These are the stocks posting the largest moves in premarket trading.
Category: Finance News
Wells Fargo posts lower earnings and revenue amid an 11% decline in net interest income
The San Francisco-based lender posted $11.69 billion in net interest income, a 11% decrease from the same quarter last year.
Jamie Dimon says geopolitical risks are surging: ‘Conditions are treacherous and getting worse’
JPMorgan Chase CEO Jamie Dimon sees risks climbing around the world amid widening conflicts in the Middle East.
UK economy grows 0.2% in August, in line with expectations
The U.K. economy had previously recorded modest but steady expansion in almost every month this year, but flatlined recently.
JPMorgan Chase is set to report third-quarter earnings – here’s what the Street expects
JPMorgan will be watched closely for clues on how banks are faring at the start of the Federal Reserve’s easing cycle.
Berkshire slashes Bank of America stake to under 10%, no longer required to disclose frequently
Warren Buffett’s Berkshire Hathaway cut its stake in Bank of America below an important level.
Wealthy millennials and Gen Z are redefining philanthropy
Wealthy donors under the age of 43 are more likely to volunteer, fundraise and act as mentors for charitable causes rather than just give money.
Stocks making the biggest moves midday: First Solar, Tesla, CVS, TD Bank and more
These are the stocks posting the largest moves in midday trading.
The Fed is finally cutting rates, but banks aren’t in the clear just yet
When the Federal Reserve cut its benchmark rate by half a percentage point last month, it boosted prospects for many banks.
Here’s the inflation breakdown for September 2024 — in one chart
Inflation fell in September as gasoline prices declined and housing inflation moderated, according to the consumer price index.