Tesla, Netflix earnings, UAW strike, Israel at war top week ahead
Earnings season picks up in the coming week with big names, including Tesla and Netflix, set to report results, while the UAW strike against Ford, Stellantis and GM drags on.
JPMorgan flexed its muscles with a big earnings beat: Erika Najarian
U.S. Bank large-cap banks analyst Erika Najarian analyzes bank financial results and how investors view smaller regional banks on 'Making Money.'
Wells Fargo raises interest income forecast as third-quarter profit beats estimates
The lender now expects 2023 net interest income – the difference between what the bank earns on loans and pays out on deposits – to be about 16% higher than a year earlier.
JPMorgan profit rises on interest income boost
Profit was $13.15 billion, or $4.33 per share, for the three months ended Sept. 30. That compares with $9.74 billion, or $3.12 per share, a year earlier.
Big bank earnings are 'certainly good enough': Anton Schutz
Mendon Capital Advisors President Anton Schutz provides insight into bank earnings, his outlook for the Fed and mortgage rates and energy policy.
BlackRock's third-quarter profit rises as investors flock to its funds
On an adjusted basis, BlackRock earned $1.64 billion, or $10.91 per share, for the three months ended Sept. 30, from $1.45 billion, or $9.55 per share, a year earlier.
Stephen Auth's stock market winners, losers ahead of earnings season
Federated Hermes CIO Stephen Auth discusses how labor market uncertainty and geopolitical strife impact markets on 'Making Money.'
Chipotle raising menu prices to offset inflation
Chipotle announced that it will raise prices for the first time in more than a year. The company started to announce menu price hikes in 2021 as operations costs climbed.
Walgreens shares have best day since 2022
The new CEO of Walgreens Boots Alliance will help steer a massive cost-cutting plan as the drug-store chain attempts to stop losing money and as demand from COVID related products wains.
Delta Air Lines profit boosted by international demand but US trends weaker
Delta Air Lines reported quarterly results Thursday and now expects adjusted earnings of $6 to $6.25 per share this year, compared with $6 to $7 per share estimated in July.
Domino's Pizza misses sales estimate as demand tapers
Domino's Pizza missed market expectations for its quarterly revenue as higher menu prices and delivery charges stalled inflation-weary consumers from purchasing at the restaurant.
Chris Zaccarelli on markets: 'Biggest surprise' is how long those lags are
Independent Advisor Alliance Chief Investment Officer Chris Zaccarelli discusses his expectations for the next Federal Reserve meeting, the CPI report, 3Q earnings season and his market outlook.
Crisis in Israel is not a market story: Adam Johnson
Bullseye American Ingenuity Fund portfolio manager Adam Johnson and Payne Capital Management President Ryan Payne discuss the impact of the conflict in the Middle East on the markets, bank earnings and Exxon buying Pioneer for nearly $60 billion.
PepsiCo raises profit outlook on higher prices
PepsiCo raised its annual profit forecast again this year. In addition to its beverage unit, brands in its snack business include Doritos and Cheetos.
JPMorgan earnings, inflation data and UAW strike top week ahead
The United Auto Workers strike against Ford, General Motors and Stellantis is entering its fourth wee, and Wall Street investors eye earnings from JPMorgan, Blackrock and PepsiCo.
MGM Resorts racks up $100M cost from cyberattack
MGM Resorts International has put a number on the cost of the disruptive cyberattack it experienced in September. It estimated the damage at $100 million.
Modelo parent boosts outlook after Bud Light controversy
The maker of Modelo and Corona beer, Constellation Brands, boosted its financial outlook as it continues to benefit from the backlash over Bud Light’s Dylan Mulvaney marketing campaign.
Clorox says cyberattack will impact first-quarter net sales, earnings
Clorox revealed Wednesday how much it anticipates the cyberattack that the company recently experienced will weigh on its first-quarter financial performance.
Regional banks will be the better investment over time: Bob Diamond
Former Barclays CEO Bob Diamond discusses the health of the banking sector after regional bank turmoil on 'The Claman Countdown.'
UAW strike, jobs report and Tesla deliveries top Wall Street’s week ahead
Wall Street is keeping close tabs on the UAW strike against Ford, GM and Stellantis as it drags into its third week, as well as three key reports on the job market.