Banking, Business

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

“…Here’s what the company reported: The company said earnings rose 26% to $4.32 billion, or $2.60 per share, while revenue climbed 17% to a record $17.74 billion…” https://www.cnbc.com/2025/04/11/morgan-stanley-ms-q1-2025-earnings.html

Banking, Business, Stocks

“Citigroup profit beats estimates as stock trading jumps 23%”

“…Citi’s markets revenue rose 12% to $6 billion in the quarter, surpassing its earlier expectations for a mid-single-digit percentage gain. Equity revenue surged 23%, buoyed by more client activity. Fixed income revenue, a major driver of Citi’s markets business, jumped… Continue Reading…

Stocks

“Schwab, Fidelity resolve temporary disruptions on frenetic trading day”

“Charles Schwab and Fidelity Investments have resolved technical issues with their apps, the online brokerages said on Monday, on a day users rushed to trade as markets slumped on rising fears of a U.S. recession. Some customers struggled to log… Continue Reading…

Energy

“Oil market ‘oversold’? Analysts and traders pin crude’s price plunge on demand, trading strategies”

“… …” https://www.cnbc.com/2024/06/05/oil-market-oversold-analysts-and-traders-on-crudes-price-plunge.html The cost of energy is going to keep going up over time not down. America needs to become energy independent. Then prices will not only fall but stay low.

Stocks

“Dr. Martens shares plunge 30% to all-time low, trading briefly halted on weak outlook”

“Shares of Dr. Martens plunged 30% on Tuesday to hit a record low, after the shoemaker flagged a challenging 2025 outlook on the back of weaker revenues. Trading in the company shares was temporarily suspended on the London Stock Exchange… Continue Reading…

Cryptocurrencies

“Bitcoin breaks $70,000 in volatile trading, hitting a new record to end the week”

“The price of bitcoin jumped to a new record on Friday, breaking through $70,000 for the first time ever. The cryptocurrency was last higher by about 2% at $69,304.84, according to Coin Metrics. At one point, however, it rose as high as… Continue Reading…

Stocks

“1 Growth Stock Trading at an All-Time-Low Valuation That Could Rise by 97%, According to Wall Street”

“…Chewy (NYSE: CHWY). The stock currently trades at around $16 per share, but Wall Street analysts are quite upbeat on the stock, maintaining an average price target of $31.62. That implies a 97% upside potential. Recently, the company received updated buy… Continue Reading…

Cryptocurrencies, Stocks

“Bitcoin Retreats From 2-Year High on First Day of ETF Trading”

“The token had advanced as much as 6.7% to $49,021, buoyed by the approval of spot Bitcoin ETFs by the US Securities and Exchange Commission after markets closed on Wednesday. It was recently trading at around $46,300. Most smaller tokens,… Continue Reading…

Stocks

“Robinhood drops 13% after reporting big declines in trading volume and revenue”

“…Robinhood also reported fewer monthly active users, which fell 16% to 10.3 million in the third quarter from the same period last year. Although third-quarter revenue rose 29% to $467 million, it fell short of the $480 million analysts were… Continue Reading…

Stocks

“Stock market news… Stocks rise to kick off new year of trading”

“…U.S. equities posted another year of solid gains in 2021, rising by 27% and delivering a rare third consecutive double-digit annual percentage increase. Within the S&P 500, the energy and real estate sectors outperformed, gaining more than 42% each during… Continue Reading…