Wells Fargo WFC Q3 2022 earnings
[ad_1] Pedestrians pass a Wells Fargo bank branch in New York, U.S., on Thursday, Jan. 13, 2022. Victor J. Blue | Bloomberg | Getty Images Wells Fargo said Friday that…
The oil trade may have more juice despite a losing week
[ad_1] Even though WTI crude just saw its worst week in more than two months, the oil trade may have more juice left in the tank. Mirae Asset Securities’ Chris…
Citigroup (C) earnings Q3 2022
[ad_1] Citigroup said Friday that its third-quarter earnings fell 25% as it bulked up its credit loss provisions and investment banking slumped. However, Citi shares ticked up 0.65% as revenue…
MS (Morgan Stanley) earnings 3Q 2022
[ad_1] Morgan Stanley CEO James Gorman participates in a conversation-style interview with Economic Club of Washington in Washington September 18, 2013. Yuri Gripas | Reuters Morgan Stanley on Friday posted…
MS (Morgan Stanley) earnings 3Q 2022
[ad_1] Morgan Stanley CEO James Gorman participates in a conversation-style interview with Economic Club of Washington in Washington September 18, 2013. Yuri Gripas | Reuters Morgan Stanley on Friday posted…
Moody’s Mark Zandi sees relief within 6 months
[ad_1] The U.S. will see inflation cut in half within six months, according to Mark Zandi of Moody’s Analytics. His call, which comes on the cusp of another key inflation…
ESG ETF investing raises concerns about transparency, social agendas
[ad_1] ESG – environmental, social and governance – is one of the hottest trends in the investing world, but some investors are calling it a gimmick. ESG is a new…
Credit Suisse to remain ‘under pressure’ but analysts wary of Lehman comparison
[ad_1] A Swiss flag flies over a sign of Credit Suisse in Bern, Switzerland FABRICE COFFRINI | AFP | Getty Images Credit Suisse shares briefly sank to an all-time low…
Credit Suisse, Tesla, Myovant Sciences and more
[ad_1] Take a look at some of the biggest movers in the premarket: Credit Suisse (CS) – Credit Suisse slid 6.1% in premarket trading after the bank sought to calm…
PG&E, Lyft, Las Vegas Sands, more
[ad_1] Check out the companies making headlines before the bell: Planet Fitness — Shares of the gym franchise jumped nearly 3% in premarket trading after Raymond James upgraded the stock…
Keurig Dr Pepper, CSX, Li Auto and more
[ad_1] Check out the companies making headlines before the bell: Keurig Dr Pepper — The consumer stock fell 1.5% premarket after Goldman Sachs downgraded the stock to neutral from a…
Investors believe aggressive Fed will keep stock market down for the rest of 2022, CNBC survey shows
[ad_1] Traders work on the floor of the New York Stock Exchange (NYSE) in New York, September 26, 2022. Brendan McDermid | Reuters (Click here to subscribe to the new Delivering Alpha…
Cathie Wood’s new fund gives small investors access to the VC market for just $500
[ad_1] Cathie Wood, chief executive officer and chief investment officer, Ark Invest, speaks during the Milken Institute Global Conference on May 2, 2022 in Beverly Hills, California. Patrick T. Fallon…
Ken Griffin says Fed has not done enough, must continue on its path to reset inflation expectations
[ad_1] Ken Griffin, Citadel’s founder and CEO, believes the Federal Reserve has more work to do to bring down inflation even after a series of big rate hikes. “We should…
Underperformance is ‘abysmal’ in the long run for active fund managers
[ad_1] The S&P 500 may be trading around 2022 lows, but a new report finds active managers are having their best year since 2009. The numbers suggest they still have…
Pension fund panic led to Bank of England’s emergency intervention
[ad_1] LONDON – The Bank of England launched a historic intervention to stabilize the U.K. economy, announcing a two-week purchase program for long-dated bonds and delaying its planned gilt sales…
Stanley Druckenmiller sees ‘hard landing’ in 2023 with a possible deeper recession than many expect
[ad_1] Billionaire investor Stanley Druckenmiller believes the Federal Reserve’s attempt to quickly unwind the excesses it helped build up for a decade with easy monetary policy will not end well for the…
Wall Street’s fear gauge hits highest level since June
[ad_1] Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 31, 2018. Brendan McDermid | Reuters A measure of fear in stocks…
The Fed forecasts hiking rates as high as 4.6% before ending inflation fight
[ad_1] U.S. Federal Reserve Board Chairman Jerome Powell speaks during a news conference at the headquarters of the Federal Reserve, July 27, 2022 in Washington, DC. Drew Angerer | Getty…
Palantir CEO Alex Karp says tidal wave of macroeconomic risks will wipe out some companies
[ad_1] Palantir co-founder and CEO Alex Karp believes this period of “deadly” macroeconomic uncertainties will crush many companies with shaky fundamentals. “Bad times are incredibly good for Palantir … bad times really…
HSBC warns investors to avoid European stocks
[ad_1] Fog shrouds the Canary Wharf business district including global financial institutions Citigroup Inc., State Street Corp., Barclays Plc, HSBC Holdings Plc and the commercial office block No. 1 Canada…
ETF popularity hits record number
[ad_1] ETFs are seeing a record surge in popularity. The industry hit a milestone with more than 3,000 ETFs trading simultaneously for the first time ever this month — a…
Lauren Taylor Wolfe says it’s just too risky for investors to ignore ESG amid recent pushback
[ad_1] (Click here to subscribe to the Delivering Alpha newsletter.) According to Deloitte, global ESG assets under professional management could be worth $80 trillion by 2024. But this growth in popularity combined…
Robinhood jumps, then loses steam after report that SEC will not ban payment for order flow
[ad_1] A woman holds a smartphone with the Robinhood logo in the background. Rafael Henrique | Sopa Images | Lightrocket | Getty Images Shares of retail brokerage Robinhood were little…
Fed should hike interest rate rates 150 basis points: Wells Fargo
[ad_1] It’s a move that would likely cause panic on Wall Street. But Wells Fargo Securities’ Michael Schumacher suggests the Federal Reserve is raising rates too slowly, telling CNBC’s “Fast…