Wall Street, Goldman Sachs
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Wall Street, Asian Shares
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US stock futures made slight gains Wednesday evening as investors weighed corporate earnings against the escalating US-China trade war.
From Goldman to JPMorgan to BofA, Wall Street CEOs all struck a similar tone: the dealmaking "pipeline" is starting to flow.
The server maker, focused on new AI opportunities, forecast weaker-than-expected revenue growth for the coming year. It also boosted its dividend by10%.
Wall Street’s biggest banks are taking advantage of rising stock underwriting after a powerful equity rally reignited the IPO market, fueling double-digit percentage gains in advisory revenue.
Goldman Sachs, JPMorgan, Morgan Stanley, Bank of America and Citi all posted strong earnings returns — signs a dealmaking wave may be here to stay.
In the latest quarter, the largest U.S. banks led by JPMorgan Chase (JPM.N), Goldman Sachs (GS.N), and Bank of America (BAC.N) flagged big profits from the booming business of prime brokerage, which involves lending cash and securities to hedge funds to help execute large trades.
Wall Street’s banner first half in trading was based on handling tariff-induced market chaos. The third quarter showed the biggest banks can also seize on the stock market’s steady march higher.
Morgan Stanley and Bank of America on Wednesday reported third-quarter financial results that blew past investors’ expectations, thanks in part to their dealmakers’ and traders’ fortunes. Mergers and acquisitions and initial public offerings are picking up,
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Wall Street climbs after strong profit reports wrest the spotlight from US-China trade tensions
Stocks are climbing following strong profit reports from big banking and technology companies. The S&P 500 rose 0.9% Wednesday, coming off a roller-coaster day where it careened between a sharp loss and modest gain.
Stellantis shares jolted higher by $13B investment in U.S. manufacturing. Netflix to carry video podcasts from Spotify. JPMorgan CEO Jamie Dimon says it’s ‘semi-rational’ to own gold.
"Today we are announcing changes to how we structure our health, science and education teams at The Wall Street Journal," she wrote. "I want to thank them for them for their many contributions to the Journal,