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Month: July 2024
Bank of America shares jump 4% after saying net interest income rebound is coming
[#item_full_content]Bank of America disclosed new guidance that net interest income, a key metric for banks, will…
Traders see the odds of a Fed rate cut by September at 100%
[#item_full_content]The probabilities are based on trading in CME Fed Funds futures contracts.
Morgan Stanley tops estimates on stronger-than-expected trading and investment banking
[#item_full_content]Morgan Stanley benefited from its Wall Street-centric business model in the quarter, as a rebound in…
Microsoft’s hiring of staff from AI startup Inflection referred for UK merger probe
[#item_full_content]Microsoft’s hiring of employees from artificial intelligence startup Inflection has been referred for an initial merger…
Small caps are the hottest trade going in the stock market right now and they’re surging again Tuesday
[#item_full_content]Small-cap stocks are on a tear right now as they took the baton from megacap technology…
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