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Check out the companies making headlines after the bell : United Airlines â The airline popped nearly 7% after posting first-quarter adjusted earnings of 91 cents per share, while analysts polled by LSEG had expected 76 cents in earnings per share. However, United Airlines’ revenue of $13.21 billion came in below the $13.26 billion forecast. […]
Megan Moritz bought her dream house in 2019. However, the 1,400-square-foot home, in the Arlington Heights suburb northwest of Chicago, was built in the 1930s and lacked insulation â leading to heating bills that were “very high,” said Moritz, 48. The first-time homeowner opted to pay about $5,700 for a series of projects last year
This homeowner cut her heating bill in half — and got a $1,200 tax credit Read More »
Investors may feel an impulse to move to cash amid the recent tumult in the stock market. While cash might feel safer than stocks, it can also pose risks for long-term savers, financial advisors say. Cash â like money held in a high-yield bank savings account or a money market fund â is substantially less
Cash may feel safe when stocks slide, but it has risks Read More »
Check out the companies making headlines before the bell. Bank of America â Shares rose about 2% after Bank of America reported first-quarter results that exceeded analysts’ expectations , due to stronger-than-expected net interest income and trading revenue. The bank’s quarterly earnings rose 11% to $7.4 billion, or 90 cents a share, while its revenue increased 5.9%
Citigroup on Tuesday posted first-quarter results that exceeded analysts’ estimates as the firm’s traders generated more revenue than expected. Here’s what the company reported: Earnings: $1.96 per share vs. $1.85 per share LSEG estimate Revenue: $21.60 billion, vs. $21.29 billion expected JPMorgan Chase, Morgan Stanley and Goldman Sachs each exceeded analysts’ estimates on a boom
Dutch digital bank Bunq on Tuesday said it’s filed for broker-dealer registration in the U.S. as it looks to further expand across the Atlantic. Bunq CEO Ali Niknam said the broker-dealer application will be an initial step toward securing a full banking license. He couldn’t offer a firm timeline for when Bunq will secure this
Stock market investors may be underappreciating risk tied to President Donald Trump’s tariff policy, according to Cboe Global Markets’ top volatility expert Mandy Xu. The CBOE Volatility Index , a measure of stock market volatility over the next 30 days, is down nearly 50% from the peak of 60.13 it hit Wednesday. Even though the
Bank of America is scheduled to report first-quarter earnings before the opening bell Tuesday. Here’s what Wall Street expects: Earnings:Â 82 cents per share, according to LSEG Revenue: $26.99 billion, according to LSEG Provision for loan losses: $1.58 billion, per StreetAccount Trading Revenue: Fixed income of $3.46 billion, Equities of $2.12 billion Bank of America shares
Bank of America to report first-quarter earnings Read More »
Shares of Webull soared nearly 375% on Monday, the second day on the market for the stock-trading app, which completed its merger last week with SK Growth Opportunities Corp., a special-purpose acquisition company (SPAC). The rally gives Webull a market cap of almost $30 billion. Webull competes with Robinhood, Charles Schwab and E-Trade. The app
Online trading platform Webull soars 375% in second day on market after SPAC merger Read More »
Wild intraday gyrations in stocks since “liberation day” have put investors more on edge than ever, and the popularity of zero-day-to-expiration options is partly to blame. Zero-day-to-expiration options are contracts that expire the same day that they’re traded. The trading volume of 0DTE options tied to the S&P 500 surged to 8.5 million in April, a
