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 »JPMorgan Chase (JPM) earnings Q2 2020
Jamie Dimon, CEO of JPMorgan Chase & Co. Giulia Marchi | Bloomberg | fake pictures JPMorgan Chase reported second quarter earnings. Here’s how JPMorgan did it: Earnings: $ 1.38 per share, compared to the estimate of $ 1.04 per share by analysts surveyed by Refinitiv. Revenue: $ 33 billion, compared …
Read More »Stock futures rise ahead of bank earnings
US stock futures moved higher in early trading and signaled gains at Tuesday’s open as investors watch earnings reports from some of the country’s largest banks. Dow futures rose 90 points. S&P 500 and Nasdaq 100 futures were up 0.3% and 0.4%, respectively. On Monday, the Dow Jones Industrial Average …
Read More »Drug makers to start vaccine production in late summer, Trump health officials say
In this May 4, 2020 photo provided by the University of Maryland School of Medicine, the first patient enrolled in the Pfizer coronavirus vaccine clinical trial of Pfizer at the University of Maryland School of Medicine in Baltimore, he receives an injection. University of Maryland School of Medicine | AP …
Read More »Tesla abandons most of the monster pop of a day in the wild speculative trade
In a volatile session, Tesla shares fell into negative territory during Monday afternoon trading, returning a jump of over 14% from the start of the session that had pushed the stock to a new all-time high. However, the move into negative territory was brief, and around 2:45 pm ET, the …
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