Clearly, it’s good to be in tech this year. Banks, not so much. The proof is in this tweet from the CEO and co-founder of Roundhill Investments, Will Hershey, who presented the most important winners and losers in the stock market so far this year. As you can see JPMorgan …
Read More »Morgan Stanley, American Airlines, Twitter, Nikola and more
A woman walks past the New York Stock Exchange (NYSE) on July 13, 2020 on Wall Street in New York City. Johannes Eisele | fake pictures These are the companies that appear in the headlines of the trade at noon: Morgan Stanley – The bank’s shares rose 4% after it …
Read More »Bank of America Earnings (BAC) Q2 2020
Bank of America released second-quarter earnings on Thursday that were bolstered by stronger-than-expected bond trading and investment banking revenues. The bank said it generated earnings of $ 3.5 billion, or 37 cents a share, exceeding the 27 cents a share expected by analysts polled by Refinitiv. However, revenue of $ …
Read More »Citigroup (C) Q2 2020 earnings
Pedestrians pass by a Citibank branch in Washington, DC Andrew Harrer | Bloomberg | fake pictures Citigroup reported second-quarter results on Tuesday that beat analysts’ expectations thanks in part to a massive surge in business revenue that helped offset a slowdown in the company’s consumer banking business. This is how …
Read More »Micron, Conagra, Apple, Xilinx brands and more
Take a look at some of the most important engines on the previous market: Conagra Brands (CAG): The food producer reported quarterly earnings of 75 cents a share, 9 cents a share above estimates. Revenue also exceeded consensus, and Conagra gave a forecast range of earnings for the current quarter …
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