BlackRock beat third-quarter forecasts with help from a single hedge fund. Performance fees, which BlackRock charges when funds beat set targets, hit $630 million, about $200 million above analyst estimates.
The world’s largest asset manager still...
Bank of America received a $1.2 billion bill from the US Treasury a day before its earnings report.
On Tuesday, the Treasury hit the second-largest US bank with more than $1.21 billion in anti-money-laundering and sanctions penalties. The bank said...
Goldman Sachs beat profit forecasts by 30% on Tuesday as its stock-trading revenue jumped 72%. JPMorgan Chase, the largest US bank, missed on both profit and revenue.
Bank results act as an early health check on the economy. This batch landed with...
Goldman Sachs just told its clients to buy more stocks. Tomorrow morning, Goldman and three rival banks worth $1.6 trillion open their books, and that bet faces its first test.
The banks report before Tuesday’s opening bell. Goldman is one of them....
Wells Fargo raised its Meta Platforms stock price target to $1,000 from $796 this week. The new figure ranks among the highest targets on Wall Street.
The bank kept its overweight rating. However, the same note expects Meta’s earnings to bottom out...
Goldman Sachs holds buy ratings on 5 stocks heading into the upcoming earnings season. Four have lost ground in 2026, leaving Baker Hughes as the only gainer.
The picks span theme parks, parcel delivery, advertising, Latin American banking and...
Micron Technology posted $54.23 billion in revenue for its fiscal fourth quarter, up 379% from a year earlier. It also forecast $61.5 billion for the current quarter, well above Wall Street estimates.
Micron makes memory chips, the parts that hold...
When convertible debt becomes stock, debt disappears but new shares are created. Here’s what dilution means for ownership, EPS and existing shareholders.
Goldman Sachs pushed back hard against fears of an S&P 500 earnings bubble on Tuesday. The firm projects another quarter of double-digit growth starting next week.
Deutsche Bank echoed that confidence separately, reaffirming its year-end target of...
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