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Banking, Business

“JPMorgan Chase beats profit estimates on strong trading, $5.2 billion release of loan-loss reserves”

“JPMorgan Chase on Wednesday reported profit and revenue that exceeded analysts’ expectations on robust trading results and a $5.2 billion benefit from releasing money it had previously set aside for loan losses that didn’t develop. The bank posted first-quarter profit of… Continue Reading…

Stocks

“9 Top Nasdaq Stocks Are Already Beating The Market By 15X”

“Already this year, nine stocks in the Nasdaq 100, including techs Applied Materials (AMAT) and LAM Research (LRCX) plus consumer discretionary Tesla (TSLA), are up more than 15%, says an Investor’s Business Daily analysis of data from S&P Global Market Intelligence and MarketSmith. That’s roughly 15 times greater… Continue Reading…

Business

“T-Mobile Shares Gain Over 6% After Earnings Beat; Buy with Target Price $138”

“The U.S. wireless carrier said its total service revenues increased year-over-year to $14.1 billion in Q3 2020 and total revenues increased year-over-year to $19.3 billion in Q3 2020, driven by the Sprint merger and continued customer growth. That was higher… Continue Reading…

Business

“Procter & Gamble beats estimates as sales jump 9%, raises forecast amid strong demand”

“Procter & Gamble reported on Tuesday that fiscal first-quarter revenue rose 9%, fueled by demand for its cleaning and laundry products during the coronavirus pandemic. On the heels of the strong quarter, P&G raised its sales outlook and expectations for core earnings growth… Continue Reading…

Stocks

“Amazon soars after huge earnings beat”

“Shares of Amazon climbed as much as 11% in extended trading on Thursday after smashing earnings expectations for the fourth quarter. The company’s market cap surged above $1 trillion after hours on the back of the powerhouse earnings report. In doing so, it joined Apple, Alphabet and Microsoft,… Continue Reading…

Business

“10 Ridiculously Simple Business Tips That Will Help You Beat Your Competition”

“1. Don’t sell products, provide solutions …Don’t list all the benefits your product brings. Focus on the solutions. Explain to the customer in simple, straightforward terms how or why your product can help them or assist in the attainment of their… Continue Reading…

Economy

“U.S. beats Saudi Arabia to become top oil exporter on shale boom”

“Surging output from shale helped America ship almost nine million barrels a day of crude and oil products in June, surpassing Saudi Arabia, the International Energy Agency said in a report, citing gross export figures. There’s room to send even more… Continue Reading…

Economy

“GDP slows to 2.1% in second quarter but beats expectations…”

“GDP increased 2.1%, down from 3.1% from the first quarter, and the weakest increase since the first quarter of 2017 when President Donald Trump took office. Dow Jones Q2 estimates were for 2% growth. However, the underlying numbers in the… Continue Reading…

Economy

“Strong U.S. Hiring Rebound…” Tops All Estimates

“The American jobs engine revived in June as hiring topped all economists’ estimates… Nonfarm payrolls climbed a solid 224,000 last month… a Labor Department report showed Friday. At the same time, the jobless rate ticked up to 3.7% from a… Continue Reading…