JPMorgan Chase posts largest U.S. banking profit ever as all five major banks top expectations, easing recession concerns. JPMorgan Chase reported a record $7.70 earnings per share for Q2, beating estimates of $5.72 and marking the largest quarterly profit in U.S. banking
Tuesday morningâs wild ~25% sell-off in IBM (IBM) stock, triggered by the release of disappointing preliminary results, sparked a historic volatility event across the July 17 options chain. Following preliminary results indicating revenue of just $17.2Bâwell below Wall Str
In its Q2 2026 investor letter, Longleaf Partners Small-Cap Fund highlighted Atlanta Braves Holdings, Inc. (NASDAQ:BATRK). Atlanta Braves Holdings, Inc. (NASDAQ:BATRK) owns and operates the Atlanta Braves Major League Baseball Club in the United States On July 13, 2
Piper Sandler's new Underweight rating and $250.00 price target push Intuit stock down 3.36% in morning trade. Intuit (INTU) shares fell 3.36% to $280.04 after Piper Sandler initiated coverage with an Underweight rating and a $250.00 price target. The move follows a weaker
In 2022, the U.S. utility industry had roughly $15 billion in unpaid bills it was trying to collect. By 2025, that number had hit $25 billion The number of customers having their electricity shut off is rising, as well. This is happening at the same time as demand f
The 20-year agreement includes options to extend, potentially increasing the total value to $11.6 billion. CleanSpark (NASDAQ: $CLSK) has signed a $6.6 billion lease for its Georgia data centre campus with an unnamed global technology company. The 20-year deal includes two
Quick Read - Applied Optoelectronics surged 6% after breaking ground on a 400,000 sq. ft. Texas transceiver campus, dragging Lumentum up 5% in sympathy. - NVIDIA's $2 billion investment in Coherent and its Texas indium phosphide ramp give the AI-optics trade a second ancho
Wells Fargo & Co (NYSE:WFC, XETRA:NWT) reported second-quarter profit that topped Wall Street expectations on Tuesday, as strong fee income and improved credit performance offset pressure on the bank's net interest margin. The bank posted earnings of $2 per share, well abo
Bank of America Corp (NYSE:BAC) shares rose about 2% in premarket trading after the bank reported second-quarter 2026 results that exceeded Wall Street expectations, driven by growth in net interest income, investment banking, trading and wealth management. The bank report
Financial stocks led Wall Street higher on Tuesday as a strong round of quarterly earnings from the nation's largest banks helped propel the sector to the top of the market leaderboard. The financial sector advanced roughly 1.2% during the session, outperforming all
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