Citigroup C Q2 earnings report 2023
Citigroup on Friday reported second-quarter earnings and revenue that topped expectations. Despite the beat, Citi’s revenue fell 1% from a year ago as the decline in markets and investment banking …
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JPMorgan Chase (JPM) earnings 2Q 2023
Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., at the US Capitol for a lunch meeting with the New Democrat Coalition in Washington, DC, US, on …
This is ‘the end of the beginning’ of the battle against inflation, economist says
U.S. Federal Reserve Board Chairman Jerome Powell speaks during a news conference following a meeting of the Federal Open Market Committee (FOMC) at the headquarters of the Federal Reserve on …
Global stock pro outpaces peers with differentiated, long-term bets
Krishna Mohanraj joined Diamond Hill Capital Management at an opportune moment. The portfolio manager started at Diamond Hill in 2012 when the investment firm, then primarily known for its domestic …
A.I. may mean ‘decade of health care” has arrived. Here are some picks
Investors hoping to capture more upside from artificial intelligence could turn to a sector that’s underperformed this year, and maybe not immediately associated with AI: Health care. A handful of …
June inflation data will be closely watched by traders in coming week
Investors are turning their attention to inflation data in the week ahead, following this week’s hot jobs data, to further clarify the path of future monetary policy. Market participants are …
Bill Ackman amplifies RFK Jr on Covid vaccines
Bill Ackman Scott Mlyn | CNBC Bill Ackman said in 2021 that delaying Covid vaccinations for older Americans “seems like genocide.” Today, the influential hedge fund chief and investor is …
Rivian shares are set to pop more than 35% as outlook for EV maker improves, Wedbush says
The Rivian story is “finally” turning around after several difficult quarters, according to Wedbush. “We believe after a number of ‘one step forward, two steps back’ excuses for Rivian and …