Goldman Sachs on Wednesday reported fourth-quarter results that beat estimates on higher-than-expected trading revenue. Here’s what the company reported: Earnings: $11.95 per share vs LSEG’s $8.22 estimate Income: $13.87 billion versus expectations of $12.39 billion The bank said profit roughly…
The Taiwan Semiconductor Manufacturing Company (TSMC) logo is seen during the opening ceremony of the TSMC Global RnD Center in Hsinchu on July 28, 2023. (Photo by Amber Wang / AFP) Amber Wang | Afp | Getty Images A Taiwanese…
JPMorgan Chase on Wednesday reported record quarterly and annual earnings and revenue, cementing the company’s status as the largest and most profitable bank in US history. Here’s what the company reported: Earnings: $4.81 per share vs LSEG’s $4.11 estimate Income:…
Aerial view of the brine and processing areas of the lithium mine of Chilean company SQM (Sociedad Quimica Minera) in the Atacama Desert, Calama, Chile, on September 12, 2022. Martin Bernetti | Afp | Getty Images RIYADH, Saudi Arabia –…
LONDON – UK borrowing costs fell sharply on Wednesday, following the release of lower-than-expected consumer inflation prints both at home and in the US Yield on 10-year UK government bonds it was 16 basis points lower at 4.727% at 4pm…
Wells Fargo Shares rose on Wednesday after the bank reported better-than-expected earnings and issued strong net interest income guidance for 2025. Here’s what the bank posted for the fourth quarter compared to what Wall Street expected, based on a survey…
Saudi Energy Minister Abdulaziz bin Salman speaks during the Future Investment Initiative (FII) annual conference in Riyadh on October 29, 2024. Fayez Nureldine | Afp | Getty Images RIYADH, Saudi Arabia — Saudi Arabia is pushing forward to put itself…
The prices consumers pay for a variety of goods and services rose again in December, but 2024 closed with slightly better news on inflation, particularly on housing. The consumer price index increased by a seasonally adjusted 0.4% on a monthly…
Chase CEO Jamie Dimon looks on as he attends the seventh “Choose France Summit”, aimed at attracting foreign investors to the country, at Chateau de Versailles, outside Paris, on May 13, 2024. Ludovic Marin | Via Reuters JPMorgan Chase executives…
Citigroup shares jumped Wednesday after fourth-quarter earnings beat estimates at the top and bottom line, reflecting broad-based strength at the bank. “2024 was a critical year and our results show that our strategy is meeting expectations and driving better results…