Wall Street’s biggest players have had a rough start to the year. All the biggest US banks saw negative profits in the first three months of 2022, ending a pandemic-era boom.Citi, Goldman Sachs, Morgan Stanley and Wells Fargo all announced large year-over-year profit declines in their first-quarter earnings reports Thursday, …
Read More »Markets Await Better Than Expected Earnings Season
Markets still hope for an the earnings season that is better than expectations. Robust support is seen with a stronger labour market. The US economy is in great shape from that perspective. Equity markets are expected to rebound. Markets are also looking for them to go back up toward their …
Read More »Tesla To Celebrate Record Quarter Amid High Fuel Prices
Tesla is expected to announce another record quarter despite industrywide supply-chain woes as the world’s top maker of electric vehicles benefits from high gas prices pushing more buyers toward plug-in models.The company likely delivered 309,158 vehicles globally during the first three months of the year, according to a dozen analysts …
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