January 16, 2025

Goldman Sachs Doubles its Earnings in Q4 as Stock Rises 6%

coronavirus crisis Goldman Sachs CEO David Solomon

The gains were fueled by rising investment banking fees. Goldman Sachs (NYSE:GS) reported strong fourth quarter earnings on Wednesday, fueled by a significant increase in investment banking revenue. The leading investment bank and asset manager generated $13.9 billion in revenue in the fourth quarter, a 9% gain. The revenue total… Continue reading Goldman Sachs Doubles its Earnings in Q4 as Stock Rises 6%

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January 16, 2025

JPMorgan Chase Crushes Estimates, Earnings Rise 58% in Q4

JPMorgan Chase delivered huge Q4 results Wednesday, with earnings rising 58%. It easily beat estimates as the stock rose 2% on the day.

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January 16, 2025

Inflation Rises to 2.9% in December, But Core CPI Ticks Lower

Inflation Rate

The CPI inflation rate rose for the third straight month in December, increasing to 2.9%. However, the core CPI rate moved down to 3.2%

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January 16, 2025

BlackRock Stock Rises as CEO Touts Record Inflows

blackrock stock

The company has enjoyed two consecutive quarters of record net capital inflows BlackRock (NYSE:BLK) stock rose 3.5% and approached $1,000 early Wednesday morning after the financial giant topped Wall Street’s Q4 2024 adjusted earnings forecast. The world’s largest asset manager generated $5.677 billion in revenue during 2024’s fourth quarter, beating… Continue reading BlackRock Stock Rises as CEO Touts Record Inflows

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