The Congress Center, the venue for the World Economic Forum (WEF), center, in Davos, Switzerland, on Saturday, Jan. 7, 2023. Bloomberg | Bloomberg | Getty Images Olaf Scholz is the only G-7 leader set to attend the World Economic Forum's annual summit in Davos next week, with
Earnings: It's all about the second half of 2023. The aftermath of Covid, the Russian invasion of Ukraine and the Fed's aggressive rate hikes are all combining to dampen earnings expectations, not just for the fourth quarter reporting season that starts today, but all the
Lithium company Ioneer said Friday that it's secured a conditional commitment for a loan of up to $700 million from the Department of Energy as the U.S. seeks to develop new supply chains for materials that are critical to the energy transition. Ioneer is developing the
In this article WFC Follow your favorite stocksCREATE FREE ACCOUNT People walk past a Wells Fargo bank on 14th Street on December 20, 2022 in New York City. Michael M. Santiago | Getty Images Wells Fargo shares came under pressure Friday after the bank reported shrinking profits, weighed down
Here are Friday's biggest calls on Wall Street: Bank of America upgrades Caterpillar to buy from neutral Bank of America said in it sees a multiyear growth story for the industrial giant. "As macro headwinds ease in 6-9 months and investors look towards a new
In this article DAL Follow your favorite stocksCREATE FREE ACCOUNT Ed Bastian, chief executive officer of Delta Air Lines Inc., during an interview in New York, US, on Monday, Nov. 7, 2022. Bastian said that he sees 'strong demand' for flights carrying into 2023. Jeenah Moon | Bloomberg
In this article C Follow your favorite stocksCREATE FREE ACCOUNT Citigroup said it had identified the cause of the flash crash and corrected the error "within minutes." Jim Dyson | Getty Images News | Getty Images Citigroup said fourth-quarter net income decreased by more than 21% from a year ago
In this article JPM Follow your favorite stocksCREATE FREE ACCOUNT Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing, and Urban Affairs Committee hearing titled Annual Oversight of the Nations Largest Banks, in Hart Building on Thursday, September 22, 2022. Tom Williams | CQ-Roll Call, Inc.
In this article WFCJPMDALTSLASPCEBAC.BBKA Follow your favorite stocksCREATE FREE ACCOUNT A person enters the JPMorgan Chase headquarters in New York, June 30, 2022. Andrew Kelly | Reuters Check out the companies making the biggest moves in the premarket: JPMorgan -- The bank reported fourth-quarter earnings and revenue before the bell that
