[ad_1] Jan. 16, 2024 12:49 pm ET Wall Street hardly ended last year with a bang. But given the challenges facing the other major business lines of the biggest banks,…
Tag: Financial Performance
Goldman Scores a Win With Sharply Higher Earnings
[ad_1] Updated Jan. 16, 2024 1:42 pm ET Goldman Sachs reported sharply higher earnings for the fourth quarter, giving the Wall Street Goliath a boost after a run of lackluster…
Goldman Sachs Reports Sharply Higher Earnings, Helped by Asset and Wealth Management
[ad_1] Goldman Sachs reported sharply higher profit for the fourth quarter, bolstered by a strong performance in its asset and wealth management business. The bank on Tuesday said quarterly profit…
Profits Comeback Paired With Rate Cuts Make a Powerful Mix
[ad_1] Profits are growing again, and the Federal Reserve looks as if it will start cutting rates sometime this year. It is an unusual combination and, for the stock market,…
Ocado Sees Further Revenue Growth Supported by Volumes
[ad_1] Ocado Group said it expects revenue to further increase in fiscal 2024 supported by volume growth after a record Christmas performance. The online grocer and retail-technology specialist on Tuesday…
Apple to Remove Blood Oxygen Sensor From Watch to Avoid U.S. Ban, Rival Says
[ad_1] Updated Jan. 15, 2024 2:27 pm ET Apple is removing a blood-oxygen sensor from some of its smartwatches to get around a patent dispute related to the technology, a…
Chip Wars Boost Europe’s Top Tech Company—for Now
[ad_1] The more the U.S. government worries about China’s ambitions in the chip industry, the more equipment for making chips that China seems to buy. When ASML, the Dutch company…
Stocks in Japan, India Notch Historic Highs; U.S. Markets to Reopen Tuesday
[ad_1] Stock benchmarks in two of Asia’s largest economies climbed to historic highs, while U.S. equity and bond markets were shut for Martin Luther King Day. Bank earnings and economic…
Peace and Prosperity in the Taiwan Strait Still Have a Chance
[ad_1] Taiwan has voted: bringing the independence-leaning Democratic Progressive Party an unprecedented consecutive third term in the presidency. Now the world is waiting on Beijing, which claims Taiwan but doesn’t…