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Today: April 23, 2025
Today: April 23, 2025
Niket  Nishant

Niket Nishant

Staff Writer

Latest From Niket Nishant

Business|Economy|Finance|Stock Markets|US

AmEx profit beats expectations as card spending holds up

American Express beat Wall Street estimates for first-quarter profit on Thursday, as its affluent customers shrugged off fears of a slowdown to

AmEx profit beats expectations as card spending holds up
Business|Economy|Finance|Stock Markets|US

Blackstone beats first-quarter profit estimate, but CEO warns of tariff disruption

Blackstone beat first-quarter profit estimates on Thursday on the back of strong performance from its private equity and credit businesses, but the company's CEO warned

Blackstone beats first-quarter profit estimate, but CEO warns of tariff disruption
Business|Economy|Environment|Finance|US

Travelers profit beats as underwriting gains cushion $2 billion wildfire hit

Insurance bellwether Travelers' first-quarter profit exceeded analysts' expectations on Wednesday, as strong underwriting gains helped soften the hit from over $2 billion

Travelers profit beats as underwriting gains cushion $2 billion wildfire hit
Business|Economy|Finance|US

US banks flag risks to consumer spending from tariff uncertainty

U.S. consumer spending has benefited from strong wage growth and low unemployment so far, but it faces huge risks if the upheaval sparked by President Donald Trump's trade

US banks flag risks to consumer spending from tariff uncertainty
Business|Economy|Finance|Stock Markets|US

BofA stock surges after boosting profit on trading gains, interest income

Bank of America topped estimates on Tuesday for first-quarter profit as interest income grew and volatile markets helped its stock traders

BofA stock surges after boosting profit on trading gains, interest income
Business|Economy|Finance|Stock Markets|US

Goldman Sachs profit beats estimates as traders ride volatile markets

Goldman Sachs beat first-quarter profit estimates as its traders capitalized on volatile markets to bring in record equities revenue, but the

Goldman Sachs profit beats estimates as traders ride volatile markets
Business|Economy|Finance|Political|Stock Markets|US

JPMorgan profit beats estimates on record stock trading, CEO sees economic turbulence

JPMorgan Chase topped first-quarter profit estimates on record equities trading and higher fees from debt underwriting and advising on mergers, but the bank

JPMorgan profit beats estimates on record stock trading, CEO sees economic turbulence
Uncategorized

US regional banks face results test as tariffs trigger uncertainty, growth worries

Heightened uncertainty fueled by the on-and-off U.S. tariffs will likely take center stage as the nation's regional banks gear up to report first-quarter

US regional banks face results test as tariffs trigger uncertainty, growth worries
Business|Economy|Finance|Political|Stock Markets

Bill Ackman reiterates call for pause on implementing Trump's tariffs

Billionaire fund manager Bill Ackman, who endorsed Donald Trump's run for president, on Tuesday ratcheted up his pleas with Washington to hit pause on tariffs to stave off

Bill Ackman reiterates call for pause on implementing Trump's tariffs
Business|Economy|Finance|Political|Stock Markets|US

US crypto stocks slip as bitcoin hits new 2025 low

U.S.-listed shares of crypto companies tumbled on Monday, mirroring a sharp drop in bitcoin as escalating tariff tensions and fears of a global trade war triggered a broad

US crypto stocks slip as bitcoin hits new 2025 low
Asia|Business|Economy|Finance|Stock Markets

Global rout in bank shares intensifies as recession fears mount

Bank stocks tanked across the globe on Friday as fears of a recession swept through markets after U.S.

Global rout in bank shares intensifies as recession fears mount
Business|Economy|Finance|Political|Stock Markets|US

US bank stocks sink as Trump's tariffs cloud dealmaking, loan demand

Shares of U.S. banks tumbled to multi-month lows on Thursday, after President Donald Trump's sweeping tariffs plan sparked fears of a recession and a

US bank stocks sink as Trump's tariffs cloud dealmaking, loan demand
Business|Economy|Finance|Stock Markets|US

U.S. crypto stocks slide as Trump's sweeping tariffs jolt markets

U.S. crypto stocks declined on Thursday after President Donald Trump's latest round of sweeping tariffs rattled investor confidence due to rising global trade tensions,

U.S. crypto stocks slide as Trump's sweeping tariffs jolt markets
Business|Economy|Finance|Political|Stock Markets|US

US tech, retail stocks lead rout after Trump's tariff blow

Megacap U.S. tech companies including Apple and retail giants Walmart and Nike led a global market meltdown as President Donald Trump's

US tech, retail stocks lead rout after Trump's tariff blow
Business|Finance|Political|Stock Markets|Technology|US

Trump Media lists on NYSE Texas, handing early win to exchange

Trump Media & Technology Group said on Monday it has become the first company to be listed on NYSE Texas, handing an early boost to the exchange as it gears up for fierce

Trump Media lists on NYSE Texas, handing early win to exchange
Business|Economy|Finance|Stock Markets|Technology|US

CoreWeave valued at $23 billion in muted Nasdaq debut

CoreWeave's shares closed flat after opening nearly 3% below their offer price in its Nasdaq debut on Friday, giving the Nvidia-

CoreWeave valued at $23 billion in muted Nasdaq debut
Business|Economy|Finance|Stock Markets|Technology

CoreWeave's retail appeal may be tempered by IPO timing, financial pressures

Concerns sparked by CoreWeave's debt pile and other financial challenges may weigh on retail investor enthusiasm as it prepares to go public after what

CoreWeave's retail appeal may be tempered by IPO timing, financial pressures
Business|Economy|Finance|Lifestyle|Technology

Robinhood to bring wealth management, private banking to retail investors

Robinhood is rolling out wealth management and private banking services for investors with modest portfolios, as the trading platform looks to have a bigger

Robinhood to bring wealth management, private banking to retail investors
Business|Economy|Finance|Stock Markets|Technology|US

Nvidia-backed CoreWeave targets up to $32 billion valuation in test for AI IPOs

CoreWeave is targeting a valuation of up to $32 billion on a fully diluted basis in its U.S. initial public offering, as the Nvidia-backed startup bets on

Nvidia-backed CoreWeave targets up to $32 billion valuation in test for AI IPOs
Business|Finance|Technology|US

Ripple Labs says US SEC ends appeal over crypto oversight

Ripple Labs said on Wednesday the U.S.

Ripple Labs says US SEC ends appeal over crypto oversight
Business|Economy|Finance|Political|Stock Markets|US

Oppenheimer slashes 2025 US investment banking forecast on tariff worries

Oppenheimer said on Wednesday it no longer expects growth in U.S. investment banking revenue this year and slashed its earlier estimate of a 32% jump due to

Oppenheimer slashes 2025 US investment banking forecast on tariff worries
Americas|Business|Finance|Stock Markets|US

Nasdaq to open new Texas headquarters as companies relocate to state

Exchange operator Nasdaq said on Tuesday it would open a regional headquarters in Texas, deepening its presence in a state that is fast emerging as a major financial hub

Nasdaq to open new Texas headquarters as companies relocate to state
Business|Economy|Election|Entertainment|Finance|Political|Sports|US

Event contracts: Trading's next big thing or 'backdoor to gambling'?

Event contracts have exploded in popularity since the U.S. presidential election, fueling a heated debate between traders who have embraced the nascent asset class and

Event contracts: Trading's next big thing or 'backdoor to gambling'?

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