Business

David Solomon, Chairman & CEO Goldman Sachs, speaking on CNBC’s Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024. Adam Galici | CNBC Goldman Sachs is scheduled to report first-quarter earnings before the opening bell Monday. Here’s what Wall Street expects: Earnings: $8.56 per share, according to LSEG Revenue:
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Illuminated trademark of the American athletic footwear and apparel corporation Nike, Inc. seen on the Nike Store window in Antwerp, Belgium. (Photo by Karol Serewis/SOPA Images/LightRocket via Getty Images) Karol Serewis | Lightrocket | Getty Images Nike CEO John Donahoe acknowledged Friday that the company moved too far away from wholesale partners like Macy’s and
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Wells Fargo on Friday reported first-quarter earnings and revenue that beat Wall Street expectations, despite a decline in net interest income. Here’s how the company performed compared with what Wall Street was anticipating, based on a survey of analysts by LSEG, formerly known as Refinitiv: Earnings per share: $1.26 cents adjusted vs. $1.11 cents expected
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A story broke in Newsweek magazine April 10th claiming that a study in a high prestige medical journal of the American Medical Association, JAMA Psychiatry, revealed that teenagers who spend a lot of time playing video games and who use their computers heavily are more likely to have a psychotic episode. In the study Newsweek was reporting on, seven researchers in
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Jane Fraser, CEO of Citi, speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 1, 2023.  Patrick T. Fallon | AFP | Getty Images Citigroup on Friday posted first-quarter revenue that topped analysts’ estimates, helped by better-than-expected results in the bank’s investment banking and trading operations. Here’s how the company performed,
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Jamie Dimon, President and CEO of JPMorgan Chase, speaking on CNBC’s “Squawk Box” at the World Economic Forum Annual Meeting in Davos, Switzerland, on Jan. 17, 2024. Adam Galici | CNBC JPMorgan Chase is scheduled to report first-quarter earnings before the opening bell Friday. Here’s what Wall Street expects: Earnings: $4.11 a share, according to
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Carey Halio, Goldman Sachs’ head of strategy and investor relations, is getting promoted to global treasurer at the bank, according to people familiar with the matter.  Her new role, effective June 1, encompasses authority over the firm’s more than $1.6 trillion balance sheet, with responsibilities including overseeing the firm’s liquidity, funding and capital. She will
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An Atom Computing employee engaged in work on a computer screen. CNBC This story is part of CNBC’s quarterly Cities of Success series, which explores cities that have transformed into business hubs with an entrepreneurial spirit that has attracted capital, companies and employees. Imagine a world where computers solve problems billions of times faster than
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