Wells Fargo shares tumble after net interest income falls short of estimates
Wells Fargo on Friday reported a 9% decline in net interest income, even though its second-quarter earnings and revenue exceeded ...
Tag: Stock markets
JPMorgan’s Jamie Dimon warns inflation and interest rates may stay higher
Jamie Dimon, President & CEO,Chairman & CEO JPMorgan Chase, speaking on CNBC's Squawk Box at the World Economic Forum Annual Meeting ...
China gears up for next week’s Third Plenum meeting. Here’s why real estate isn’t likely the main focus
High-rise buildings are being seen in the West Coast New Area of Qingdao, Shandong province, China, on July 6, 2024.Nurphoto ...
China’s robotaxi push sparks concerns about job security for drivers
More than 70% of Baidu Apollo Go robotaxi rides in Wuhan were fully driverless as of April, and the company ...
Ethereum ETF countdown: Bitwise CIO sees ‘birth of a new asset class’
Wall Street is getting ready for a new batch of cryptocurrency exchange-traded funds: ethereum. Spot ether ETFs could hit the market ...
Bill Gross says Tesla is the new meme stock
Bill Gross' Janus Henderson Global Unconstrained Bond Fund suffered more than $200 million in redemptions last month, lowering assets to $1.25 ...
China’s inflation numbers miss expectations to rise 0.2% in June
Consumers are shopping at a supermarket in Qingzhou, China, on June 12, 2024. Nurphoto | Nurphoto | Getty ImagesBEIJING — China's ...
‘Make or break week:’ Stifel sees 40% chance of President Biden dropping out of the race
There's a 40% chance President Joe Biden will not seek reelection, according to Stifel.Brian Gardner, the firm's chief Washington policy ...
Is the U.S. stock market too ‘concentrated’? Here’s what to know
Jensen Huang, co-founder and chief executive officer of Nvidia Corp., displays the new Blackwell GPU chip during the Nvidia GPU ...
Citadel’s Ken Griffin says he’s not convinced that AI will replace human jobs in the near future
Ken Griffin speaks to Citadel and Citadel Securities interns during a discussion moderated by Citadel software engineer, and former intern, ...
