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Stocks making the biggest moves at midday: SMCI, TSLA, COIN, PLNT

Check out the companies making headlines in midday trading. Donald Trump Trades – Individual stocks seen as trades linked to Donald Trump's electoral prospects rose sharply as the Republican secured a return to the White House. Trump Media & Technology, majority owned by Trump himself, rose almost 5%. Tesla, whose CEO publicly supported the president-elect, […]

By Andrew Jack

November 6, 2024November 6, 2024

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Top analyst Mayo says Trump is “a regulatory game changer” for banks

Donald Trump's decisive victory to retake the White House could be a “regulatory game changer” for Wall Street banks, according to Wells Fargo. Stock analyst Mike Mayo wrote early Wednesday that a second Trump administration could bring “more free markets, less stringent oversight” while reducing regulatory risk. He sees Trump's return to the White House […]

By Andrew Jack

November 6, 2024November 6, 2024

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JPMorgan Chase (JPM) Q3 2024 Results

JPMorgan Chase reported third-quarter results that beat profit and revenue estimates as the company earned more interest income than expected. Here's what the company reported: Earnings: $4.37 per share versus LSEG estimate of $4.01 per share Revenue: $43.32 billion versus an estimate of $41.63 billion JPMorgan said profit fell 2% from a year ago to […]

By Andrew Jack

October 11, 2024October 11, 2024