Jamie Dimon, CEO of JPMorgan Chase & Co. Marlene Awaad | Bloomberg | fake pictures JPMorgan Chase managed to shake off the most quarterly revenue in its history at the same time that the US economy is in the midst of a sharp recession. The bank posted $ 33.8 billion …
Read More »Stocks unchanged as companies report quarterly losses
The shares erased minor losses after the opening bell on Tuesday when companies began reporting losses for the second quarter, giving traders a deeper understanding of how the COVID-19 pandemic affected the economy. The Dow Jones Industrial Average rose 26 points, or 0.1 percent, and the S&P 500 rose 0.7 …
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 »Tesla, BioNTech, Moderna and more
The headquarters of the German immunotherapy company BioNTech is located on April 22, 2020 in Mainz, Germany. Thomas Lohnes | fake pictures Look at the companies that make headlines after the bell: Tesla – Tesla shares fell 2% in extended trading. During the day, the shares rose and then fell …
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 …
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