What We Learned From Big Bank Earnings on Friday

03:45pm, Saturday, 13'th Apr 2024
Large U.S. banks kicked off the first-quarter earnings report season by disclosing higher-than-expected profits. But their net interest income—a key performance indicator for the sector—fell shy o

JPMorgan Chase & Co.: Here We Go Again

01:54am, Saturday, 13'th Apr 2024
JPMorgan Chase's stock price reaction to its good earnings report was due to focus on the earnings outlook rather than current results. CEO Jamie Dimon expressed doubts about the economy. The economic
Here are some of the major companies whose stocks moved on the week's news.

The Q1 Earnings Season Kicks off Positively

05:31pm, Friday, 12'th Apr 2024
The market isn't particularly impressed with what it saw in the quarterly releases from JPMorgan JPM, Citigroup C, and even Wells Fargo WFC. Part of the issue appears to be underwhelming guidance, par
Emily Roland, John Hancock co-chief investment strategist, and Bob Elliott, Unlimited CEO, joins 'Closing Bell Overtime' to talk the day's market action.
Sarat Sethi, DCLA managing partner, joins 'Power Lunch' to discuss what the managing partner makes of recent economic performance, what Sethi made of recent bank earnings, and what is changing with eq

JPMorgan Chase Falls After Earnings

03:11pm, Friday, 12'th Apr 2024
The Chart Master turns his attention to a big move in a big bank stock: JPMorgan Chase. Following earnings, share prices slipped to 2-month lows.
JPMorgan Chase & Co. (JPM), Citigroup (C), and Wells Fargo (WFC) kicked off earnings season by reporting their first-quarter results, all topping their quarterly estimates. The Big Bank stocks have al
Morgan Stanley's wealth unit was already known to be facing a federal investigation, but the stock fell after a Wall Street Journal report revealed the scope of the probe -- just ahead of next week's
While JPMorgan Chase & Co., Wells Fargo & Co. and Citigroup Inc. topped Wall Street estimates for earnings per share and revenue on Friday, stocks of all three megabanks fell into the red.
Consumers have been feeling the pinch of higher interest rates, especially on credit cards now charging 24.7% on average annually.

Why JPMorgan Chase Stock Sank 6% Today

12:25pm, Friday, 12'th Apr 2024
JPMorgan beat earnings expectations on both the top and bottom lines today. Revenue grew 9% year over year, and earnings were up 8%.
Consumers are still spending, but JPMorgan CEO Jamie Dimon, in remarks accompanying the banking giant's latest earnings Friday (April 12), detailed concerns over inflation's impact. And “persistent
JPMorgan, the nation's largest bank, earned a profit of $13.42 billion. Wells Fargo and Citigroup earnings declined.

Big Banks Open Q1 Earnings Season

11:56am, Friday, 12'th Apr 2024
We complete our inflation summary this week with new data out this morning. Import and Export Prices for March help articulate some of the other economic data we've seen throughout this week, includin
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE