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THE TRUTH ABOUT: 31 - The Untold Story

4 reasons the CEO of ‘laughingstock’ Citi is suddenly laughing all the way to the bank

America’s largest banks are destroying the S&P 500, beating it by an average of 67%, but the perennial underperformer Citi is now leading the way.

Fortune

Why Bank of America decided to give its long-time employees a sabbatical benefit

Long-serving bank staffers have two PTO leaves to pursue passion projects on the company’s dime.

Fortune

Gen X and boomers are the only ones who can afford to eat at fancy restaurants anymore

"Consumers are choosing more convenient options, but are they choosing cheaper options? It appears so."

Fortune

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Why this 'old school' strategy may be a better opportunity than flashier AI stocks, according to Bank of America

Growth for the Magnificent Seven may already be largely priced in. But that's not true for this corner of the market.

Fortune

This Dividend Aristocrat Just Scored a Double Upgrade, Here's Why

C.H. Robinson Worldwide, a Dividend Aristocrat, has received a double upgrade from Bank of America. See why the company's strategic direction, innovative tech advancements, and consistent dividend growth make it an attractive choice for investors.

Barchart

Stock Market Today: Dow Outperforms After IBM Earnings

Investors also parsed a strong reading on second-quarter GDP and a dismal decline in durable goods.

Kiplinger

Donald Trump told the Fed not to cut rates before the election—but Wall Street is convinced he won't get his way

"The market is now pricing in more than two 25-basis-point rate cuts by year-end, including a near-100% chance of a September cut."

Fortune

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Will Gold Keep Making Higher Record Highs?

Gold rose to a new record high in Q2 2024 and in early Q3. The precious metal looks set to make even higher highs during the second half of this year. Gold is the world’s oldest currency, and as inflation erodes fiat foreign exchange instruments and the international financial system…

Barchart

Windows/CrowdStrike outage recap: Today's 'Blue Screen of Death' error explained

An update to CrowdStrike security software appears to have resulted in a widespread IT outage as Windows devices suffer from Blue Screen of Death error messages across the globe.

Laptop

Rightwinger Leonard Leo helped fuel Bud Light boycott, tax filings show

Exclusive: Documents reveal group linked to Leo gave money to another group that played central role in boycott

The Guardian - US

Wall Street Billionaire Investors Dumped Nvidia Shares in Q1, Bought These Three Stocks Instead

Nvidia continues to innovate AI GPUs and maintains a strong balance sheet, but hedge fund managers see several headwinds for the company in the coming months.

International Business Times UK

‘Goliath is winning” report explains why JPMorgan, Goldman Sachs and Morgan Stanly are all beating capital markets expectations

Wells Fargo’s latest report on large cap banks shows all five of America’s largest banks, including Citigroup and Bank of America, are beating expectations

Fortune

Stocks Settle Higher on Positive Corporate News and Lower Bond Yields

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed up +0.64%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +1.85%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.06%. Stock indexes closed higher on Tuesday, with the S&P 500 and Dow Jones Industrials...

Barchart

Stock Market Today: Dow Spikes 742 Points After UnitedHealth Earnings

The S&P 500 and Nasdaq also scored wins Tuesday albeit with much smaller gains than the blue chip Dow.

Kiplinger

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Top News

Bank Of America's Q2 Profits Dip Due To Interest Rates

Bank of America's Q2 profits declined due to higher interest rates, offset by investment banking growth.

Barchart

S&P Futures Tick Higher Ahead of Key U.S. Retail Sales Data and More Big Bank Earnings

September S&P 500 E-Mini futures (ESU24) are trending up +0.12% this morning as market participants looked ahead to key U.S. retail sales data and quarterly reports from more big banks.

Barchart

S&P Futures Tread Water Ahead of Key U.S. Retail Sales Data and More Big Bank Earnings

September S&P 500 E-Mini futures (ESU24) are trending up +0.04% this morning as market participants looked ahead to key U.S. retail sales data and quarterly reports from more big banks.

Latin Times

Latino Gen Zers are twice as likely to reprioritize their finances due to cost of living than their peers

The study by Bank of America also revealed that almost 1 in 2 Gen Zers rely on financial assistance from parents and family

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news in one place.

100's of premium titles.
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Barchart

Option Volatility And Earnings Report For July 15 - 19

This week we have Taiwan Semiconductor (TSM), Bank of America (BAC), United Airlines (UAL), Netflix (NFLX), Goldman Sachs (GS), Johnson & Johnson (JNJ) and Morgan Stanley (MS) all set to report.

Fortune

Goldman Sachs CEO is first bank leader to speak publicly on Trump shooting: America ‘cannot afford’ division and distrust

David Solomon and JP Morgan CEO Jaimie Dimon have both addressed the assassination attempt on former U.S. President Donald Trump.

Fortune

The 'Magnificent Seven' have dragged the S&P to record highs. Will the moniker remain relevant?

Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla accounted for half of the S&P 500’s total gains last year, according to Morgan Stanley.

Fortune

Apple stock might soar thanks to old iPhones

“An aging installed base and GenAI features…should provide a boost to customers' intentions to upgrade,” BofA’s Wamsi Mohan wrote Thursday.

Fortune

Apple stock to rise 11% BofA analysts predict, fueled by upgrades to AI iPhone

The bank’s global smartphone survey reveals a commitment among iPhone users to upgrade, eyeing soon-to-launch generative AI features.

Fortune

Gen Z want to live in expensive cities—instead of moving to the outskirts, their parents are paying their rent

Young people have always wanted a bustling life and career in the city. The only problem? Gen Z can’t actually afford it.

The Guardian - US

Senators accuse JPMorgan’s Jamie Dimon of backtracking on climate commitments

Exclusive: Letter from senators, led by Elizabeth Warren, says JPMorgan may have misled investors and public

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