Goldman Sachs on Thursday topped expectations for fourth-quarter profit as equities trading and asset and wealth management produced nearly $900 million more in revenue than expected. Here’s what the company reported: Earnings: $14.01 per share. That may not compare with the $11.67 LSEG estimate. Revenue: $13.45 billion. That may not compare with the $13.79 billion…
People walk past Morgan Stanley global headquarters in Manhattan on March 20, 2025 in New York City. Spencer Platt | Getty Images Morgan Stanley on Thursday reported fourth-quarter results that exceeded Wall Street expectations on the back of strong revenue from wealth management. Here’s what the company reported compared with what Wall Street analysts surveyed…
Oil prices fell 3% on Thursday after comments from U.S. President Donald Trump calmed fears that an American strike on Iran could be imminent. Brent crude oil futures, the global benchmark, dipped by 2.8%, or $1.87, to settle at $64.63 a barrel. Front-month West Texas Intermediate crude lost $1.79, or 2.9%, to trade at $60.23…
European stocks are expected to open broadly higher Thursday as traders digest the latest geopolitical news around Greenland and Iran. Source link
Security forces are seen during a pro-government rally on Jan. 12, 2026 in Tehran, Iran. Getty Images | Getty Images News | Getty Images Iran temporarily closed its airspace late Wednesday to most incoming and outgoing flights amid escalating tensions with the U.S., according to a notice posted by the Federal Aviation Administration. The restriction was…
Signage at the Trip.com Group Ltd. headquarters building in Shanghai, China, on Monday, Aug. 28, 2023. Bloomberg | Bloomberg | Getty Images Shares of Chinese online travel services provider Trip.com plunged nearly 22% in Hong Kong on Thursday after Beijing opened an antitrust probe into the company. China’s State Administration for Market Regulation late Wednesday said…
US President Donald Trump looks on before signing a bill in the Oval Office of the White House in Washington, DC, on Jan. 14, 2026. Brendan Smialowski | AFP | Getty Images Oil prices fell more than 1% Wednesday after President Donald Trump signaled he might not attack Iran. U.S. crude oil fell 95 cents,…
Geopolitical tensions are shaking the cybersecurity tape, impacting Club names Palo Alto Networks , CrowdStrike , and Broadcom . But they’re not changing our investment theses. Reuters reported Wednesday that Chinese authorities have told domestic companies to stop using cybersecurity software from a handful of U.S. and Israeli firms, including Palo Alto Networks, CrowdStrike, Fortinet,…
Citigroup on Wednesday posted fourth quarter results that topped expectations as the lender reaped more interest income and set aside less money for troubled loans than analysts had expected. Here’s what the company reported: Adjusted earnings: $1.81 a share vs. $1.67 LSEG estimate Adjusted revenue: $21.0 billion vs. expected $20.72 billion The company said net…
Brian Moynihan, Chairman and CEO of Bank of America, speaks with Economic Club of Washington Chair David Rubenstein at an event at the Ritz-Carlton on February 25, 2025 in Washington, DC. Anna Moneymaker | Getty Images Bank of America on Wednesday posted fourth-quarter earnings that topped analysts’ expectations on gains from net interest income and…
