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News of New York

The March Banking Crisis Fallout: What to Expect from U.S. Banks' Earnings Season
10 April 2023
3751
Earnings season outlook As the U.S. banking industry braces for its upcoming earnings season, investors are gearing up for a challenging outlook. According to experts, a tough quarter is expected due to the fallout of the regional banking crisis an...
Stocks rise even as inflation rises
10 December 2021
3321
Rising inflation not a hindrance US equity futures remained cautiously high despite a surge in inflation. Major futures indices were up 0.4% when trading on Wall Street started after Thursday's mixed session. The Bureau of Labor Statistics reported...
Stocks and oil falls over Omicron fears
30 November 2021
3852
Market against new COVID US stocks are set for a bout of volatility, with equity futures pointing to a lower opening ahead of testimony from Federal Reserve Chairman Jerome Powell and growing concerns over the omicron option. Dow Jones Industrial f...
Stock futures fall ahead of ADP jobs report
6 October 2021
3717
Stocks fall ahead of jobs report US stock futures fell sharply on Wednesday morning as investors awaited the latest labour market assessment. Dow Jones Industrial Average futures fell 350 points, or 1.02%, while S&P 500 and Nasdaq 100 futures f...
PepsiCo raises profit forecast to 11%
13 July 2021
4486
Soda demand PepsiCo Inc (NASDAQ:PEP) raised its earnings forecast for 2021 on Tuesday, betting on rising demand for carbonated drinks in cinemas, restaurants and stadiums as viewers return after the easing of ...
Barclays net profit nearly triples for the quarter
30 April 2021
4713
Barclays revenue and earnings Barclays Plc (LON:BARC) posted net profit of 1.704 billion pounds ($2.37 billion) in January-March, up from 605 million pounds a year earlier, the British bank said in a press release. Thus, organization's qua...
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