Chip equipment giant flags tariff uncertainty

Jaap Arriens | Nurphoto | Getty ImagesDutch semiconductor equipment giant ASML on Wednesday missed order expectations and said that uncertainty from new U.S. trade restrictions may affect demand for its critical chipmaking machines.Here's how ASML did versus LSEG consensus estimates for the first quarter:Net sales: 7.74 billion, against 7.8...

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Citigroup (C) earnings Q1 2025

Jane Fraser, CEO of Citigroup, attends a hearing on Annual Oversight of Wall Street Firms before the Senate Committee on Banking, Housing, and Urban Affairs in Washington, D.C., the United States, on Dec. 6, 2023. Tom Williams | Cq-roll Call, Inc. | Getty ImagesCitigroup on Tuesday posted first-quarter results that...

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Bank of America (BAC) earnings Q1 2025

Brian Moynihan, chief executive officer of Bank of America Corp., during a Bloomberg Television interview in New York, US, on Tuesday, March 19, 2024. Jeenah Moon | Bloomberg | Getty ImagesBank of America on Tuesday posted first-quarter results that topped analysts' expectations for profit and revenue on stronger-than-expected net interest...

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Fed Governor Waller sees tariff inflation as ‘transitory’ in ‘Tush Push’ comparison

Federal Reserve Governor Christopher Waller speaks during The Clearing House Annual Conference in New York City, U.S. November 12, 2024. Brendan Mcdermid | ReutersFederal Reserve Governor Christopher Waller said Monday he expects the impacts of President Donald Trump's tariffs on prices to be "transitory," embracing a term that got the...

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Goldman’s earnings provide reasons to believe in the stock despite a blurry backdrop

Goldman Sachs on Monday reported better-than-expected first-quarter results, jumping over Wall Street's lowered bar and reassuring investors. Revenue in the three months ended March 31 rose 6% year over year to $15.06 billion, topping the consensus estimate of $14.81, according to LSEG. Earnings per share (EPS) jumped 22% on...

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