Like at peers Goldman Sachs and JPMorgan Chase, a massive beat in equities trading drove the quarter’s outsized results.
Star analyst Dan Ives forms Yorkville Ives merchant bank after leaving Wedbush
The new firm, Yorkville Ives & Co., will combine investment banking, equity research, institutional trading and principal investing.
Stocks making the biggest moves premarket: BlackRock, PayPal, ASML, Morgan Stanley & more
These are the stocks posting the largest moves premarket.
The $60 trillion in missing inheritance: Here’s what to know
Baby boomers are expected to transfer around 100 trillion dollars in wealth inheritance in the coming decades, but Visa is warning that number could be a lot smaller. CNBC’s Robert Frank joins ‘Squawk Box’ to explain why.
Warren Buffett calls Bill Gates’ actions with Epstein ‘distasteful,’ but people make mistakes
The Berkshire Hathaway chairman left out the Gates Foundation from his annual charitable stock gifts for the first time in 20 years.
Renewed Hormuz hostilities drive ECB rates rethin amid ‘extremely volatile’ outlook
Several consecutive days of strikes exchanged between the U.S. and Iran have cast uncertainty on the European Central Bank’s interest rate decision next week.
China posts slowest quarterly growth since 2022 as investment slumps, fanning stimulus calls
That second-quarter growth came below Beijing’s full-year growth target range of 4.5% to 5%, the least ambitious goal in decades.
The AI boom just found two new winners: Goldman Sachs and JPMorgan Chase
Goldman Sachs and JPMorgan showed that Wall Street is a major beneficiary of the AI boom, with record revenue driven by surging trading and investment banking.
T. rex sells for $50 million, becoming the most expensive dinosaur fossil ever auctioned
It passes a stegosaurus skeleton that billionaire hedge funder Ken Griffin bought for $44.6 million in 2024.
Stocks making the biggest moves midday: IBM, Goldman Sachs, CleanSpark, HCA Healthcare & more
These are some of the stocks posting the largest moves midday.