Latest in Morgan Stanley earnings jump on soaring trading and dealmaking revenues
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UnitedHealth’s Revenues Rise, in First Earnings Report Since CEO’s Killing
But high medical costs contributed to results that disappointed Wall Street, and the company’s stock fell on the news that it had made less than analysts expected.The New York Times - 1h -
Goldman Sachs CEO Solomon says IPO market is 'going to pick up' along with dealmaking
At an event hosted by Cisco on Wednesday, Goldman Sachs CEO David Solomon indicated that the multi-year IPO drought should be coming to an end.CNBC - 18h -
Trump Plans to Create an ‘External Revenue Service’ to Collect Tariffs
Despite vows to shrink the federal government, the President-elect wants to create a new agency for these taxes, even though the Commerce Department and the Customs and Border Patrol now handle ...Inc. - 1d -
Experian Posts Revenue Growth in Line With Guidance
The company reported total revenue growth of 8% at constant exchange rates for the third quarter of fiscal 2025, and confirmed its guidance for the year.The Wall Street Journal - 1d -
Trump says he'll create "External Revenue Service" to collect tariffs
The federal government already collects tariffs, and deposits them in the General Fund of the United States.CBS News - 2d -
Morgan Stanley more bullish on M&A as equity and bond revenues climb
Morgan Stanley beats earnings expectations amid strength in its equity and bond businesses.MarketWatch - 3h -
Morgan Stanley tops estimates on strong equities and fixed income trading revenue
The bank's massive wealth management business will be helped by high stock market values in the fourth quarter, which inflates the management fees it collects.CNBC - 6h -
Morgan Stanley earnings jump on soaring trading and dealmaking revenues
Rival Goldman Sachs similarly reported robust performance in markets and investment banking unitsFinancial Times - 6h -
Dealmakers fear cross-border M&A will be hostage to Trump diplomacy
The president-elect is expected to use all government agencies to push other countries to support his agendaFinancial Times - 14h -
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 - 1d -
Everything to Know About Big Banks Earnings
Goldman Sachs, JPMorgan, Wells Fargo and other firms are expected to report strong earnings.Inc. - 1d -
Allen and Trump earn stylish wins in Masters openers
Former Masters champions Mark Allen and Judd Trump win their first-round matches to reach the quarter-finals at Alexandra Palace.BBC News - 1d -
How the Devils' rise has echoes of a recent Stanley Cup champ: Is this the year?
If New Jersey's journey to contention feels a little familiar, there's a good reason why. And will the Devils make another Cup run this spring?ESPN - 2d -
Moderna’s stock tumbles to post-COVID lows after revenue outlook disappoints
Moderna’s stock tumbles after a disappointing outlook for revenue and the need to accelerate its cost-cutting plan.MarketWatch - 2d -
These are the stocks that Morgan Stanley’s Mike Wilson sees standing up to rising rates
Investors should stick to quality names amid rising rates, says a team led by Morgan Stanley’s Mike Wilson.MarketWatch - 3d -
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Walgreens shares soar 27% on big earnings beat, as drugstore chain cuts costs
Walgreens maintained its fiscal 2025 adjusted earnings guidance, but did not include a sales outlook in its release.CNBC - 5d -
Consumer expectations for higher inflation soar in early January
Americans’ expectations for overall inflation over the next year jumped to 3.3% in January from 2.8% in the prior month, according to the University of Michigan’s gauge of consumer sentiment.MarketWatch - 6d -
Emma Raducanu bitten by jumping ants
Emma Raducanu has become the latest victim of Australia’s famously hostile wildlife – although it was not spiders or snakes in her case, but rather “jumping ants”.Yahoo Sports - 6d -
Ashford strike earns Cardiff win at Sheffield United
Cardiff City forward Cian Ashford's 19th-minute striker was enough to earn his side a 1-0 win over Sheffield United in their FA Cup third round match at Bramall Lane.BBC News - 6d -
Flying taxis are on the horizon as aviation soars into a new frontier
When he was still a boy making the long, tedious trips between his school and his woodsy home in the mountains during the 1980s, JoeBen Bevirt began fantasizing about flying cars that could whisk ...ABC News - Jan. 8 -
Piers Morgan quits Rupert Murdoch’s News UK in deal over YouTube show
Broadcaster and journalist to take control of Piers Morgan Uncensored media brand in joint venture. Piers Morgan is leaving Rupert Murdoch’s media empire to take control of his Uncensored YouTube ...The Guardian - Jan. 8 -
Piers Morgan targets US after YouTube venture buyout from Rupert Murdoch’s News UK
British presenter’s production company to acquire his ‘Uncensored’ showFinancial Times - Jan. 8 -
'Conclave' examines power. Stanley Tucci explores why you'd want it
The film looks at the backstabbing intrigue that undermines elections even among the holiest constituents — such as Catholic cardinals.Los Angeles Times - Jan. 8 -
Morgan State vs. NC Central odds, prediction: 2025 college basketball picks, Jan. 7 bets by proven model
SportsLine's model just revealed its college basketball picks for the NC Central Eagles vs. Morgan State Bears on TuesdayCBS Sports - Jan. 7 -
Drug Company to Share Revenues With Indigenous People Who Donated Their Genes
Variant Bio, a small biotech company based in Seattle, is using genetic information from Indigenous people to develop drugs for obesity and diabetes.The New York Times - Jan. 7 -
Eurozone inflation jumps to 2.4% in third consecutive rise
Increase damps hope that European Central Bank will boost region’s flagging economy with rate cutsFinancial Times - Jan. 7 -
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Palantir has this rare distinction as Morgan Stanley says stock price is too high
Morgan Stanley assigned a new analyst to cover hot artificial intelligence stock Palantir Technologies, and the Wall Street firm joined the ranks forecasting worse times ahead for the stock.MarketWatch - Jan. 7 -
Nvidia, chip stocks pop after Foxconn reports record revenue
Global semiconductor stocks climbed on Monday after Foxconn posted record fourth-quarter revenue, suggesting the AI boom has far more room to run.CNBC - Jan. 6 -
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 -
Best NHL Players To Never Win a Stanley Cup In Recent Memory
Hockey players everywhere dream of one day getting to hoist the Stanley Cup. And while many great players have had the pleasure over the years, some NHL stars never got to taste Cup glory.Yahoo Sports - Jan. 5 -
Amad earns Man Utd draw at Liverpool in thriller
Amad Diallo struck a late equaliser as Manchester United made a mockery of their recent form to hold Premier League leaders Liverpool to a thrilling 2-2 draw at Anfield on Sunday.ESPN - Jan. 5 -
Ukraine waits for Trump the dealmaker to broker end of Putin’s war | Shaun Walker in Kyiv
The US president-elect’s policy on the conflict may prove decisive, but appeasing both sides will be a challenge. A new year in Ukraine began in much the same way as the old one finished: with ...The Guardian - Jan. 4 -
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Why Coffee Prices Are Soaring (Again)
Wholesale coffee prices are trading near a 50-year high because of shortages related to extreme weather and increased global demand.The New York Times - Jan. 4 -
Fee change on investment trusts could badly hit manager revenues
Greencoat UK Wind’s charge shake-up could be copied by other trustsFinancial Times - Jan. 3 -
Morgan Stanley to exit global climate coalition
Morgan Stanley on Thursday announced its departure from a coalition of banks that aims to target net-zero emissions through lending and investment, the fifth group to do so in recent weeks. “Morgan ...The Hill - Jan. 2 -
Scopely scores a billion downloads and $10B in revenue to date
Scopely announced several key milestones achieved to date: $10 billion in lifetime revenue for its mobile games and a billion downloads.VentureBeat - Dec. 30