JP Morgan on December 1, 2022, cut its 2023 earnings projection for S&P 500 firms, citing weaker demand, and pricing power, limited buy-backs and margin compression. JPM strategists now estimate ...
Apollo Global Management Inc has started holding crypto on behalf of its clients via a partnership with the digital asset platform Anchorage Digital. The move comes in a massive push ...
Top Wall Street bankers update their warnings about the world economy on Tuesday amid geopolitical tensions and sharp interest rate rises to curb decades-high inflation. Goldman Sachs CEO David Solomon ...
JP Morgan has now made a strategic investment in Tilia, the platform originally built to power the economy of the online virtual world Second Life. Tilia is designed for the ...
Visa and JPMorgan Chase are expected to establish connectivity between their global private blockchain networks, B2B Connect and Liink. Under this partnership, Visa B2B Connect will use Confirm, a new ...
Amazon.com Inc (AMZN.O) is halting the construction of six new office buildings in Nashville and Bellevue to reconsider the designs to accommodate hybrid work, the tech giant said on Friday. ...
A jump in trading revenue prompted by volatile markets should partially offset a decline in M&A, equity, and debt deals when Wall Street banks post second-quarter earnings this month. The ...
Summary Big lenders to begin reporting Q2 results on Thursday (July 14) The four biggest banks could record $3.5 bln of provisions for reserves-analysts Investors seeking clues on recession outlook ...
U.S. economists and analysts will be following to see how banks’ mortgage businesses are doing during their second-quarter earnings this month, as U.S. Federal Reserve rate rises continue to restrain ...
Musk’s comments, which match other CEOs, are followed by a plan to lay off 10% of Tesla’s salaried staff Elon Musk has cautioned that a US recession is “more likely ...
