Market Insider

Stocks making the biggest moves premarket: UNH, MS, TGT, LUV

Check out the companies making headlines in premarket trading. UnitedHealth Group – Shares dropped more than 3% after the company's fourth-quarter revenue came in below Wall Street's expectations. UnitedHealth posted $100.81 billion for the top line, while analysts surveyed by LSEG were expecting $101.76 billion. Earnings, however, beat the...

Earnings

Morgan Stanley (MS) earnings Q4 2024

Ted Pick, CEO Morgan Stanley, speaking on CNBC's Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 18th, 2024.Adam Galici | CNBCMorgan Stanley on Thursday topped estimates for fourth quarter earnings and revenue as the firm's equities and fixed income traders exceeded expectations.Here's what...

Earnings

UnitedHealth Group (UNH) Q4 earnings

The logo of UnitedHealth appears on the side of one of its office buildings in Santa Ana, California, on April 13, 2020.Mike Blake | ReutersUnitedHealth's fourth-quarter revenue missed Wall Street estimates on weakness in its health insurance business and the company also reported higher-than-expected annual medical costs, sending its...

Earnings

Bank of America (BAC) earnings Q4 2024

Brian Moynihan, CEO of Bank of America, speaking on CNBC's Squawk Box at the WEF Annual Meeting in Davos, Switzerland on Jan. 16th, 2024. Adam Galici | CNBCBank of America on Thursday posted results that topped expectations for profit and revenue on better-than-expected investment banking and interest income. Here's...

Fintech

Prepaid payments platform Recharge raises €45M to go on M&A spree

With inflation still stubbornly high in comparison to previous years, and the siren voices of subscription services like Netflix and Spotify continuing to lure, consumers have understandably turned to alternative forms of payment to manage their household bills. As a result, online prepaid payment platforms have benefited.  That’s the bet...

Earnings

Cartier owner Richemont Q3 sales rise 10%, China weakness remains

Shoppers pass a Cartier luxury store, operated by Cie. Financiere Richemont SA, in the Galeries Lafayette SA luxury department store in Paris, France.Bloomberg | Bloomberg | Getty ImagesShares of Cartier owner Richemont jumped on Thursday after the luxury group reported a 10% increase in fiscal third-quarter sales even as...

Earnings

TSMC fourth-quarter profit beats expectations on strong AI chip demand

A logo of Taiwan Semiconductor Manufacturing Company (TSMC) is seen during the TSMC global RnD Center opening ceremony in Hsinchu on July 28, 2023. (Photo by Amber Wang / AFP)Amber Wang | Afp | Getty ImagesTaiwan Semiconductor Manufacturing Company's fourth-quarter revenue and profit beat expectations, as demand for advanced...

Economy

UK monthly GDP data for November

The National Gallery and the church St. Martin's in the Fields at dusk. Trafalgar Square, London, UKStockcam | E+ | Getty ImagesThe U.K. economy grew at a lackluster pace of 0.1% in November, data from the Office of National Statistics showed Thursday.This compares with the 0.2% month-on-month growth expected...

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Gregg Greenberg spent 14 years as a journalist at TheStreet.com where he wrote the highly popular column "The 5 Dumbest Things on Wall Street This Week". His work has appeared in magazines ranging from Glamour to ESPN the Magazine, and on humor sites such as Points in Case.

Fintech Review

With years of experience dissecting and evaluating the evolving fintech landscape, Fintech Review has become a trusted name in providing insightful, comprehensive, and unbiased reviews of tech-related financial products and services. From the latest advancements in blockchain and cryptocurrencies to cutting-edge payment platforms, robo-advisors, and beyond, Fintech Review keeps a pulse on the innovations that are redefining the financial industry.

Savant boosts advisors’ 401(k) management with Pontera partnership

Financial advisors with Savant Wealth Management are gaining additional capabilities to provide professional 401(k) management for their clients. The RIA firm has partnered with Pontera to offer a more streamlined and scalable solution for applying investment strategies to clients’ plan retirement accounts. Savant uses Envestnet Tamarac as its portfolio management...

FTX co-founder admits multi-billion-dollar fraud

FTX co-founder Gary Wang said he and Sam Bankman-Fried committed a multibillion-dollar fraud with customer funds that led to the cryptocurrency exchange’s collapse, shortly after taking the stand against his onetime math camp buddy and MIT roommate. Dressed in a gray suit and red tie, Wang didn’t make eye contact with Bankman-Fried...