‘Taking stock’: BofA and JPMorgan execs weigh in on Trump 2.0
While Bank of America CEO Brian Moynihan called the recent regulatory shift “classic re-engineering,” one peer exec said the changes “are taking all the oxygen in the room.”
Inflation report expected to show U.S. price growth remains elevated, posing challenge to Trump
The final inflation report covering the Biden administration is expected to show President Donald Trump inheriting an unfavorable inflation situation.
US sanctions strand Iran, Russia oil on tankers, driving up crude costs
The amount of Russian and Iranian oil held on ships has hit multi-month highs as harsher U.S. sanctions reduced the number of buyers, leaving fewer tankers available to deliver cargoes and driving up crude costs, trade sources and analysts said. Washington has imposed multiple rounds of sanctions on ships and entities dealing with oil from Iran and Russia since October, disrupting trade with major importers China and India. U.S. President Donald Trump last week restored his "maximum pressure" campaign on Iran that includes efforts to drive its oil exports down to zero in order to stop Tehran from obtaining a nuclear weapon.
CVS Health’s (NYSE:CVS) Q4 Sales Top Estimates, Stock Soars
Diversified healthcare company CVS Health (NYSE:CVS) announced better-than-expected revenue in Q4 CY2024, with sales up 4.2% year on year to $97.71 billion. Its non-GAAP profit of $1.19 per share was 29.6% above analysts’ consensus estimates.
Restaurant Brands International Stock Rises as Q4 Results Top Estimates
Restaurant Brands International reported better-than-expected fourth-quarter results Wednesday, sending shares higher in premarket trading.
Wabtec (NYSE:WAB) Reports Sales Below Analyst Estimates In Q4 Earnings, Stock Drops
Rail equipment company Westinghouse Air Brake Technologies (NYSE:WAB) fell short of the market’s revenue expectations in Q4 CY2024 as sales rose 2.3% year on year to $2.58 billion. The company’s full-year revenue guidance of $10.88 billion at the midpoint came in 1.5% below analysts’ estimates. Its non-GAAP profit of $1.68 per share was 3% below analysts’ consensus estimates.
CVS Health Stock Pops as Q4 Sales, Earnings Top Estimates
Shares of CVS Health surged Wednesday morning after the health insurance and pharmacy giant reported better-than-expected fourth-quarter results.
Trump Advisers Look to Shift US Foreign Aid to Wall Street Ally
(Bloomberg) -- President Donald Trump’s advisers have discussed shifting billions in funding from USAID to a government-run agency due to be headed up by the dealmaker son of Apollo Global Management co-founder Leon Black, part of an overhaul of how the US wields economic power internationally.Most Read from BloombergSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterWhy American Mobility Ground to a HaltThe Forgotten French Architect Who Rebuilt MarseilleIn New Orleans, an Aging Dome T
Trump-Family Backed World Liberty Financial Starts Token Reserve for Crypto Investment
The protocol has already accumulated tokens of various networks.
Could Dogecoin Make You a Millionaire in 2025?
If you are looking for multibagger returns, crypto should be on your radar. Let's explore the pros and cons of Dogecoin (CRYPTO: DOGE) to decide if it still has millionaire-maker potential. Launched in 2013, Dogecoin is widely considered to be the first meme coin, a type of cryptocurrency usually based on online jokes and sarcasm.