Corporate Profits Soared Fueled By AI Investment As Markets Gear Up For Q3 Earnings Corporate profits reached an all-time record of more than $4.7 trillion in the second quarter International Business Times · Oct 13
Stocks Decline as Chipmakers Retreat The S&P 500 Index ($SPX ) (SPY ) is down by -0.13% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down by -0.12%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.59%. December E-mini S&P futures (ESZ26 ) are down -0.19%, and December E-mini... Barchart · Oct 13
US banks post strong profits, but inflation and rate risks cloud outlook Major US banks reported higher third-quarter profits, supported by resilient consumer spending, AI investment and stronger trading revenue. However, executives warned that persistent inflation, elevated interest rates and geopolitical risks could strain household finances and slow economic growth. JPMorgan Chase missed earnings estimates, while Goldman Sachs, Citigroup and Wells Fargo… The Economic Times · Oct 13
US banks post strong earnings but economic risks cloud the sector’s outlook Wall Street's biggest banks reported another strong quarter on Tuesday, but they warned that higher rates and inflation could bite. Euronews · Oct 13
Stocks Mixed on Lower Crude Prices and Weakness in Chipmakers The S&P 500 Index ($SPX ) (SPY ) is up by +0.04% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up by +0.39%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.37%. December E-mini S&P futures (ESZ26 ) are up +0.04%, and December E-mini... Barchart · Oct 13
US stocks: Goldman Sachs quarterly profit rises on equities strength Goldman Sachs reported a remarkable profit increase in the third quarter, largely thanks to fluctuating market dynamics. Equities revenue soared by 72%, amounting to $6.44 billion, even as fixed income revenue saw a minor dip. Investment banking fees grew by 21% due to a rise in underwriting activities, despite a… The Economic Times · Oct 13
Nasdaq Futures Slump as Chip Selloff Rages On; S&P 500 Futures Muted After Big Bank Earnings December Nasdaq 100 E-Mini futures (NQZ26) are down -0.72% this morning as investors continued to ditch chipmakers amid mounting worries about the AI trade. Barchart · Oct 13
Oil Price Today (October 13): Crude oil falls to $105 as traders assess Russian supply, Mideast attacks. What’s next? Brent crude futures fell 61 cents, or 1.05%, to $105 a barrel, while US West Texas Intermediate crude futures declined 92 cents, or 1.05%, to $93 a barrel. Brent settled at $106.65 a barrel on Monday, its highest level since September 15. Oil prices have surged more than 70% this… The Economic Times · Oct 13
Stocks Settle Lower as Crude Prices Jump and Chipmakers Fall The S&P 500 Index ($SPX ) (SPY ) closed down by -0.06% on Monday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up by +0.38%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.71%. December E-mini S&P futures (ESZ26 ) fell -0.04%, and December E-mini... Barchart · Oct 12
Dear Goldman Sachs Stock Fans, Mark Your Calendars for October 13 Goldman Sachs investors are focusing on Oct. 13, as the company is scheduled to report its fiscal Q3 results, offering fresh clues on growth prospects. Barchart · Oct 12
Goldman upgrades global equities on earnings optimism Goldman Sachs has upgraded its outlook on global equities from neutral to overweight as earnings growth remains strong. This change is attributed to more attractive valuations ahead of the forthcoming earnings season. The bank also expressed caution regarding potential risks from higher rates and energy prices impacting equity markets. Additionally,… The Economic Times · Oct 12
Why It’s Time to Load Up on Amazon Stock Amazon's accelerating AWS growth and expanding ad business are strengthening its case as a long-term growth stock. Barchart · Oct 12
US Stock market on Columbus day predictions: S&P 500, Dow Jones, Nasdaq, Russell 2000 investors eye tricky Monday on Indigenous Peoples' Day. Nvidia, Apple, Micron, AMD, Tesla other stocks to watch out today Stock market on Columbus day: Earnings season begins on Tuesday, with major US banks including Wells Fargo, Goldman Sachs, Citigroup and JPMorgan Chase scheduled to report first. The Economic Times · Oct 12
U.S. Stock Futures Mixed as Investors Await Big Bank Earnings and Inflation Data December S&P 500 E-Mini futures (ESZ26) are up +0.10%, and December Nasdaq 100 E-Mini futures (NQZ26) are down -0.09% this morning, signaling a subdued open on Wall Street at the start of a busy week that includes key U.S. inflation data, remarks from Federal Reserve Chairman Kevin Warsh, and the… Barchart · Oct 12
The Economic Times · Oct 12 Global Market: Goldman Sachs raises December Brent oil price forecast to $90 on supply risks Goldman Sachs has raised its December 2026 Brent crude price forecast to $90 per barrel, citing supply risks in the Middle East. While 2027 averages remain at $80, severe Gulf production cuts could drive prices to $125, even as potential Russian exports keep near-term market sentiment volatile.
The Economic Times · Oct 12 TCS shares rally 6% in 2 sessions after Q2 results. What are technicals indicating for the IT major? TCS reported a 15% year-on-year rise in consolidated net profit to Rs 13,884 crore and declared an interim dividend of Rs 12 per share.
The Economic Times · Oct 12 Oil Price Today (October 12): Crude oil dips to $103 despite simmering Iran war tensions. Here’s why Brent crude futures declined $1.42, or 1.36%, to $103.35 a barrel, while US West Texas Intermediate crude fell $1.42, or 1.60%, to $90.42 a barrel.
Barchart · Oct 11 CPI, Earnings and Other Can't Miss Items this Week Markets face the quarter’s most significant earnings convergence with major financial and semiconductor giants reporting alongside critical inflation data. Wednesday’s September CPI at 8:30am provides crucial inflation assessment before Thursday’s data deluge.
Barchart · Oct 11 How Broadcom’s $42 Billion ‘Loan’ to Anthropic Is a Bet on a $2 Trillion IPO Broadcom’s $42 billion ‘loan’ to Anthropic can convert into shares, return as lease payments, and give Broadcom an advantage over Nvidia in AI financing.
Fortune · Oct 11 Warren Buffett watches YouTube, David Solomon DJs, and this former NFL coach spent 12 years playing Minecraft Mike Tomlin went viral for his 12-year Minecraft city—and like Warren Buffett and David Solomon, he shows how hobbies can help people recharge for success.
Fortune · Oct 10 Former Goldman Sachs CEO got into Harvard University at just 16 and says higher education is the best way to break into the middle class Lloyd Blankfein, the former CEO of financial giant Goldman Sachs, says education is the “real accelerator” of wealth and success—hitting back at anti-college leaders like Peter Thiel.
Barchart · Oct 10 ‘Not Just A White-Collar Job’: Billionaire Ken Griffin Says Citadel’s AI Does 8 Weeks of ‘Master's Or PhD Level’ Research in Hours Despite Ken Griffin rolling out an AI bot that reproduces findings typically reserved for the top researchers in the world, the billionaire says he doesn't plan to reduce headcounts.
The Economic Times · Oct 10 Wall Street Week Ahead: Bank earnings, CPI headline busy markets week as S&P 500 hovers near records U.S. stock investors are on high alert as they anticipate quarterly earnings reports from major banks, including JPMorgan and Goldman Sachs. These reports are pivotal, shedding light on corporate profitability and the future direction of interest rates. The upcoming Consumer Price Index report will also provide vital clues about inflation…
The Economic Times · Oct 9 US stocks: US market posts weekly gains with earnings, inflation data on tap Wall Street finished strong on Friday, fueled by optimism ahead of the third-quarter earnings reports from major players like Wells Fargo and Goldman Sachs. Analysts predict a notable growth in S&P 500 earnings year-over-year, even as worries about consumer sentiment loom. Oil prices dipped initially due to conflicting US-Iran news…
Barchart · Oct 9 Why Goldman Sachs Thinks You Should Buy the Palantir Stock Dip Goldman Sachs sees Palantir’s AI momentum, expanding market, and competitive edge fueling further growth for the stock.