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Investors are shunning America. This wealth management giant says, actually, U.S. stocks ...
It's quite unusual, though, to have opposite viewpoints from the same finance house. On Thursday, we noted that UBS strategist Bhanu Baweja was advising investors to sell any rallies until more is ...
JPMorgan's Dimon warns economy is facing 'considerable turbulence' from tariffs and trade wars
JPMorgan Chase & Co.'s Chief Executive Jamie Dimon said the world economy continues to face "considerable turbulence" as the bank added a more than a half-billion dollars to its reserves to maintain ...
Fed officials signal they are more worried about inflation than slow growth
While tariffs might also slow the economy, Collins and other Fed officials signaled they are more worried about inflation than growth at this point.
Wells Fargo revenue falls below views, as consumer and commercial banking weakens
Total revenue fell 3.4% from a year ago to $20.15 billion, below the FactSet consensus of $20.72 billion. Consumer banking revenue slipped 2%, as auto and personal lending dropped, and commercial ...
JPMorgan Chase's profit powers past analyst estimates, stock rises
JPMorgan Chase & Co.'s stock (JPM) rose 3.8% in premarket trading Friday after the bank said its first-quarter profit rose to $14.64 billion or $5.07 a share, from $13.42 billion, or $4.44 a share in ...
China's Tech Giants Move to Support Exporters as Trade Tensions Rise
Alibaba's grocery chain Freshippo, also known as Hema, said in a separate WeChat post that it is opening a 24-hour fast-track onboarding channel for Chinese exporters. The company also plans to launch ...
China fires back - for what it says is the last time - by lifting U.S. tariffs to 125%
China on Friday fired back for what it said was the final time. China's finance ministry raised its tariffs on the U.S., to 125%, from 84%, as the tit-for-tat continues. The China tariffs are ...
'I've made the most money over the last 30 years buying solid companies in terrible markets ...
Not since the pandemic in 2020 have individuals felt there was such an opportunity to buy the dip. The backdrop is stark: U.S. stocks experienced their most dramatic two-day wipeout in history. In ...
Fast Retailing Will See Lower Profit From Weak Performance in China and Global Slowdown
Fast Retailing has a solid balance sheet with a JPY 131 billion net cash position at the end of fiscal 2023. Management considers it necessary to hold plenty of cash on hand, given a rapidly changing ...
As tariff angst lingers, this wealth manager has just upgraded U.S. stocks
Trump's trade war will hasten the unraveling of globalization that made Asia the factory of the world and, as the chart below shows, gifted U.S. consumers cheap goods, notes Andrew Wishart, senior U.K ...
North American Morning Briefing: China Raises -2-
Cryo-Cell International Inc (CCEL) is expected to report $0.00 for 1Q. Digital Ally Inc (DGLY) is expected to report for 4Q.
I'm 5 years from retiring and moved my money into non-U.S. stocks. Was that a big mistake?
To mark the occasion, MarketWatch will publish a series of "Financial Fitness" articles to help readers improve their fiscal health, and offer advice on how to save, invest and spend their money ...