Category: stocks

Goldman Sachs will post a roughly $400 million pretax hit to third-quarter results as the bank continues to unwind its ill-fated consumer business. CEO David Solomon said Monday at a conference that by unloading Goldman’s GM Card business, as well as a separate portfolio of loans, the bank would post a hit to revenues when…

I'm new to the stock market and I'm trying to learn about how the Russell 2000 outperforms the S&P. I am looking at all these graphs showing the S&P with better rate of return percentages. Why does everyone keep saying the Rus2000 is doing better when the graphs are saying the opposite?

Google’s 2.4 billion euro fine upheld by Europe’s top court in EU antitrust probe https://www.cnbc.com/2024/09/10/googles-2point4-billion-euro-fine-upheld-by-europes-top-court.html ​ Key Points Europe’s top court on Tuesday upheld a 2.4 billion euro ($2.65 billion) fine imposed on Google for abusing its dominant position by favoring its own shopping comparison service. The fine stems from an antitrust investigation by the…

Sept 10 (Reuters) – Boeing (BA.N), opens new tab said on Tuesday it delivered 40 commercial jets in August, up five from the same month in 2023 when it struggled with a manufacturing defect on its 737 MAX, as the U.S. planemaker eyes higher output under new CEO Kelly Ortberg. Boeing has pledged to boost…

Taiwan Semiconductor (NYSE:TSM) said on Tuesday that sales for August surged year-over-year, buoyed in part by demand for all things artificial intelligence. (Press Release: https://pr.tsmc.com/english/news/3171) Taiwan Semi, which manufactures processors for Nvidia (NVDA), Apple (AAPL), AMD (AMD) and others, said revenue for August came in at approximately $7.8B, or NT$250.87B, up 33% from August 2023, albeit down 2.4%…

I recently looked into Palantir $PLTR and really liked the company, I feel as the current stock price could be short term over valued and wanted to discuss that here. What would your target price be? I’m considering medium and long term holding This research came just as the stock was added to SP 500…

JPMorgan Chase shares fell 7% Tuesday after the bank’s president told analysts that expectations for net interest income and expenses in 2025 were too optimistic. While the bank expects to be in the “ballpark” of the 2024 target for NII of about $91.5 billion, the current estimate for 2025 of about $90 billion “is not…

Europe’s top court on Tuesday ruled against Apple in the tech giant’s 10-year court battle over its tax affairs in Ireland. The pronouncement from the European Court of Justice comes hours after Apple unveiled a swathe of new product offerings, looking to revitalize its iPhone, Apple Watch and AirPod line-ups. CNBC has reached out to…

“Amazon stock was rising on Tuesday, just enough to maintain its place as the S&P 500’s fourth-largest company by market value after overtaking Alphabet on Monday. It may owe Oracle a little bit of a thank you. Shares of Amazon.com were up 2.6% at 2:09 p.m. on Monday, after rising 2.3% on Monday. With Monday’s…

(Reuters) -GameStop said on Tuesday it had filed for an offering of up to 20 million shares, sending its stock down more than 10% in extended trading after the videogame retailer's second-quarter revenue fell as consumers continued to switch to online buying. The company, which has been at the center of a “meme stock” trading…