $6.14 per share…

BlackRock Inc., the biggest money manager in the world, has confirmed that Thomas Matthew Crooks, the 20-year-old gunman who shot former President Donald Trump, briefly appeared in one of its advertisements. The company has condemned the attack and stated that…

BlackRock, the world’s largest money manager, has confirmed that the Trump rally shooter, Thomas Matthew Crooks, appeared in one of their 2022 ads. Crooks, who authorities identified as the shooter who injured former President Donald Trump, briefly appeared in an…

Goldman Sachs is poised to reveal its second-quarter earnings before the markets open on Monday. The financial institution is facing high expectations from Wall Street as businesses start to recover from last year’s challenges. Goldman Sachs is heavily reliant on…

Coinbase Global (COIN) has experienced a significant surge of 27.8% in the first half of 2024, thanks to active trading markets and the increasing prices of Bitcoin. This surge was influenced by the approval of spot Bitcoin ETFs by the…

US markets remained stable following the assassination attempt on former President Donald Trump over the weekend. Despite the incident, US stock futures showed minimal movement, with Dow futures increasing by 0.2%, S&P 500 futures rising by 0.1%, and Nasdaq Composite…

Wells Fargo’s 5-year turnaround plan under the leadership of CEO Charlie Scharf has been showing promising results, despite the recent post-earnings drop that presented an opportunity for investors. Five years ago, Scharf took charge of a bank embroiled in scandals…