1h ago
Goldman Sachs Equity Trading Jumps 72% as JPMorgan Bond Desk Slips
ETH-0.61%
BTC-0.15%
SOL-0.72%
MANTA-1.46%
AUDIO-0.31%
KAVA+0.36%
FLOW-3.71%
KSM-3.11%ETH-0.61%BTC-0.15%SOL-0.72%MANTA-1.46%AUDIO-0.31%KAVA+0.36%FLOW-3.71%KSM-3.11%ETH-0.61%BTC-0.15%SOL-0.72%MANTA-1.46%AUDIO-0.31%KAVA+0.36%FLOW-3.71%KSM-3.11%ETH-0.61%BTC-0.15%SOL-0.72%MANTA-1.46%AUDIO-0.31%KAVA+0.36%FLOW-3.71%KSM-3.11%
3h ago
Bank of America Hit With $1.2 Billion Treasury Penalty Before Q3 Earnings
Bank of America received more than $1.21 billion in anti-money-laundering and sanctions penalties from the US Treasury a day before its third-quarter earnings report. The bank is the second-largest in the US. The fine will weigh directly on its financial performance for the quarter.
2d ago
Meta Stock Warning? Zuckerberg Sells $21 Million as Insiders Exit
10-9
Verizon, AT&T and T-Mobile drop about 6% after SpaceX agrees to buy nationwide low-band spectrum portfolio
SpaceX said it has agreed to buy a nationwide low-band spectrum portfolio, intensifying competition with U.S. mobile carriers. Shares of Verizon, AT&T and T-Mobile each fell about 6% in after-hours trading on Thursday. The portfolio is being sold by private equity firm Grain Management, which acquired the airwaves from T-Mobile in August. The purchase price was not disclosed.
10-6
Trump Says the Strait of Hormuz No Longer Drives U.S. Gas Prices After Tanker Hit
A projectile struck a tanker in the Strait of Hormuz on Monday, sparking a fire in its engine room. The crew was working to extinguish the blaze, according to the UK Maritime Trade Operations office. The agency said the report was its 10th incident notice since October 1. U.S. President Donald Trump said the strait is no longer a factor behind higher gasoline prices for Americans.
10-5
Iran oil minister Mohsen Paknejad resigns after saying oil revenue was still flowing
Iran’s oil minister, Mohsen Paknejad, resigned on Sunday, with state media giving no reason. Hours earlier, he said oil revenue was still coming in. However, Iran loaded no oil at its export terminals in September, Fortune reported.
10-2
Nike tops Q1 earnings estimates with 48 cents a share, but revenue slips to $11 billion
Nike reported fiscal 2025 first-quarter earnings of 48 cents a share, beating the 43-cent market consensus. The outperformance was driven mainly by cost cuts rather than sales growth. Revenue totaled $11 billion. CEO Elliott Hill has rolled out a turnaround plan while forecasting a high-single-digit percentage revenue decline in fiscal 2027.
9-2
Dell shares rise more than 10% in after-hours trading after adjusted EPS tops estimates at $7.04
Dell Technologies reported adjusted earnings of $7.04 a share, far above analysts’ expectations of about $4.90. The strong performance was driven by AI-related demand. The stock rose more than 10% in after-hours trading.
8-17
SanDisk cites $93.9 billion backlog, sets 80% non-GAAP gross margin goal through fiscal 2030
On Aug. 13, SanDisk said at its Investor Day in Manhattan, New York that it has a customer backlog of $93.9 billion and is targeting 80% non-GAAP gross margins through fiscal 2030. The update sent SanDisk shares up nearly 14% on the day. Chairman and CEO David Goeckeler said the results show the company’s 18-month turnaround plan is beginning to work after roughly six difficult weeks for the stock.
