Uncertainty around growth and profitability for JD.com has kept Morgan Stanley “waiting for the silver lining.” The bank downgraded shares to equal weight from overweight. It also slashed its price …
A Wells Fargo customer uses the ATM at a branch in San Bruno, California, on Aug. 8, 2023. Justin Sullivan | Getty Images Wells Fargo on Friday surpassed Wall Street …
Jamie Dimon, chairman and CEO of JPMorgan Chase, at the U.S. Capitol for a lunch meeting with the New Democrat Coalition in Washington, D.C., June 6, 2023. Nathan Howard | …
Scott Sheffield, CEO of Pioneer Natural Resources. Adam Jeffery | CNBC Pioneer Natural Resources CEO Scott Sheffield said oil prices could move a lot higher if Iran gets involved in the war …
The draw of bargains may be fading. As three of the nation’s biggest retailers kick off a key sales week, former Walmart U.S. CEO Bill Simon warns consumers are starting …
The unexpected Israel-Hamas conflict is the latest risk to what was already an unstable market environment — but there are ways investors can strengthen their portfolios. Oil prices rose Monday …
A government shutdown looming on the horizon could dampen market sentiment to start October even as Wall Street wraps up what’s been a challenging month and quarter. Legislators are scrambling …
Speaker of the House Kevin McCarthy, R-Calif., talks with reporters about a possible government shutdown, border security, and other issues, outside his U.S. Capitol office on Tuesday, September 26, 2023. …
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, September 26, 2023. Brendan McDermid | Reuters A majority of Wall Street investors haven’t …
The US securities regulator has collected thousands of staff messages from more than a dozen major investment companies, escalating its probe into Wall Street’s use of private messaging apps, said four …