Category: Uncategorized

Goldman Sachs tops analyst estimates as trading desks crush expectations amid surging volatilityGoldman Sachs first-quarter earnings blew past expectations as its traders effectively navigated a surge in markets volatility from the […]

Citigroup tops earnings estimates on better-than-expected trading revenueHere are the numbers:$2.02 per diluted share vs $1.55 a share Refinitiv estimateRevenue: $19.19 billion vs $18.15 billion estimateHow big of a hit […]

Elon Musk offers to buy Twitter, take it privateMusk’s best and final offer was to pay $54.20 per share for 100% of Twitter, and said that if his offer was […]

Banks Raise Prime Rate to 3.20%Royal Bank of Canada and TD Bank were among the first big Canadian lenders to announce Wednesday that they were following the Bank of Canada […]

Kevin Carmichael: Brace for more big hikes because the Bank of Canada is far from finishedGovernor Tiff Macklem and his deputies raised the benchmark interest rate by half a percentage point on […]

Broad increase in U.S. producer prices underscores tough inflation battle for Federal ReserveU.S. monthly producer prices increased by the most in more than 12 years in March amid strong demand […]

Remember the bet on rebounding airline stocks? It’s now worth another lookAirline stocks have been a disappointing bet over much of the past year: We are more or less free […]

Asia-Pacific stocks mixed as data shows China’s exports rose more than expectedAsia-Pacific stocks were mixed on Wednesday.U.S. consumer prices rose 8.5% in March as compared with a year ago, the […]

APRIL 13: Before The BellEquitiesWall Street futures edged higher early Wednesday as investors continued to weigh the latest U.S. inflation figures and brace for the start of earnings season. Major […]