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Most Americans who invest do it without ever picking a single stock. They put money into an index fund, usually one that tracks the S&P 500, and let the market do the work. For years, that felt close to a free lunch. Buy the whole market, keep costs near zero, and ride the long climb of ...
Mike Santomassimo, the bank’s CFO, attributed the positive credit trends to the U.S. economy and consumers remaining resilient even in the face of stickier-than-expected inflation. Santomassimo attributed that sturdiness to a relatively stable jobs environment. “We are not seeing cracks,” Santomassimo said on a call with reporters.
Citi raised its Apple price target to $365, betting AI momentum and resilient demand will fuel further gains after earnings.
Biogen stock was down more than 8% Tuesday—on pace for its largest drop since 2020—after the company's experimental Alzheimer's drug failed to perform better on a key measure than drugs already on the market. On a standard dementia scale, patients taking Biogen’s experimental drug diranersen saw a 26% slowing in the rate of cognitive decline, roughly in line with the company’s drug Leqembi. Diranersen, which failed to meet its primary goal in a clinical trial in May, did succeed in cutting a protein called tau in patients' spinal fluid by as much as 65%, according to data presented Tuesday at the Alzheimer's Association International Conference.
Procter & Gamble is expected to release its fourth-quarter results later this month, with analysts projecting a single-digit decrease in earnings.
This site is the first to launch under the development agreement announced by Chipotle and Alsea in April 2025.
Wells Fargo & Company (NYSE:WFC) reported stronger second-quarter 2026 results, with executives pointing to broad-based revenue growth, disciplined expenses, improved credit performance and balance sheet growth following the removal of the company’s asset cap last year. Chief Executive Officer
OpenAI is in an IPO pickle. A year ago, the idea of an OpenAI listing would have had Wall Street salivating, with relatively few reservations about its large financial losses or questions about its leadership. After surviving an attempted ouster two years prior, chief Sam Altman had carved OpenAI into his nascent industry’s undisputed king and hitched himself closely to the much wealthier Microsoft to bankroll growth.
The dollar slid Tuesday after a drop in US inflation dented expectations of an interest rate hike later this month.Earlier Tuesday, the market saw a roughly 40 percent probability of a US interest rate hike this month, but that fell to 13 percent after the CPI data was published.
Yahoo Finance's Markets and Data Editor Jared Blikre and Senior Business Reporter Brooke DiPalma join Julie Hyman on Market Catalysts to break down the June Consumer Price Index (CPI) report, what it means for the Federal Reserve's rate-cut outlook, and how Fed Chair Kevin Warsh's testimony could shape expectations for monetary policy.
By Sinéad Carew and Nell Mackenzie NEW YORK/LONDON July 14 (Reuters) - Shares were up modestly on Tuesday after softer than expected U.S. inflation data and strong second-quarter earnings from major
WASHINGTON, July 14 (Reuters) - U. bank regulators should not set capital requirements in an artificially high way, JPMorgan Chase CEO Jamie Dimon said Tuesday, intensifying his criticism of the new rules, which he has previously said will unfairly penalize his bank.
JPMorgan Chase and Goldman Sachs offered two different takes on how AI will affect headcounts: JPMorgan Chase CEO Jamie Dimon said his leadership team is meeting this month for an offsite and artificial intelligence will be a big topic.
A consortium of 12 states led by California sued to block Paramount Skydance's $110 billion acquisition of Warner Bros. Discovery.
Over the past six months, Lockheed Martin’s stock price fell to $522.25. Shareholders have lost 8.8% of their capital, which is disappointing considering the S&P 500 has climbed by 9.4%. This was partly due to its softer quarterly results and may have investors wondering how to approach the situation.
(Bloomberg) -- A small number of Nvidia Corp.’s H200 artificial intelligence chips have been shipped to customers in China after winning US approval, the Trump administration official who oversees export control programs confirmed.Most Read from BloombergUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeUS CPI Falls for the First Time Since 2020, Core Gauge FlatLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Trump Embraces Australian Retirement System Backed by Larry FinkA
Data center operator Switch has hired investment banks for an initial public offering that could raise up to $10 billion as soon as the fourth quarter, according to two people familiar with the matter, and value the company at close to $80 billion, including debt. Goldman Sachs and JPMorgan Chase have been tapped as lead underwriters for the offering, the people said. The IPO would rank among the largest U.S. stock market debuts in recent years, underscoring investors' appetite for companies benefiting from surging demand for artificial intelligence infrastructure.
The S&P 500 Index ($SPX ) (SPY ) today is up +0.38%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.07%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.97%. September E-mini S&P futures (ESU26 ) are up +0.30%, and September E-mini Nasdaq futures...
IBM stock collapses 25% after the company preannounced its Q2 earnings results.
The Goldman Sachs Group (NYSE:GS) reported record second-quarter 2026 results, with Chairman and Chief Executive Officer David Solomon citing strong client activity, an acceleration in strategic dealmaking and rising demand tied to artificial intelligence infrastructure investment. Goldman generate
(Bloomberg) -- The biggest US grid operator is about to learn how tight power supplies may get in coming years as the data-center boom sparks unprecedented electricity demand growth.Most Read from BloombergUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Trump Embraces Australian Retirement System Backed by Larry FinkUS CPI Falls for the First Time Since 2020, Core Gauge FlatA Cocaine Bust in Spain Leads All the Way to Wall
WASHINGTON, July 14 (Reuters) - A top U.S. official told Congress on Tuesday that "very few" Nvidia H200 chips to date have been shipped to China or Hong Kong.
Norfolk Southern is set to report its second-quarter results later this month, and analysts predict a single-digit drop in the company’s bottom-line figure.
(Bloomberg) -- As artificial intelligence, war and the specter of inflation drive investors’ exuberance and worries, Wall Street’s traders have cracked the code to come out on top every single time.Most Read from BloombergUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Trump Embraces Australian Retirement System Backed by Larry FinkUS CPI Falls for the First Time Since 2020, Core Gauge FlatA Cocaine Bust in Spain Leads All
JPMorgan's blowout Q2 report sent shockwaves through the financial sector this morning, and five stocks are already repricing in real time as traders scramble to figure out who wins and who gets exposed.
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