Tag: Breaking News: Investing
2023 rebound and heavy M&A
A long exposure photo shows Firefly Aerospace's fourth Alpha rocket mission launching from California's Vandenberg Space Force Base on Dec. 22, 2023.S [...]
Goldman Sachs (GS) earnings 4Q 2023
Goldman Sachs on Tuesday posted fourth-quarter results that topped analysts' expectations on better-than-expected asset and wealth management revenue. [...]
Citigroup (C) earnings Q4 2023
Citigroup on Friday posted a $1.8 billion fourth-quarter loss after booking several large charges tied to overseas risks, last year's regional banking [...]
Activist Elliott spots an opportunity to restore growth at Match. Here’s what may happen next
The Covid-19 pandemic resulted in an increase in people looking for love on dating platforms such as Match Group's Tinder app.Beata Zawrzel | NurPhoto [...]
JPMorgan Chase (JPM) earnings Q4 2023
JPMorgan Chase said Friday that fourth-quarter profit declined after paying a $2.9 billion fee tied to the government seizures of failed regional bank [...]
Citigroup cutting 10% of workforce in CEO Fraser’s overhaul
Jane Fraser, Citi, at WEF, Davos, Jan. 17, 2023.Adam Galica | CNBCCitigroup said it was cutting 10% of its workforce in a bid to help boost the embatt [...]
Bitcoin ETFs have a key difference from their stock fund counterparts
The Securities and Exchange Commission pushed for bitcoin ETFs to have a key difference from major stock funds, and that decision's impact on how the [...]
Wells Fargo (WFC) earnings 4Q 2023
Wells Fargo shares fell Friday even after fourth-quarter profit rose from a year ago, as the bank warned that net interest income for 2024 could come [...]
One place you won’t find a bitcoin ETF: Jack Bogle’s Vanguard
Pavlo Gonchar | Lightrocket | Getty ImagesMore than a dozen financial firms are involved in new bitcoin exchange-traded funds that began trading Thurs [...]
SEC’s Gensler gives in to a bitcoin ETF, but the hostility is still there
Gary Gensler, chairman of the US Securities and Exchange Commission (SEC), during an interview in Washington, DC, US, on Thursday, July 27, 2023. Andr [...]
Citigroup at risk of quarterly loss after disclosing charges
Jane Fraser CEO, Citi, speaks at the 2023 Milken Institute Global Conference in Beverly Hills, California, May 1, 2023.Mike Blake | ReutersCitigroup w [...]
SEC approves rule changes that pave the way for bitcoin ETFs
The U.S. Securities and Exchange Commission on Wednesday approved rule changes to allow the creation of bitcoin exchange-traded funds in the U.S., a l [...]
Post-Ozempic patients may eat more calories, Deutsche Bank survey finds
A customer shops in a Kroger grocery store on July 15, 2022 in Houston, Texas.Brandon Bell | Getty ImagesInvestors have cheered a new class of weight [...]
Wells Fargo is bullish on residential solar with these stocks primed to rebound
Sun Driven Solar installs solar panels onto the roof of a Nampa, Idaho, home, on Nov. 3, 2022. (Darin Oswald/Idaho Statesman/Tribune News Service via [...]
How ValueAct may help boost margins at this Japanese medical device company
Dobrila Vignjevic | E+ | Getty ImagesCompany: Nihon Kohden Company: Nihon Kohden (6849.T-JP)Business: Nihon Kohden is a Japan-based company engaged i [...]