[ad_1] Fabrice Coffrini | Afp | Getty Images UBS Group Chairman Colm Kelleher on Wednesday said that the Swiss bank is “not too big to fail,” as he criticized Swiss government proposals to strengthen its capital requirements. Kelleher was delivering a speech during the UBS Annual General Meeting — the first such gathering held since …
UBS chair says Swiss banking giant is not ‘too big to fail’ Read More »
[ad_1] Regional bank earnings may expose critical weaknesses, according to Sheila Bair, former chair of the U.S. Federal Deposit Insurance Corp. Their quarterly numbers begin hitting Wall Street this week. “I’m worried about a handful of them,” Bair told CNBC’s “Fast Money” on Tuesday. “I think some of them are still overly reliant on industry …
[ad_1] Jonathan Raa | Nurphoto | Getty Images The price of Trump Media shares closed trading more than 14% lower Tuesday, hours after after the company announced its Truth Social platform is moving to launch a live TV streaming platform. The sharp fall of DJT shares came after they ended trading Monday on the Nasdaq …
[ad_1] Ted Pick, CEO Morgan Stanley, speaking on CNBC’s Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 18th, 2024. Adam Galici | CNBC Morgan Stanley is set to report first-quarter earnings before the opening bell Tuesday. Here’s what Wall Street expects: Earnings: $1.66 a share, according to LSEG Revenue: $14.41 …
Morgan Stanley is about to report first-quarter earnings Read More »
[ad_1] U.S. stock futures were marginally lower Tuesday morning after a losing day for the major benchmarks. Dow Jones Industrial Average futures inched lower by 51 points, or 0.13%. S&P 500 futures and Nasdaq 100 futures were down 0.1% and 0.04%. Wall Street is coming off a choppy day for the major benchmarks. The 30-stock …
Stock futures are little changed after Dow’s sixth straight losing day: Live updates Read More »
[ad_1] Oil storage drums stacked in the Keihin industrial area of Kawasaki, Kanagawa Prefecture, Japan, on Monday, April 15, 2024. Toru Hanai | Bloomberg | Getty Images U.S. crude oil futures were lower Monday as traders breathed a sigh of relief after Israel fended off a large-scale air assault by Iran and the U.S. emphasized …
Oil prices fall more than 1% after Israel fends off large-scale aerial attack by Iran Read More »
[ad_1] David Solomon, Chairman & CEO Goldman Sachs, speaking on CNBC’s Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024. Adam Galici | CNBC Goldman Sachs on Monday posted first-quarter profit and revenue that topped analysts’ expectations, fueled by a surge in trading and investment banking revenue. Here’s …
Goldman Sachs tops first-quarter estimates fueled by trading, investment banking Read More »
[ad_1] Employees work in the trading room inside the Mitsubishi UFJ Trust and Banking head office in Tokyo, Japan, on Tuesday, March 19, 2024. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets slipped Monday as traders weighed the impact of Iran’s massive drone and missile attacks on Israel over the weekend, with focus also on …
[ad_1] Off-price is not going off-trend anytime soon. That might not be clear based on recent trading in TJX Companies’ stock. Club holding TJX Companies and rival Ross Stores are well-positioned to keep stealing market share from other retailers, particularly department stores, UBS said in a recent note, keeping a years-long trend in the industry …
Off-price retail is poised to keep taking market share. Why is TJX’s stock stuck? Read More »
[ad_1] What will it take to get Apple stock and iPhone sales out of their slumps? Wall Street analysts and the Club see artificial intelligence as a key driver of investor enthusiasm and the next upgrade cycle. JPMorgan said in a note Thursday that an expected AI-enabled iPhone will create strong demand similar to what was …
[ad_1] Iranians are waving Iranian flags and a Palestinian flag as they celebrate Iran’s IRGC UAV and missile attack against Israel on April 14, 2024. Nurphoto | Nurphoto | Getty Images Iran rained a deluge of drones and missiles on Israel on Saturday night in response to a suspected Israeli strike that killed top Iranian …
Israel says 300 Iranian drones and missiles downed in ‘unprecedented’ overnight attack Read More »
[ad_1] File photo of Israeli F-16 fighter jets performing during an air show over the beach in the Israeli coastal city of Tel Aviv on May 5, 2022. Jack Guez | Afp | Getty Images Crude oil futures rose Friday on reports that Israel is preparing for a direct attack by Iran this weekend, in …
U.S. crude oil gains as Israel reportedly prepares for attack by Iran this weekend Read More »
