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Financial News Around the World

Cathie Wood takes a stake in OpenAI, saying it’s at the forefront of a ‘Cambrian explosion’ in AI

In a Thursday email to clients, the St. Petersburg, Florida-based asset manager said her ARK Venture Fund has invested in OpenAI as of Wednesday.

Published 12 April 2024
Categorised as Finance News

Stocks making the biggest moves before the bell: JPMorgan, BlackRock, Globe Life and more

These are the stocks posting the largest moves in premarket trading.

Published 12 April 2024
Categorised as Finance News

Citigroup earnings are out – Here are the numbers

Citigroup CEO Jane Fraser has finished her sweeping corporate overhaul, including thousands of layoffs — now what?

Published 12 April 2024
Categorised as Finance News

Jamie Dimon warns that inflation, wars and Fed policy pose major threats ahead

Taken together, Dimon said the three issues pose substantial unknowns.

Published 12 April 2024
Categorised as Finance News

Wells Fargo earnings top estimates even as lower interest income cuts into profits

Wells Fargo on Friday reported first-quarter earnings and revenue that beat Wall Street expectations, despite a decline in net interest income.

Published 12 April 2024
Categorised as Finance News

UK economy posts 0.1% growth in February in further sign of recession rebound

The U.K. economy fell into a recession last year but showed slight growth in January.

Published 12 April 2024
Categorised as Finance News

JPMorgan Chase is set to report first-quarter earnings — here’s what the Street expects

JPMorgan Chase will be watched closely for clues on how banks fared at the start of the year.

Published 12 April 2024
Categorised as Finance News

Physical gold offers more protection than mining stocks, says State Street’s George Milling-Stanley

Gold bars can be a valuable hedge during stock market weakness, according to gold expert George Milling-Stanley.

Published 11 April 2024
Categorised as Finance News

What to expect from bank earnings as high interest rates pressure smaller players

JPMorgan Chase, the nation’s largest lender, kicks off earnings for the industry on Friday, followed by Bank of America and Goldman Sachs next week.

Published 11 April 2024
Categorised as Finance News

Stocks making the biggest moves midday: CarMax, Nike, Paramount, Fastenal and more

These are some of the stocks posting the largest moves in midday trading.

Published 11 April 2024
Categorised as Finance News

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