Jim Cramer Says He Likes Earnings From These Big Banks ‘So Much’ — Here’s Why
Big bank earnings may be best qualified as mixed, and Cramer took the side of those reporting higher fee income.
Why U.S. Bancorp Shares Are Diving Premarket Today
U.S. Bancorp reported a decline in revenue and net interest income for Q1 2024, but beat adjusted earnings expectations. FY24 guidance was also lowered.
What’s Going On With TC Energy Shares Today?
TC Energy Alberta gas pipeline ruptures and catches fire. No injuries, but affected section shut down. CER monitors.
What’s Going On With VinFast Shares After Reaffirming Outlook Of 100,000 EV Deliveries?
VinFast shares rise after reporting Q1 earnings, with 100,000 EV delivery target for FY24 reaffirmed amidst global expansion plans.
Citizens Financial Broadly Affirms FY24 Forecast Post Mixed Q1 Results: Details
Citizens Financial Group Q1 FY24 revenue dips 7.9% YoY to $1.959B, missing estimates slightly. Net interest income falls 12% YoY to $1.44B due to lower loans. Adjusted net income down 32% YoY to $365M, but EPS beats at $0.79. CET 1 ratio improves to 10.6%.
French Fashion Giant LVMH Records 3% Organic Revenue Growth In Q1: Details
LVMH-Moet Hennessy Louis Vuitton records €20.7 billion revenue in Q1 FY24, with organic growth at 3%. Despite a 2% decline, the Fashion & Leather Goods business group sees a 2% organic revenue increase, while the Perfumes & Cosmetics business group records 7% organic growth.
Why XPeng Shares Are Rising Today
XPeng shares surge as the company partners with Volkswagen for technical collaboration on EV platform architecture in China, enhancing competitiveness.
Why Media Company Omnicom Shares Are Trading Higher Premarket Today
Omnicom Group reported 5.4% revenue growth, with organic growth of 4.0%. Adjusted EPS beat expectations.
Tesla Bull Says ‘Don’t Know…What’s Going To Happen To TSLA Stock Next Week’ Ahead Of Earnings Call: ‘Much Depends On…’
Black expects the $25K compact's production to commence in 2026, despite the prioritization of the robotaxi project.
What’s Going On With Toyota Shares After Recalling 211,000 Prius Cars Owing To Door Handle Issues?
Toyota shares are dropping in premarket trading after the company recalls 211,000 Prius cars due to door handle issues, posing safety risks.