Sweta Singh

Visa beats profit estimates on travel, online spending boom

Oct 26 2021

Visa Inc's quarterly profit topped Wall Street expectations on Tuesday, as a recovery in travel and an improving global economic picture drove volume growth at the world's largest payment processor.

Consumer banking powers Citigroup's profit beat

Oct 15 2019

Citigroup Inc reported higher-than-expected earnings on Tuesday off the back of its global consumer business, showing consumer spending and sentiment remain high.

JPMorgan beats profit estimates, says consumer remains strong

Oct 15 2019

JPMorgan Chase & Co kicked off bank earnings on Tuesday by beating Wall Street estimates for quarterly profit by a wide margin, a signal that the U.S. consumer remains strong, executives at the largest U.S. bank said.

JPMorgan beats profit estimates but shows signs of pressure

Jul 16 2019

JPMorgan Chase & Co reported a quarterly profit that beat estimates on Tuesday as higher interest income and consumer lending offset lower activity at its trading desks.

Goldman Sachs profit beats estimates, boosted by strong equities trading

Jul 16 2019

Goldman Sachs Group Inc reported a stronger-than-expected quarterly profit on Tuesday as the Wall Street investment bank benefited from increased stock trading.

Citigroup profit beats estimates on gains in consumer lending

Jul 15 2019

Citigroup Inc topped expectations for quarterly profit on Monday as a tight lid on costs and strength in consumer lending helped the third-largest U.S. bank counter weakness in its trading business. | Video

Caterpillar, Nvidia sound alarm on profit hit from China

Jan 28 2019

Warnings from Caterpillar and Nvidia on Monday about weakening demand from China signal investors could see more profit shortfalls from U.S. companies that count on the world's No. 2 economy for a big portion of their business. | Video

JPMorgan's consumer banking strength offsets bond trading weakness

Oct 12 2018

JPMorgan Chase & Co reported a better-than-expected quarterly profit on Friday as gains from higher interest rates and growth in loans helped the bank offset weakness in bond trading revenue. | Video

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