JP Morgan Chase & Co. JPM, -0.10% said Friday it had net income of $11.0 billion, or $3.57 a share, in the fourth quarter, up from $10.4 billion, or $3.33 Read more
Tag: headwinds
JPMorgan stock down 3.7% as CEO Dimon warns of headwinds
JP Morgan Chase & Co. JPM, -0.10% said Friday it had net income of $11.0 billion, or $3.57 a share, in the fourth quarter, up from $10.4 billion, or $3.33 Read more
Stock market could see ‘fireworks’ through the end of the year as headwinds have ‘flipped,’ Fundstrat’s Tom Lee says
Several headwinds that pummeled the stock market in 2022 have turned into tailwinds, setting the stage for a rally in U.S. equities heading into year-end, according to Tom Lee, head Read more
Costco stock cut to market perform at Wells Fargo on headwinds
Wells Fargo analyst Edward Kelly on Monday cut his rating on Costco Wholesale Corp. COST, -1.72% to equal weight from overweight and reduced the retailing giant’s price target to $490 Read more
Roku’s grim forecast for holiday season tanks stock as macro headwinds deemed ‘too severe’
Roku Inc.’s stock was getting punished Thursday after the streaming-media company’s latest forecast sparked fears about the fate of streaming advertising in an uncertain economic environment. Shares were off more Read more
Deutsche Bank beats forecasts, as higher rates help overcome headwinds
Deutsche Bank AG on Wednesday reported higher profit and revenue that beat expectations, overcoming a challenging investment-banking market to confirm its guidance for the year. The German lender’s DB, +2.54% Read more
Deutsche Bank beats forecasts, as higher rates help overcome headwinds
Deutsche Bank AG on Wednesday reported higher profit and revenue that beat expectations, overcoming a challenging investment-banking market to confirm its guidance for the year. The German lender’s DB, +2.54% Read more
Tilray revenue impacted by currency, Canadian headwinds
Tilray Inc. reported a wider first-quarter loss in the face of revenue headwinds and the impact of unfavorable currency conversions to U.S. dollars, but CEO Irwin Simon said the cannabis Read more
Financial contagion from U.K.’s woes? Biden economic adviser says U.S. ‘in a strong place to deal with a full set of headwinds’ including from abroad
“‘The U.S. economy remains in a strong place to deal with a full set of headwinds, including those coming from abroad.’” — Jared Bernstein, member of President Joe Biden’s Council Read more
Deliveroo loss widens on consumer headwinds, starts buybacks
Deliveroo PLC said Wednesday that its first-half pretax loss widened due to increased consumer headwinds, and began a 75 million-pound ($90.6 million) share buyback program. The U.K. food-delivery company ROO, Read more
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