[ad_1] A stationary bicycle inside of a Peloton store is pictured in the Manhattan borough of New York City, U.S., January 25, 2022. Carlo Allegri | Reuters Peloton has quietly removed its unlimited free-membership tier on its fitness app less than a year after it debuted because the initiative was …
Read More »Tag Archives: Morgan Stanley
JPMorgan Chase tops estimates on better-than-expected credit costs, trading revenue
[ad_1] Jamie Dimon, President and CEO of JPMorgan Chase, speaking on CNBC’s “Squawk Box” at the World Economic Forum Annual Meeting in Davos, Switzerland, on Jan. 17, 2024. Adam Galici | CNBC JPMorgan Chase on Friday posted profit and revenue that topped Wall Street estimates as credit costs and trading …
Read More »Biotech stocks are ready to break out. They just need one more thing
[ad_1] While debate rages on about when the Federal Reserve might start cutting interest rates, biotech industry analysts are making the case that the argument for stocks in the sector is growing. The central bank has held rates steady since last July as it patiently waits for more signs that …
Read More »Disney wins proxy fight with Nelson Peltz’s Trian Partners, as shareholders reelect full board
[ad_1] Bob Iger poses with Mickey Mouse attends Mickey’s 90th Spectacular at The Shrine Auditorium on October 6, 2018 in Los Angeles. Valerie Macon | AFP | Getty Images Disney shareholders on Wednesday reelected the media conglomerate’s full board, preliminary results show, handing a stinging defeat to activist Nelson Peltz …
Read More »S&P 500 rises slightly, tries to recover from back-to-back losses: Live updates
[ad_1] Markets stuck between ‘Goldilocks’ and ‘reflation flirtation,’ says Goldman Current investor optimism in equities has been driven largely due to enthusiasm surrounding AI, which has created a concentrated market, according to Goldman Sachs. However, while earnings have broadly been strong, cyclical sectors of the market have not yet revised …
Read More »Nordstrom shares jump more than 10% on report retailer is trying to go private
[ad_1] Shoppers exit the Nordstrom at the Westfield Topanga mall in Canoga Park, California, on Aug. 14, 2023. Christina House | Los Angeles Times | Getty Images Nordstrom shares jumped more than 10% on Tuesday following a report that the department store chain is attempting to go private. The retailer’s …
Read More »Morgan Stanley names a head of artificial intelligence as Wall Street leans into AI
[ad_1] The Morgan Stanley digital sign is seen at the company’s Times Square headquarters in New York, U.S., on Friday, Jan. 12, 2016. John Taggart | Bloomberg | Getty Images Morgan Stanley promoted a tech executive in its wealth management division to become the bank’s first head of firm-wide artificial …
Read More »Music, Dance, Family Bonding & A Special Surprise: Decoding Anant Ambani-Radhika Merchant’s 3-Day Jamnagar Festivities – News18
[ad_1] Last Updated: February 24, 2024, 14:57 IST Anant Ambani and Radhika Merchant. (File image) From March 1-3, the Ambani Home in Jamnagar will be decked up for celebrations that will include an experience of nature conservation done over the last few decades in the city and the animal rescue …
Read More »Wall Street made bold calls on 4 of our stocks this week. Here’s where we stand
[ad_1] Wall Street analysts revealed bold predictions on four portfolio stocks this week, as investors digested the latest inflation data and December earnings season kicked off. Here’s a summary of each report, along with the Club’s updated take on each. Morgan Stanley Wall Street’s take: HSBC cut Morgan Stanley’s rating …
Read More »Citigroup posts $1.8 billion fourth-quarter loss after litany of charges
[ad_1] Citigroup on Friday posted a $1.8 billion fourth-quarter loss after booking several large charges tied to overseas risks, last year’s regional banking crisis and CEO Jane Fraser’s corporate overhaul. All told, the charges — so massive the bank preannounced their effect this week — hit quarterly earnings by $4.66 …
Read More »