Goldham Sachs posted third-quarter results that crushed analysts’ profit estimates, beating stronger-than-expected strong results in bond trading and asset management. The company posted a profit of 62 62.622 billion, or $ 8.8 billion, higher than the 5 5.57 per share estimated by analysts surveyed by Refinitive. Company-wide revenue, managed by …
Read More »Traders are watching earnings and epidemic concerns as European stocks and US equity futures rise.
On March 12, 2020, in Liverpool, in the north-west of England, members of the public were advised to “maintain social distance”. Paul Ellis / France Press Agency / Getty Images European equities tumbled to an inch from early losses on Wednesday, while US stock futures also rose as investors worried …
Read More »Not JP Morgan, Citigroup Signal or Economy Out Woods
In the midst of the coronavirus crisis, a strange thing happened: America’s largest bank made lower profits than it did a year ago, before the epidemic hit the economy. Taken together, the third quarter results of both banks show that business and consumers have been surprisingly good in the month, …
Read More »JPMorgan Chase (JPM) Earnings Q32020
JPMorgan Chase CEO Jamie Dimon appeared on CNBC’s Squawk Buzz at the 2020 World Economic Forum in Davos, Switzerland on January 22, 2020. Adam Galica | CNBC JPMorgan Chase posted earnings that beat analysts ’estimates for the top and bottom line. The stock gained 1.9% in early trade. The bank …
Read More »Stuck on Stimulus: Kramer’s ‘Mad Money’ Recap (Friday 10/9/20)
After a big move in the stock market this week, Jim Kramer told his Mad Money viewers on Friday that he was concerned that there was too much sluggishness and that this market share was likely to pull. That’s why his game plan for next week’s action includes an abundance …
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