Morgan Stanley beats second-quarter estimates on record wealth management revenue
Key takeaways Morgan Stanley posted record wealth management revenues and beat earnings and sales estimates. The bank benefited from higher interest rates as the Federal Reserve raised rates
Higher rates support Bank of America earnings, but concerns over commercial real estate lending loom
Bank of America (BAC) recorded double growth figures in second-quarter revenue and net profit on Tuesday as rising interest rates boosted revenue from money lending. KEY POINTS Bank
Early Solar Stocks Soar After Energix Renewables Deal
Key takeaways First Solar has agreed to supply solar modules to Israeli renewable energy company Energix Renewables. The modules are expected to be delivered from 2026 to 2030.
Daily Forex analysis on 07/18/2023
Hello. Below are some recommendations for trading in the Forex market on 07/18/2023 USDJPY /p> at 50% and made a small bounce up. So far, this whole downward
ICE and Black Knight Sell Optimal Blue Business to Comply with Regulator Concerns
Key Points ICE and Black Knight are selling Black Knight's Optimal Blue business. Toronto-based Constellation Software will pay $700 million for Optimal Blue. The move is designed to
Ford slashes electric F-150 prices citing improved production and battery costs
Key takeaways Ford is slashing prices of its electric F-150 Lightning as it benefits from improved production and lower battery costs. The MSRP of the cheapest model is
Eli Lilly buys Versanis to bolster its obesity drug portfolio
Key Points Eli Lilly has agreed to purchase privately-held biopharmaceutical company Versanis for up to $1.93 billion. The purchase is intended to strengthen Lilly's reach in the cancer
Trading forecasts and ideas for 07/17/2023
Hello. Below are some recommendations for trading in the Forex market on 07/17/2023 EURUSD On the EURUSD pair, they made targets of 1.1181 and remained in the zone
UnitedHealth Group's share price soars on improving earnings outlook
UnitedHealth Group (UNH) achieved double-digit growth in its revenue, a higher full-year profit forecast and a lower-than-expected cost increase in its second-quarter earnings. Shares of UNH rose about
Higher rates and average loan growth fuel JPMorgan's earnings and shares
High demand for loans and high loan rates Higher interest rates that boosted its net interest income boosted JPMorgan Chase's (JPM) second-quarter earnings, despite the inclusion of financial