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,
Stocks held onto a rally Wednesday as core U.S. consumer price inflation was cooler than expected in December and some of the nation’s largest banks issued better-than-expected quarterly earnings.These stocks were making moves on Wednesday:JPMorgan Chase was up 2% after the largest U.
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
In a report released today, Ken Shih from DBS maintained a Buy rating on BlackRock (BLK – Research Report), with a price target of
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,
US markets gear up for an important session, with all eyes on December CPI data, expected at 7:00 PM IST, and the earnings season kicking off with results from Goldman Sachs, JPMorgan, Citigroup and others.
US stocks jumped at the open after consumer price data showed inflation continues to slow. Strong bank earnings also helped lift sentiment.
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,
BlackRock has become the latest financial firm to bail out of a big climate change industry group in the wake of Donald Trump’s election as US president and heightened regulatory scrutiny.
Achmea IM and BlackRock each won +€20bn fiduciary mandates from Dutch pension funds. This makes them the clear fiduciary winners of 2024.
Bank of America and Morgan Stanley are next up in a series of bank earnings reports due out this week. The firms report fourth-quarter results on Thursday morning. Their competitors—JPMorgan Chase, Wells Fargo,