JP Morgan Surpasses Q3 Expectations with Strong Investment Banking Results
The American major banks JP Morgan, Goldman Sachs and Wells Fargo all report a result above expectations for the third quarter.
Business
Defense Stocks Rise as Trump Urges NATO to Counter Russian Aircraft
Donald Trump urges NATO countries to shoot down Russian aircraft that violate their airspace. After the statement, which was made on Tuesday, the defense companies' shares are soaring in Europe and Asia.
BusinessTop news
Klarna's Valuation Tops 140 Billion Kronor Ahead of NYSE Debut
Klarna's introductory course on the New York stock exchange will be 40 dollars per share. This means a total valuation of Klarna of just over 15 billion dollars or approximately 142 billion kronor when the share is to start trading on Wednesday.
Technology
Goldman Sachs: Fed Uncertainty Could Propel Gold Prices
The gold rally may gain new momentum if the Trump administration's attempts to clean out the Federal Reserve (Fed) damage the market's confidence in the US central bank, warn the professionals at Goldman Sachs.
Business
Stockholm Stock Exchange Drops 2.2 Percent Amid Broad Decline
After a quiet start on Tuesday, the Stockholm stock exchange turned sour and closed at a minus of 2.2 percent. Among the large companies on the OMXS30 index, it was only the pharmaceutical giant Astra Zeneca that did not lose.
Business
US Banks Achieve Record Results Amid Stock Market Recovery
The latest months' stock exchange drama in connection with the USA's tariff threats have made the country's banks achieve record results.
Business
JP Morgan Stock Rises After Strong Earnings Report
The reporting season on Wall Street has started in earnest. And it begins with a thumbs up in the trade on the New York Stock Exchange after an unexpectedly strong report from the American major bank JP Morgan Chase & Co – but downwards for the competitor Wells Fargo.
Business
Rishi Sunak Rejoins Goldman Sachs as Advisor
The former British Prime Minister Rishi Sunak, who resigned last year, returns to the American investment bank Goldman Sachs, reports Financial Times.
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