First-quarter corporate earnings kick into high gear this week with some of the biggest U.S. banks and the leading streaming company slated to report. More than 35 S & P 500 companies are on deck to post their latest quarterly figures, including Goldman Sachs, Bank of America and Morgan...
Wells Fargo reported better-than-expected earnings results on Friday, but some weakness under the hood is putting a lid on the bank's stock. Stay the course: Shares should move higher as management continues to shake off regulatory punishments for past misdeeds. Total revenue for the three months ended Mar. 31...
Jane Fraser, CEO of Citi, speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 1, 2023. Patrick T. Fallon | AFP | Getty ImagesCitigroup on Friday posted first-quarter revenue that topped analysts' estimates, helped by better-than-expected results in the bank's investment banking and trading operations. Here's...
A woman walks past Wells Fargo bank in New York City, U.S., March 17, 2020.Jeenah Moon | ReutersWells Fargo on Friday reported first-quarter earnings and revenue that beat Wall Street expectations, despite a decline in net interest income.Here's how the company performed compared with what Wall Street was anticipating,...
Jamie Dimon, President and CEO of JPMorgan Chase, speaking on CNBC's "Squawk Box" at the World Economic Forum Annual Meeting in Davos, Switzerland, on Jan. 17, 2024.Adam Galici | CNBCJPMorgan Chase is scheduled to report first-quarter earnings before the opening bell Friday.Here's what Wall Street expects:Earnings: $4.11 a share,...
TSMC displayed on a phone screen and microchip and are seen in this illustration photo taken in Krakow, Poland on July 19, 2023Jakub Porzycki | Nurphoto | Getty ImagesTaiwan Semiconductor Manufacturing Co. (TMSC), posted a surge in monthly revenue in March, as it cashed in on a continuing artificial...
Pictured here is a Foxconn factory in Zhengzhou city on Sept. 4, 2021.Vcg | Visual China Group | Getty ImagesApple iPhone manufacturer Foxconn on Friday posted a dip of 9.6% in revenue for the first quarter of 2024, compared to the same period last year.The company, which trades as...
Charles McManus, CEO of ClearBank, speaks at the Innovate Finance Global Summit in April 2023.Chris Ratcliffe | Bloomberg | Getty ImagesClearBank, a British financial technology firm powering payments for the likes of Coinbase, scored its first full year of profit after higher interest rates helped drive a 91% jump...
Huawei brought one of the largest displays to Mobile World Congress in Barcelona in February 2024.Sopa Images | Lightrocket | Getty ImagesBEIJING — Chinese telecommunications company Huawei said Friday its net profit for 2023 more than doubled thanks to better product offerings.The company also attributed the profit gains to...
HONG KONG, CHINA - 2021/08/07: Pedestrians cross the street in front of the Swedish multinational clothing design retail company Hennes & Mauritz, H&M, store in Hong Kong. (Photo by Budrul Chukrut/SOPA Images/LightRocket via Getty Images)Sopa Images | Lightrocket | Getty ImagesShares of H&M leapt 14% in early deals on...