Goldman Sachs (GS) 2Q 2022 earnings
[ad_1] Goldman Sachs on Monday posted profit and revenue that exceeded analysts’ estimates as fixed income traders generated roughly $700 million more revenue than expected. Here’s what the company reported…
Bank of America (BAC) 2Q 2022 earnings
[ad_1] Bank Of America CEO Brian Moynihan is interviewed by Jack Otter during “Barron’s Roundtable” at Fox Business Network Studios on January 09, 2020 in New York City. John Lamparski…
Traders bet the Fed could raise interest rates by 1 percentage point this month
[ad_1] After June’s super hot consumer inflation report, traders in the futures market immediately began to bet the Federal Reserve could raise interest rates by as much as a full…
Earnings could be an even bigger catalyst for stocks after the market’s wild ride on rate fears
[ad_1] Traders on the floor of the NYSE, July 12, 2022. Source: NYSE Investors are likely to switch their focus to earnings season, after the market’s wild ride on rising…
JPMorgan (JPM) 2Q 2022 earnings miss
[ad_1] JPMorgan Chase said Thursday that second-quarter profit slumped as the bank built reserves for bad loans by $428 million and suspended share buybacks. The actions reflect Chairman and CEO…