JPMorgan Chase posts record profit as the bank’s massive scale pays off
Read more at CNBC
Topics
-
Citigroup swings to fourth-quarter profit, tops estimates on investment banking strength
The fourth-quarter report comes after a year where Citi's stock rose almost 37%, outperforming the S&P 500.CNBC - 1h -
Men: How the SEC schedule could hurt its record bid chase
The SEC has a shot at the Big East's 11-bid record. But in conference play, someone has to lose.ESPN - 1h -
JPMorgan, Citi, Wells Fargo and Goldman’s earnings results may boost banks stocks further
The largest banks in the U.S. may justify further gains in stock prices if their earnings updates in the coming days include any upside surprises around loan growth or a boost from lighter ...MarketWatch - 2d -
Big US banks set for $31bn quarterly profit as Wall Street business booms
Trading activity boosted in final quarter of 2024 by Donald Trump’s election winFinancial Times - 2d -
Foxconn Posts Record Fourth-Quarter Revenue on AI Demand
The Taiwan-listed assembler of Apple and Nvidia products posted record revenue for the fourth quarter, helped by robust demand for servers to power burgeoning artificial intelligence technologies.The Wall Street Journal - Jan. 5 -
Red Wings Gamble Finally Paying Off
The Detroit Red Wings made a bet in the summer that is finally paying off.Yahoo Sports - Jan. 3 -
New Orleans attacker posted recordings on his beliefs in year before rampage
Shamsud-Din Jabbar made no mention of plans for violence or affiliations with extremist groups in the recordings.CBS News - Jan. 3 -
China’s electric-vehicle leader BYD posts record sales in 2024
Bigger companies beat targets as intense competition rocks world’s biggest car marketFinancial Times - Jan. 2 -
BYD, Chinese EV Peers Post Record Sales for December
Chinese electric-vehicle makers have benefited from a government trade-in program in the world’s largest market for EVs.The Wall Street Journal - Jan. 1
More from CNBC
-
Core inflation rate slows to 3.2% in December, less than expected
The consumer price index was expected to rise 0.3% in December and show an annual inflation rate of 2.9%.CNBC - 26m -
The crazy ride in quantum computing stocks continues as shares rip higher on Microsoft's 'quantum ready' directive
Quantum computing stocks rallied Wednesday after Microsoft urged businesses to get "quantum-ready" in 2025.CNBC - 29m -
Microsoft launches consumption-based 365 Copilot Chat option for corporate users
Microsoft is providing an alternative to the Microsoft 365 Copilot, which has gained some commercial adoption at $30 per user per month.CNBC - 8m -
Citigroup swings to fourth-quarter profit, tops estimates on investment banking strength
The fourth-quarter report comes after a year where Citi's stock rose almost 37%, outperforming the S&P 500.CNBC - 1h -
Goldman Sachs shares rise after topping estimates on strong trading results
Goldman's fourth-quarter results will give investors a preview of what to expect this year, as investment banking and trading fees are both expected to rise.CNBC - 1h
More in Business
-
Microsoft launches consumption-based 365 Copilot Chat option for corporate users
Microsoft is providing an alternative to the Microsoft 365 Copilot, which has gained some commercial adoption at $30 per user per month.CNBC - 8m -
Bitcoin approaches $100,000 again as a cool inflation reading fuels risk appetite
Bitcoin extended its rebound on Wednesday, hovering below the $100,000 after another encouraging inflation report stirred risk-on appetite.CNBC - 20m -
December’s CPI inflation data produces biggest plunge in yields since November
U.S. government debt aggressively rallied after the monthly core inflation reading from Wednesday’s consumer-price index for December came in softer than expected, pushing yields across the ...MarketWatch - 22m -
Wells Fargo shares jump after earnings beat, strong 2025 guidance
The lender expects 2025 net interest income, a key measure of what a bank makes on lending, to be 1% to 3% higher than 2024's number of $47.7 billion.CNBC - 25m -
Core inflation rate slows to 3.2% in December, less than expected
The consumer price index was expected to rise 0.3% in December and show an annual inflation rate of 2.9%.CNBC - 26m