Brad Garlinghouse is a well-known and influential figure in the crypto space. Though he has held senior roles in many high-profile companies, including internet giants AOL and Yahoo, he is most popular for his current role as CEO of Ripple, the leading provider of crypto-enabled solutions for businesses. Under his… Continue reading Brad Garlinghouse Net...
Nobel laureate Robert Shiller’s research reveals that irrational exuberance drives stock prices above their true value Irrational exuberance is a thing. Robert Shiller was awarded a Nobel prize for his research showing this to be so – that valuations affect long-term returns. The only way that that could be so… Continue reading Irrational Exuberance: Would...
Blackrock set a record with $10.6 trillion in assets under management in the second quarter, led by high ETF flows. BlackRock (NYSE:BLK) stock was trending up Monday after the asset management giant posted strong second quarter earnings, buoyed by robust ETF inflows and a rising stock market. The asset manager… Continue reading BlackRock Profits Jump...
The bank’s profits more than doubled thanks to improve equities and fixed-income performance Goldman Sachs (NYSE:GS) stock gained slightly in early morning trading today after the company reported a 150% jump in second-quarter profits. Profit and revenue for the bank topped estimates, with a net income of $3.04 billion ($8.62… Continue reading Goldman Sachs Profit...
What will the markets do for an encore after hitting all-time highs last week? The S&P 500, Nasdaq Composite, and Dow Jones Industrial Average all touched all-time highs last week in what was a record week for stocks. With Q2 earnings season kicking off in earnest this week, what will… Continue reading S&P 500 Hits...
Baidu stock offers exposure to generative AI and self-driving vehicle technology at a low valuation multiple Baidu (NASDAQ:BIDU), the Chinese tech firm rivaling the likes of Google and Alibaba, has struggled in recent months, its share price down more than 21% year-over-year. However, this, combined with the company’s relatively low… Continue reading Baidu Stock: A...
Citigroup’s transformation is heading in the right direction, but it did hit a snag this week. Citigroup (NYSE:C) reported strong second quarter results Friday, with earnings rising 10% year-over-year thanks to a successful effort to reduce expenses. However, despite the better-than-expected earnings and revenue numbers, the share price was down… Continue reading Citigroup Profits Rise...
Citigroup’s transformation is heading in the right direction, but it did hit a snag this week. Citigroup (NYSE:C) reported strong second quarter results Friday, with earnings rising 10% year-over-year thanks to a successful effort to reduce expenses. However, despite the better-than-expected earnings and revenue numbers, the share price was down… Continue reading Citigroup Profits Rise...
The dip, given the firm’s solid performance this year, could provide an entry point for investors Wells Fargo (NSSE:WFC) stock tumbled in early trading Friday after it reported a 9% decline in net interest income (NII). The share price drop came despite the financial services company’s Q2 earnings and revenue… Continue reading Wells Fargo Stock...
The dip, given the firm’s solid performance this year, could provide an entry point for investors Wells Fargo (NSSE:WFC) stock tumbled in early trading Friday after it reported a 9% decline in net interest income (NII). The share price drop came despite the financial services company’s Q2 earnings and revenue… Continue reading Wells Fargo Stock...