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Jamie Dimon says he expects S&P 500 earnings estimates to fall as companies pull guidance

Jamie Dimon says he expects S&P 500 earnings estimates to fall as companies pull guidance

JPMorgan Chase CEO and Chairman Jamie Dimon gestures as he speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill in Washington, D.C. Evelyn Hockstein | Reuters JPMorgan Chase CEO Jamie Dimon said Friday that he expects estimates for corporate earnings to fall amid the […]

Jamie Dimon says he expects S&P 500 earnings estimates to fall as companies pull guidance Read More »

Morgan Stanley tops quarterly estimates as equity trading revenue surges 45%

Morgan Stanley tops quarterly estimates as equity trading revenue surges 45%

People walk out of the Morgan Stanley global headquarters in Manhattan on March 20, 2025 in New York City.  Spencer Platt | Getty Images Morgan Stanley on Friday reported first-quarter results that topped estimates as stock trading revenue surged 45% amid rising global volatility. Here’s what the company reported: Earnings: $2.60 a share vs. $2.20

Morgan Stanley tops quarterly estimates as equity trading revenue surges 45% Read More »

JPMorgan Chase is set to report first-quarter earnings – here’s what the Street expects

JPMorgan Chase is set to report first-quarter earnings – here’s what the Street expects

Jamie Dimon, chief executive officer of JPMorgan Chase & Co., speaks during the 2025 National Retirement Summit in Washington, DC, US, on Wednesday, March 12, 2025. Al Drago | Bloomberg | Getty Images JPMorgan Chase is scheduled to report first-quarter earnings before the opening bell Friday. Here’s what Wall Street expects, according to LSEG: Earnings:

JPMorgan Chase is set to report first-quarter earnings – here’s what the Street expects Read More »

Trump’s immigration policy is weighing on beer sales, Constellation Brands CEO says

Trump’s immigration policy is weighing on beer sales, Constellation Brands CEO says

Bottles of Corona beer, the flagship brand of Grupo Modelo are displayed in this illustration taken in Monterrey, Mexico, February 18, 2025.  Daniel Becerril | Reuters President Donald Trump’s tariffs aren’t the only presidential policy that is weighing on Constellation Brands. Along with tariffs on Mexican imports, his hardline immigration stance is also hurting the

Trump’s immigration policy is weighing on beer sales, Constellation Brands CEO says Read More »

Trump’s pivot on tariffs shows that Wall Street still has a seat at his table

Trump’s pivot on tariffs shows that Wall Street still has a seat at his table

Traders work on the floor of the New York Stock Exchange during afternoon trading on April 9, 2025 in New York City.  Michael M. Santiago | Getty Images With each passing day since President Donald Trump’s sweeping tariff announcement last week, a growing sense of unease had begun to pervade Wall Street. As stocks plunged

Trump’s pivot on tariffs shows that Wall Street still has a seat at his table Read More »

As warehouse clubs boom, Walmart-owned Sam’s Club plans to open 15 stores per year

As warehouse clubs boom, Walmart-owned Sam’s Club plans to open 15 stores per year

Sam’s Club is opening a store in the Dallas area that will require customers to go all digital. Shoppers will use a smartphone app to scan and pay for their own purchases rather than standing in a checkout lane. Sam’s Club DALLAS, Texas — Walmart-owned Sam’s Club plans to supercharge its expansion by opening about

As warehouse clubs boom, Walmart-owned Sam’s Club plans to open 15 stores per year Read More »

Canada’s 25% auto tariffs are in effect. Here’s how they differ from the U.S.

Canada’s 25% auto tariffs are in effect. Here’s how they differ from the U.S.

Trucks make their way to the Ambassador Bridge to cross into the United States at Detroit on April 1, 2025 in Windsor, Canada.  Bill Pugliano | Getty Images DETROIT — Canada’s 25% auto tariffs took effect Wednesday on U.S.-produced vehicles and many parts in American cars and trucks, but the new levies differ in important

Canada’s 25% auto tariffs are in effect. Here’s how they differ from the U.S. Read More »

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