A big day for bank earnings. Bloomberg's Sonali Basak reports on results from Goldman Sachs and Bank of America.
Charlie Munger (Trades, Portfolio), the renowned investor and chairman of Daily Journal Corp. ( DJCO , Financial), disclosed his California-based publishing company's first-quarter 2023 equity portfol
Despite last month's turmoil in the banking sector, Wall Street can finally exhale. This, as Bank of America (BofA) CEO Brian Moynihan told investors on the financial giant's first-quarter 2023 earnin
Fresh Q1 earnings reports from major household firms join housing data from last month ahead of today's open.

Building Permits Declined in March

12:12pm, Tuesday, 18'th Apr 2023
We've got a healthy amount of grist for the trading mill ahead of today's opening bell, with fresh Q1 earnings reports from major household firms joining housing data from last month. All major indice
Bank of America (NYSE: BAC) has blown past analysts' expectations on top-line and bottom-line earnings, leading to a 13% year-on-year net revenue growth and a respective 15% net income growth by the
Bank of America saw deposit outflows in the quarter. The bank also sold some securities and increased its cash position.
Moynihan said Bank of America's research team has been consistent in calling for a mild downturn in light of the Fed's rate hikes.

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10:42am, Tuesday, 18'th Apr 2023
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Higher rates, decent loan demand, a rise in card income and robust trading business support BofA's (BAC) Q1 earnings. Weak IB performance, higher provisions and an increase in expenses hurt.
Christopher Whalen, Chairman of Whalen Global Advisors, breaks down his expectations for Goldman Sachs and Bank of America earnings.
Markets opened mixed as investors continue to wait for corporate earnings releases. Bank of America and Goldman Sachs both reported their first-quarter financial results.
Gerard Cassidy, RBC Capital Markets head of U.S. bank equity strategy and large cap bank analyst, joins 'Squawk Box' to discuss his thoughts on Goldman Sachs' Marcus business, if there's anything to e

New Strong Sell Stocks for April 18th

09:10am, Tuesday, 18'th Apr 2023
BAC, ASIX and CCBG have been added to the Zacks Rank #5 (Strong Sell) List on April 18, 2023.
Bank of America (BAC) came out with quarterly earnings of $0.94 per share, beating the Zacks Consensus Estimate of $0.79 per share. This compares to earnings of $0.80 per share a year ago.
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