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February 19, 2020
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Goldman Sachs close to a deal with Amazon to offer loans to merchants

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CNBC – For more and to sign up click here David Solomon, Goldman Sachs, at Marcus event Goldman Sachs is in talks to offer small business loans to merchants on Amazon‘s sprawling e-commerce platform, according to a person with knowledge of the plan. The bank has been working on software......
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Climate crisis investors putting money towards sustainable future

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CNBC – For more and to sign up click here Mike Rasnic sits on the front porch of his home which is surrounded by floodwater on March 22, 2019 in Craig, Missouri. Scott Olson | Getty Images The risks of climate change are already impacting investors, with increasingly frequent climate......
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Dow down, GE jumps, Tesla rebounds, utilities at records

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CNBC – For more and to sign up click here This is a live blog. Check back for updates. 10:05 am: Utilities hit record highs 9:58 am: Travelers hits the Dow Not a name we talk about everyday, but Travelers is having an outsized impact on the Dow on Thursday,......
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TikTok pulled into the middle of a fight between Snap and Facebook

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CNBC – For more and to sign up click here Evan Spiegel, co-founder and chief executive officer of Snap Inc., stands on the floor of the New York Stock Exchange during the company’s initial public offering on Thursday, March 2, 2017. Michael Nagle | Bloomberg | Getty Images Burgeoning social......
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Why wealthy investors are increasingly bullish on economy to start 2020

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CNBC – For more and to sign up click here A man runs past the New York Stock Exchange (NYSE). Bloomberg There already have been six new all-time highs for stocks in the 12 trading days of 2020, putting the S&P 500 up close to 3% since the year started.......
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As stocks hit more more records, there are signs traders may be getting way too euphoric

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CNBC – For more and to sign up click here Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters Wall Street may be getting a bit too excited about the stock market’s hot start to the new year. The S&P 500 has already jumped......
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The huge rotation in stock market isn’t halfway over, JP Morgan says

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CNBC – For more and to sign up click here Traders work on the floor at the New York Stock Exchange, December 9, 2019. Brendan McDermid | Reuters The “once in a decade” trade J.P. Morgan called four months ago is still alive and has more room to run. The......
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Morgan Stanley Earnings Q4 2019 beat estimates

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CNBC – For more and to sign up click here James Gorman David A. Grogan | CNBC Morgan Stanley posted profit and revenue that exceeded analysts’ expectations. The bank said Thursday that fourth-quarter profit surged 46% to $2.24 billion, or $1.30 a share, compared with the 99 cent estimate of analysts......
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Dow rises 110 points to another record as Trump signs phase one trade deal with China

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CNBC – For more and to sign up click here Stocks rose on Wednesday ahead of the U.S. and China signing a so-called phase one trade deal while the corporate earnings season picked up steam. The Dow Jones Industrial Average traded 160 points higher, or 0.6% to reach an all-time......
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Bank of America (BAC) earnings Q4 2019

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CNBC – For more and to sign up click here Bank of America posted profit that exceeded analysts’ expectations on a rebound in trading revenue and as the company repurchased shares. The bank on Wednesday posted fourth-quarter profit of $7 billion, a 4% decline from a year earlier, or 74......
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For Jamie Dimon, retirement from JP Morgan is always five years away

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CNBC – For more and to sign up click here Jamie Dimon, CEO of JP Morgan Chase, speaking at the 2019 WEF in Davos, Switzerland on Jan. 23rd, 2019. Adam Galica | CNBC For years, Jamie Dimon had a running joke: Ask him when he was going to step down......
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Citigroup earnings beat expectations on 49% fixed-income trading surge

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CNBC – For more and to sign up click here Citigroup reported Tuesday quarterly results that easily beat analyst expectations, driven by strong fixed-income trading revenues along with growing sales from the bank’s consumer business. Here’s what analysts are expecting to see from the banking giant’s results: Earnings: $1.90 per......
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Wells Fargo (WFC) earnings Q4 2019

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CNBC – For more and to sign up click here Wells Fargo on Tuesday said fourth-quarter profits fell as persistent low interest rates and litigation charges weighed on its financial results. Earnings: 93 cents per share versus $1.12 per share forecast by Refinitiv Revenue: $19.86 billion versus $20.14 billion forecast......
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JP Morgan kicks off bank earnings, but all eyes on guidance

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CNBC – For more and to sign up click here Pedestrians walk outside a JPMorgan Chase & Co. Chase bank in Chicago. Daniel Acker | Bloomberg | Getty Images Big U.S. banks J.P. Morgan Chase, Bank of America and Citigroup will benefit from a rebound in trading revenue in the......
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Trade deal and earnings season could shape the market’s next moves

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CNBC – For more and to sign up click here Chinese Vice Premier Liu He (C) with United States Trade Representative Robert Lighthizer (R) and Treasury Secretary Steven Mnuchin (L) pose for photos before holding talks at the Xijiao Conference Center in Shanghai on July 31, 2019 Ng Han Guan......
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Dow 29,000, JP Morgan healthcare conference

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CNBC – For more and to sign up click here A trader works on the floor at the closing bell of the New York Stock Exchange, December 30, 2019. Bryan R Smith | Reuters Here’s what you need to know about Monday before you hit the door for the weekend.......
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Citigroup names 39 year old ex-McKinsey partner head of retail bank

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CNBC – For more and to sign up click here The silhouette of a pedestrian holding a mobile device is seen walking past a Citigroup bank branch in San Francisco. David Paul Morris | Bloomberg | Getty Images Citigroup is making David Chubak its new head of U.S. retail banking......
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Exxon, Axon, Boeing, Nordstrom & more

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CNBC – For more and to sign up click here Check out the companies making headlines before the bell: Cal-Maine Foods (CALM) – The nation’s largest egg producer posted a quarterly loss of 21 cents per share, compared to consensus estimates of a 3 cents per share profit. Revenue also......
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Stocks making the biggest moves midday: L3Harris, Tesla, Apache & more

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Check out the companies making headlines in midday trading. Source link: Click here for more...
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Buffett, Munger stick to their disciplined ways despite record cash: ‘We’re very good at saying no’

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“When somebody has a takeover bid. And they say, ‘Would you like to top it or something?’ To which our answer, invariably, is no,” Buffett said at Bershire’s annual meeting in 1999. Source link: Click here for more...

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