Trump, tariffs and Wall Street
Digest more
Wall Street ends with modest gains
Digest more
The S&P 500 was virtually unchanged in midday trading and just a bit below its all-time high, even as more than four out of every five stocks within the index fell.
On Bullish with Sonali Basak, we explore how private equity is changing the landscape for homebuyers and renters, and whether it will help or hurt them.
JPMorgan Chase posted second-quarter earnings of $5.24 per share, topping Wall Street’s expectations of $4.48. On an adjusted basis, excluding a significant item for the quarter, the bank reported second-quarter profit of $4.
JPMorgan Chase raised its net interest income forecast for 2025 after strong results in investment banking and trading helped it surpass profit expectations for the second quarter.
Explore more
Wall Street's hottest artificial intelligence (AI) stock has gained 2,130% since 2023 began and now sports a truly history-making valuation premium.
Bitcoin has surged over 25% year-to-date, reaching record highs above $122,000, fueled by massive inflows from Wall Street, including $85 billion from new Bitcoin ETFs over the last year or so. The influx of traditional capital is also reducing Bitcoin’s volatility.
UnitedHealth kicked off the year with a stark warning. In early January, management told investors to brace for rising medical costs, forecasting a medical care ratio north of 86%, compared to the 85% Wall Street had priced in. Then came the major gut punch in April.
Citigroup (C) boosted its full-year net interest income guidance and now sees 2025 revenue at the high end of its previous guidance. The bank posted beats on both Q2 EPS and revenue. Its services business continued to shine, and banking revenue jumped 23% Y/Y.