Stock market today: Wall Street rips higher after inflation data and strong bank profits
U.S. stocks ripped higher Wednesday following a shot of adrenaline from an encouraging update on U.S. inflation. Strong profit reports from Wells Fargo and other big U.S. banks also helped launch indexes to their best day in two months.
Wall Street rips higher on inflation data and strong bank profits
Wall Street has been seesawing for weeks as traders tear up their forecasts for what the Fed will do with interest rates in 2025. A further easing would boost the U.S. economy and prices for investments, but it could also give inflation more fuel.
Goldman Sachs 'pleased' with 'strong results' as profit tops Wall Street estimate
Goldman Sachs Group Inc.'s Chief Executive David Solomon said he's "pleased" with the bank's "strong" results after the investment bank handily topped Wall Street estimates for its fourth-quarter profit.
Goldman Sachs tops estimates on strong trading results
CNBC's Leslie Picker joins 'Squawk Box' to report on the company's quarterly earnings results.
Goldman Sachs’ Q4 Net Income More Than Doubles, Earnings Beat Wall Street Estimates: Retail Overjoyed
Shares of Goldman Sachs Group Inc (GS) rose nearly 5% on Wednesday after the bank’s fourth-quarter earnings topped Wall Street estimates by a wide margin. The bank reported earnings per share (EPS) of $11.
Wall Street soars on record bank profits and cooling inflation
US stocks surged higher Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest ...
Bank earnings: JPMorgan, Wells Fargo, Goldman Sachs post beats, and Citi swings to a profit
JPMorgan, Wells Fargo, Goldman Sachs and Citi are kicking off earnings season on Wednesday with their December-quarter ...
Goldman Sachs profit hits over 3-year high as investment banking, trading fuel bumper quarter
Goldman Sachs posted its best profit since the third quarter of 2021, driven by bankers who brought in more fees from ...
Stock market today: Wall Street mostly rises after encouraging inflation data despite Lilly’s drag
Asian shares are mixed after gains for oil and gas producers helped offset drops for Nvidia and other Big Tech companies on ...
Why Atlassian Stock Popped on Wednesday
Atlassian ( TEAM 2.01%) stock enjoyed a modest price bump of 1.7% through 11:30 a.m. ET Wednesday after earlier enjoying a ...
TSMC Q4 profit set for big leap on strong demand for AI chips
Taiwan Semiconductor Manufacturing Co , the main global producer of advanced chips used in artificial intelligence ...
BlackRock’s Profit Jump 21%. The Stock Is Rising.
BlackRock reported fourth-quarter earnings per share of $10.63. On an adjusted basis, per-share earnings of $11.93 topped analysts’ forecasts of $11.24. The world’s largest asset manager reported net ...
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Amazon Stock (AMZN) Price Prediction and Forecast 2025-2030
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Tesla Stock: Take Your Profit And Run
Tesla's robotaxis and AI push are appealing, but expectations may be inflated. Learn why TSLA stock could face challenges ...
Citi Reports Strong Earnings Across the Board, Announces $20B Buy Back
Citigroup reported stronger-than-expected Q4 results, with revenue rising across all main business lines and net income ...