Exceeding their Q4 top and bottom-line expectations on Wednesday, let's see if it's time to buy stock in these renowned investment firms.
Key Takeaways Major U.S. indexes surged at midday Wednesday after several big banks reported strong quarterly results and a key measure of inflation came in softer than anticipated.Bank of New York Mellon,
At Goldman Sachs Group Inc., there was the “war for talent”. Now the firm’s fighting to keep one talent in particular: John Waldron.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyNYC Commuters Get New Way to Dodge Traffic: $95 Helicopter RidesScaramucci,
Business travel emissions have risen at the major U.S. banks that recently quit global net-zero banking alliances.
Fourth-quarter earnings at JPMorgan Chase, Wells Fargo, Goldman Sachs, and Citigroup beat analysts’ estimates.
In a report released today, Ken Shih from DBS maintained a Buy rating on BlackRock (BLK – Research Report), with a price target of
Goldman Sachs raised the firm’s price target on BlackRock (BLK) to $1,170 from $1,159 and keeps a Buy rating on the shares. The firm cites the
Blackrock Inc. is the latest to announce it has left a United Nations-backed Net-Zero Banking Alliance (NZBA), among several within one month and not soon after Donald Trump was elected president. It did so as it and roughly 60 companies are being investigated by Congress for allegedly colluding as a “woke ESG cartel” to “impose radical environmental,
Global markets surged as U.S. core inflation showed a lower-than-expected increase, boosting hopes for Federal Reserve rate cuts. Oil prices rallied but were restrained by a peace deal in Gaza. Strong results from major financial companies added to market optimism,
Stock markets surged on Wednesday, buoyed by robust US bank earnings and encouraging inflation data from the United States and Britain.