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Wall Street

Wall Street banks are already feeling huge pressure from a Fed rate cut that hasn't even happened yet

Wall Street banks posted second quarter financial results this week that signaled shrinking borrowing costs are hurting margins on deposits.

2019-07-20

Morgan Stanley wealth management reports record high margins in Q2

Its wealth management division, among the world's largest, booked a record high pre-tax profit margin in the second quarter.

2019-07-19

Wedbush's Dan Ives on Jony Ive's departure from Apple

Wall Street was surprised when Apple announced design chief Jony Ive is leaving the company. Here's what one analyst says about Ive's impact.

2019-06-28

Wall Street's 'inflection point,' the Vision Fund's power players, and secret messages

Citigroup CEO Michael Corbat recently said his firm reached a turning point last year in which its $8 billion tech budget started to pay off.

2019-06-09

Analysts react to Salesforce earnings: Q1 2020

Analysts say Salesforce is relatively safe from the impact of a tech cold war with China. Here's why they see strong growth opportunity for Salesforce

2019-06-06

Pivotal stock tanks 41% and Wall Street isn't sure it can recover

Pivotal reported guidance well below Wall Street's expectations. Here's why analysts called it a "disappointing start" and a "nightmare."

2019-06-06

Goldman Sachs says Uber's business model is one of its biggest risks

Goldman Sachs analysts are bullish on Uber — but they think the ride-hailing company's business model is a key risk in and of itself.

2019-06-05

Okta rises after Q1 FY2020 earnings and Wall Street is excited

A day after Okta reported earnings, its stock rose as high as 12%. Wall Street says its new products and acquisitions of ScaleFT and Azuqua will help.

2019-06-01

Tesla stock price: Stats put stock plunge into perspective

Tesla just snapped its longest losing streak in nine months. These five statistics place its plunge into perspective.

2019-05-24

Drug testing for marijuana: What Wall Street banks test employees?

Many big banks will be impacted by a new law in New York City that bars employers from forcing job applicants to take drug tests for marijuana use.

2019-05-22

Why Goldman Sachs just did its biggest deal in nearly 20 years as part of a pivot to less wealthy clients

The deal is meant to fill in Goldman's wealth offering and create more stable revenue to offset other more episodic sources of income.

2019-05-17

Analysis on Goldman Sachs purchase of United Capital

The deal is meant to fill in Goldman's wealth offering and create more stable revenue to offset other more episodic sources of income.

2019-05-17

These are the slides about Slack's spending, sales and customer growth that the CFO is betting its IPO on

Slack Chief Financial Officer Allen Shim gave a presentation to analysts on Monday ahead of the company's planned direct listing IPO.

2019-05-14

Uber CEO sends reassuring email to employees after disastrous IPO

CEO Dara Khosrowshahi sent a letter to employees after Uber's messy IPO last Friday, comparing the road ahead to what Amazon and Uber faced post-IPO.

2019-05-14

LIVE: Uber is set to begin trading in one of the largest US IPOs on record

Uber, the ride-hailing giant, is set to begin trading on Friday in one of the largest US initial public offerings on record.

2019-05-10

Another senior JPMorgan equities trader has bolted for Citigroup to run a business in prime finance

A senior equities trader has left JPMorgan for Citigroup, at least the second such exec to do so in the last nine months.

2019-05-07

What Wall Street's thinking, the VC investors getting rich, and Chevy's long game

The Wall Street elite spent the first half of this week in Los Angeles for the annual Milken Institute Global Conference. And the mood, according to Business Insider's Dakin Campbell, was cautious.

2019-05-05

Shake Shack shares just hit a 7-month high ahead of earnings

Shake Shack is scheduled to report first-quarter earnings results after the bell on Thursday.

2019-05-03

Beyond Meat IPO: First plant-based burger initial public offering

Beyond Meat, the 10-year-old plant-based-burger company, is the latest initial public offering in a deluge of IPOs expected this year.

2019-05-02

Lyft stock price: Everything we know about first month trading

Lyft shares have fallen 35% from their opening trade one month ago. Here's what Lyft's performance since then has taught us.

2019-04-28
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