Market News
Bloomberg's Big Challenger Can't Afford to Slip
Wall Street Journal - 15 Jan 2021 16:41
Investors have high hopes for the new financial-data giant created by the imminent merger of London Stock Exchange Group and Refinitiv.
Citigroup beats analysts' profit estimates as bank releases money set aside for loan losses
CNBC - 15 Jan 2021 16:00
Citigroup's earnings per share of $2.08 far exceeded Refinitiv estimates of $1.34.
JPMorgan beats profit estimates on better-than-expected credit, record trading revenue
CNBC - 15 Jan 2021 15:57
JPMorgan Chase's fourth-quarter earnings per share of $3.79 beat the Refinitiv estimate of $2.62.
JPMorgan Quarterly Profit Jumps 42%
Wall Street Journal - 15 Jan 2021 14:57
The nation's biggest bank posted its highest-ever quarterly profit after releasing funds it had set aside to cover soured loans. Still, the CEO said it remains positioned for significant near-term economic uncertainty.
Why Wheaton Precious Metals Stock Looks Undervalued Despite 100% Move
Forbes - 15 Jan 2021 14:30Is Twitter's Stock Move Overdone?
Forbes - 15 Jan 2021 13:00With 138% Short Interest, Board Change Sends GameStop Stock Soaring
Forbes - 15 Jan 2021 15:10Insurers Face Big Payouts to U.K. Businesses Over Covid Disruptions
Wall Street Journal - 15 Jan 2021 14:33
The U.K. Supreme Court ruled that insurers must pay out disputed claims related to the coronavirus to a range of businesses, ending a legal case spanning months and potentially setting a precedent for other jurisdictions...
JPMorgan Posts Record $12.1 Billion Profit-Shattering Expectations Despite Pandemic Highs
Forbes - 15 Jan 2021 14:26Top Stocks To Short Today As Markets Fall Despite Strong Bank Earnings
Forbes - 15 Jan 2021 21:28Top Stocks To Buy Today As Dow Ends Week Trading Lower
Forbes - 15 Jan 2021 21:14America's Big Banks Girded for Bad Loans. They're Still Waiting.
Wall Street Journal - 15 Jan 2021 20:20
JPMorgan, Citigroup and Wells Fargo all reported better-than-expected earnings Friday. Reserve releases and Wall Street powered the results.
It's Been A Numbers Game For Netflix And Investor Want To See How They All Added Up
Forbes - 15 Jan 2021 19:53More Cash Means More Problems for Big Banks
Wall Street Journal - 15 Jan 2021 19:27
Large lenders enter 2021 coiled with potential energy from their deposit-fueled cash piles, but it's hard to pinpoint when that might translate into shareholder returns.
Billionaire Jamie Dimon Worries Federal Spending Could Trigger High Inflation, Urges Businesses To Help Government Curb Inequality
Forbes - 15 Jan 2021 19:06Stimulus Checks Can't Come Soon Enough for Retailers
Wall Street Journal - 15 Jan 2021 18:57
The holiday retail sales slump has boosted the argument for the Biden administration's stimulus plans.
2021: The Year Of The Gripping Hand
Forbes - 15 Jan 2021 18:17Biden Stimulus Adds Fuel to Copper Rally
Wall Street Journal - 15 Jan 2021 17:33
Copper prices have been lifted by wagers that an improving economy will further increase consumption along with buoyant demand from China.
Market Seems Subdued After Mixed Bank Results, Biden Stimulus Announcement
Forbes - 15 Jan 2021 17:00The Story Behind the Market's Hottest Funds
Wall Street Journal - 15 Jan 2021 17:00
Thematic ETFs allow investors to bet on trends and concepts--but their narrow focus increases their risk.