Wells Fargo becomes bullish on this biotech company
Neurocrine Biosciences ‘ drug pipeline is turning a corner and the company will be “knocking on the doors of the large-cap club” soon, according to Wells Fargo. Analyst Mohit Bansal …
Wall Street
Stock market primed for short-term bounce, but correction still not over
The stock market is poised for a short-term bounce, but technical analysts who watch price charts warn that the correction is not yet over. Stocks were higher on Monday, attempting …
Million-dollar jobs, travel perks and racy parties vanish as China’s research pullback sends chills through banks and brokers
The cutbacks, described by people familiar with the matter, come as a prolonged market slump reduces trading commissions and authorities tighten limits around what research analysts are allowed to publish. …
Video appearing to show MLB coach inside cockpit of Toronto-bound flight prompts probe
Federal transportation officials in the United States are investigating an unauthorized in-flight cockpit visit by a coach for the Colorado Rockies baseball team during a United Airlines charter flight last …
Investors are hoping Big Tech earnings next week could revive a flagging bull market
The Big Tech earnings next week could revive a flagging market, or at least give investors direction into where stocks are going from here. Next week will spotlight the bulk …
Morgan Stanley (MS) earnings Q1 2024
Morgan Stanley on Tuesday posted results that topped analysts’ estimates for profit and revenue as wealth management, trading and investment banking exceeded expectations. Here’s what the company reported: Earnings: $2.02 …
Bank of America (BAC) earnings Q1 2024
Bank of America on Tuesday reported first-quarter earnings that topped analysts’ estimates for profit and revenue on better-than-expected interest income and investment banking. Here’s what the company reported: Earnings: 83 cents …
Goldman Sachs (GS) earnings Q1 2024
David Solomon, Chairman & CEO Goldman Sachs, speaking on CNBC’s Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024. Adam Galici | CNBC Goldman …
Cathie Wood takes a stake in OpenAI, betting on an explosion in AI use
Cathie Wood’s Ark Invest has taken a stake in OpenAI, the popular artificial intelligence player that’s behind ChatGPT. In a Thursday email to clients, the St. Petersburg, Florida-based asset manager …
Citigroup (C) earnings Q1 2024
Jane Fraser, CEO of Citi, speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 1, 2023. Patrick T. Fallon | AFP | Getty Images Citigroup on …