Page 30 - Equity Analyst News Today

JPMorgan gained 0.9% and Citi fell 1.2%, while Bank of America fell 2.4% and Wells Fargo was down 2.3%. The banks combined set aside more than $8 billion to refill the Federal Deposit Insurance Corporations deposit insurance fund (DIF), which took a $16 billion hit after Silicon Valley Bank and two other lenders failed last year.

In the wake of a recent mid-air fuselage breach on a 737 Max, Boeing finds itself under increased scrutiny, triggering concerns about its ability to maintain a delicate equilibrium between accelerated production and product quality.

Indian IT services companies are expected to report subdued numbers for the December quarter due to weakness in IT services demand and high furloughs.

REFINITIV STREETEVENTS EDITED TRANSCRIPT Q1 2025 Okta Inc Earnings Call EVENT DATE/TIME:...

The recent leadership chaos at artificial intelligence startup OpenAI over the firing and reinstatement of Sam Altman has strengthened

Cybersecurity stocks have performed well in 2023, rising about +26.5% YTD, with the security backdrop boosted by an increase in data breaches and ransomware.

ExxonMobil is acquiring Pioneer Natural Resources and Chevron is buying Hess in two US mega-deals that shake up the US oil and gas industry. [Gas in Transition, Volume 3, Issue 10]

Nifty IT index outperforms the Nifty 50 this year. IT stocks gain on hopes of US Fed rate hike pause and strong earnings.

Apple’s Services segment was one of the brightest spots in a relatively in-line earnings report at the beginning of November, topping an $85 billion run rate as growth...

Tom Bradley is a contributing writer for The Globe and Mail.