WFC - Benzinga Bulls And Bears: Apple Alibaba Boeing And Cathie Wood Reveals How Much Bitcoin She Personally Owns | Benzinga
Benzinga examined the prospects for many investors' favorite stocks over the last week — here's a look at some of our top stories.
All three major indexes ended the week higher as the S&P 500 increased by 1.8%, the Nasdaq by 3.1%, and the Dow by 0.3%.
The Consumer Price Index rose to 3.4% YoY in December, surpassing November's 3.1% and the expected 3.2%, and signaling potential impacts on financial markets and Federal Reserve policies.
In banking, JPMorgan Chase & Co. (NYSE: JPM) reported strong earnings with a positive net interest income outlook despite economic concerns, while Bank of America Corp. (NYSE: BAC) experienced a 10% revenue decline, Wells Fargo & Company (NYSE: WFC) saw a 9% profit increase but expects lower future revenue, and Citigroup Inc (NYSE: C) faced reduced revenue and announced significant job cuts amid restructuring.
The week's highlight was the SEC's approval of spot Bitcoin ETFs, marking a significant milestone for Bitcoin by broadening its investor base.
Benzinga provides daily reports on the stocks most popular with investors. Here are a few of this past week's most bullish and bearish posts that are worth ...