News

Bunq, a neobank for 'digital nomads,' accelerates U.S. expansion effort as profit jumps 65%

Dutch digital bank Bunq said Tuesday that it's applied for a broker-dealer license, in an initial step toward securing a full banking license.

Citigroup is set to report first-quarter earnings – here's what the Street expects

Citigroup may have a key disadvantage when it comes to first-quarter earnings.

Bank of America to report first-quarter earnings

Bank of America shares have sold off in recent weeks on concern that President Donald Trump's tariff policies could cause a recession.

Online trading platform Webull soars 375% in second day on market after SPAC merger

Webull, which competes with Robinhood, has racked up 23 million users, including some who signed up after receiving stimulus checks.

Zero-day options are fueling the unprecedented volatility on Wall Street amid tariff chaos

Zero-day- to-expiration options are contracts that expire the same day that they're traded.

Op-ed: NYSE systems are working normally, handling record volume more efficiently than during Covid crash, president says

Our market makers have taken manual control of the opening and closing auctions at more than 2 times their usual rate to mitigate the market's volatility.

Goldman Sachs is about to report first-quarter earnings

Goldman Sachs may prove to be a beneficiary of the recent market environment.

Jamie Dimon says he expects S&P 500 earnings estimates to fall as companies pull guidance

"Analysts have generally reduced their S&P estimate earnings by 5%," in recent days, Dimon said. "I think you'll see that come down some more."

With IPOs on hold even longer, tariffs spell trouble for private tech investors

The venture capital industry was already under a lot of pressure prior to the multitrillion-dollar stock market rout last week.

Morgan Stanley tops quarterly estimates as equity trading revenue surges 45%

Shares of Morgan Stanley, like those of its peers, have whipsawed in recent days amid President Donald Trump's trade policies.

Wells Fargo shares climb on higher earnings, CEO calls for 'timely' trade resolution

Net interest income, a key measure of what a bank makes on loans, fell 6% year over year to $11.50 billion,

Unprecedented ‘shock’: Why bond yields may face even more challenges ahead

A global trade slowdown tied to U.S. tariffs will likely create a challenging environment for bond fund managers, according to financial futurist Dave Nadig.
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