Luxury stocks fall as Iran war weighs on earnings; Hermes sinks 8%
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Bank of America tops estimates as CEO Brian Moynihan says consumer banking is ‘healthy’
Bank of America, the nation’s second-largest lender, beat on the top and bottom lines during the first quarter, bolstered by…
Morgan Stanley tops estimates as trading revenue exceeds expectations by $1 billion
Ted Pick, CEO of Morgan Stanley speaks on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on…
Luxury stocks fall as Iran war weighs on earnings; Hermes sinks 14%
A woman walks in front of the Gucci store on Fifth Avenue in Trump Tower on February 24, 2021 in…
Chip giant ASML raises 2026 guidance as AI semiconductor demand stays strong
.flourish-credit { opacity: 0.5 !important; margin: 0px !important; margin-top: -8px !important; font-size: 10px !important; }ASML raised its sales forecast for…
We’re downgrading Wells Fargo after back-to-back quarters that left a lot to be desired
“Not a great quarter.” That’s how Jim Cramer on Tuesday summed up another lackluster quarter from Wells Fargo. Total revenue…
J&J is off to a strong start in 2026 — here’s how our newest stock can build on it
Johnson & Johnson on Tuesday validated our decision to make it our newest Club stock, delivering a beat-and-raise quarter led…
Citigroup beats estimates, boosted by gains in fixed income
Jane Fraser, CEO of CitiGroup, speaking at the World Economic Forum in Davos, Switzerland on Jan. 20th, 2026. Oscar Molina…
BlackRock raises view on U.S. stocks on belief that war is over, profits are up
A sign is posted on the exterior of a BlackRock office on Jan. 15, 2026 in San Francisco, California.Justin Sullivan…
Goldman shares fall on imperfect quarterly results. Here’s our advice on the stock from here
Goldman Sachs reported good but not great first-quarter earnings on Monday, sending shares lower to kick off the trading week.…
LVMH sales miss expectations as luxury recovery is put on pause amid Middle East war
A Louis Vuitton bag is displayed at the LVMH Moet Hennessy Louis Vuitton stand during the Viva Technology conference dedicated…
Goldman Sachs tops estimates on record equities trading — here’s why the stock is falling
Goldman Sachs on Monday posted first-quarter results that topped expectations on record equities trading results and higher-than-expected investment banking revenue.Here’s…
Goldman Sachs tops estimates on record equities trading, better-than-expected investment banking
Goldman Sachs CEO David Solomon speaks during an interview at the Economic Club of Washington, Oct. 30, 2025.Kevin Lamarque |…
Goldman Sachs is set to report first-quarter earnings — here’s what Wall Street expects
Goldman Sachs CEO David Solomon speaks during an interview at the Economic Club of Washington, Oct. 30, 2025.Kevin Lamarque |…
TSMC posts 35% jump in revenue to new record high as AI chip demand stays strong
Taiwan Semiconductor Manufacturing Company’s logo is seen in the background beside a printed circuit board. Sopa Images | Lightrocket |…
Fast Retailing shares soar to record high after the Uniqlo owner lifts profit forecast
Customers exit a Uniqlo store, operated by Fast Retailing Co., in Tokyo, Japan.Akio Kon | Bloomberg | Getty ImagesFast Retailing…
Delta CEO says airline will ‘meaningfully’ cut growth plans, sees $300 million boost from its refinery
Delta Air Lines CEO Ed Bastian said the carrier will “meaningfully reduce” its capacity growth plans in the near term…
Shares of China AI ‘tiger’ Zhipu surge 35% after revenue doubles in first earnings report
The Zhipu AI logo is seen displayed on a smartphone screen. Sopa Images | Lightrocket | Getty ImagesShares of Chinese…
Nike’s disappointing guidance signals its turnaround is farther from finish line than we hoped
Nike shares tumbled Tuesday evening after the company issued disappointing quarterly guidance, further proof the turnaround is taking longer than…
Huawei’s cloud computing revenue dropped in 2025 as Chinese AI lagged U.S. rivals
Consumers browse Huawei phones in a shopping mall in Yantai, Shandong Province, China on March 8, 2026. Cfoto | Future…
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