Edition:
United States

Sweta Singh

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

Tesla, Musk sought to 'burn' Citron, other short-sellers - lawsuit

Sep 06 2018

The prominent short-seller Andrew Left has sued Tesla Inc and its Chief Executive Elon Musk, saying Musk fraudulently engineered his since-abandoned plan to take Tesla private to "burn" investors hoping the electric car company's stock price would fall. | Video

Bank of America profit beats on consumer loan growth, lower expenses

Jul 16 2018

Bank of America Corp reported quarterly profit above analyst expectations on Monday as the second-largest U.S. lender cut expenses and benefited from growth in loans and deposits on the back of a strengthening economy. | Video

Citigroup executives see better growth ahead, but not yet

Jul 13 2018

Citigroup Inc is still on track to hit its goals for efficiency and revenue growth, executives said on Friday, as analysts pressed them to explain how those expectations line up with second-quarter results. | Video

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