Core prices come in cooler than expected as inflationary pressures ease slightly

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BlackRock assets reach record $11.6 trillion in Q4. Stock rises.

BlackRock (BLK) shares gain after the asset manager released fourth quarter results, showing profit increased 21% from 2023 while assets under management hit a record high of $11.55 trillion. Morning Brief Co-Hosts Seana Smith and Brad Smith break down what investors need to know about BlackRock's earnings report. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Naomi Buchanan.

Yahoo Finance Video 4 minutes ago

BLK
JPMorgan notches another record year of profits

The nation's largest bank earned $14 billion in the final quarter of 2024 due largely to a Wall Street revival, pushing its annual haul to an all-time record $58 billion.

Yahoo Finance 3 hours ago

GS

C

WFC
JPMorgan COO to step down in June: Jamie Dimon's succession in focus

JPMorgan Chase & Co. (JPM) CEO Jamie Dimon's succession plans, or lack thereof, are in focus after president and COO Daniel Pinto announced he will step down in June and fully retire in 2026. Puck founding partner William D. Cohan sits down with Julie Hyman and Josh Lipton to discuss what investors can expect from Dimon's succession. "I don't think Jamie Dimon really wants to go anywhere," Puck says, adding the CEO looks "like a man who was very comfortable, wasn't anxious to go anywhere, wasn't giving any indication whatsoever that he had chosen a successor." "Yes, it's very important that he... solve the bank's problems ... But he's he's not going to live forever," Puck notes, calling that succession is "a hugely important decision." Puck has previously told Yahoo Finance that finding a successor is one of the "most important thing[s]" a chief executive can do. Watch the video above to learn more about Puck's expectations for Dimon's succession. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Naomi Buchanan.

Yahoo Finance Video 14 hours ago

JPM
Quantum computing stocks rebound after massive sell-off as industry exec says opportunity is 'real'

Quantum computing stocks rebounded Tuesday after a massive sell-off fueled by Big Tech CEOs expressing skepticism. The stocks recovered as D-Wave CEO Alan Barrett said quantum computing is "real."

Yahoo Finance 17 hours ago

NVDA

RGTI

RGTIW
It's growth, not inflation keeping rates higher: Strategist

US stocks (^GSPC, ^IXIC, ^DJI) are up following cooler-than-expected inflation data from December's Producer Price Index (PPI) print. Horizon Investments Chief Investment Officer Scott Ladner joins Wealth to explain why a strong economy doesn't lead to a bad stock market and that elevated interest rates are not due to inflation. "The primary driver of these higher rates we've seen over the last month is not inflation worries. It's not inflationary types of things — it is growth," Ladner explains. Ladner warns investors not to ignore non-US equities, recalling past misjudgments from 2017 when the consensus was that US stocks would outperform due to factors like deregulation and tariff pressures. Additionally, Ladner speaks on technology (XLK) and financials (XLF) as strong sectors, with tech driven by AI and deregulation benefiting small financials. Major banks kick off earnings season with JPMorgan Chase & Co. (JPM), Wells Fargo (WFC), Citi (C), Goldman Sachs (GS), Bank of America (BAC), and Morgan Stanley (MS) set to report quarterly results throughout the week. "This is happening right now. Technology, you have to be a part of it... you can't be underweight [with] tech coming in for the next several years at least," Ladner says. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Josh Lynch

Yahoo Finance Video 18 hours ago

XLK

^GSPC

^IXIC
This earnings season will show the 'haves' and the 'have-nots'

With Big Bank earnings around the corner, Rational Dynamic Brands Fund portfolio manager Eric Clark joins Morning Brief with Seana Smith and Brad Smith to discuss his expectations for earnings season. "I think the banks will be fine. Goldman [Sachs] (GS) should probably paint a pretty good picture," Clark says, noting, "We're more focused on the asset managers. There's a big trend in wealth management with money migrating from public equities and public fixed income over to privates." "Those asset managers have had pretty decent pullbacks here, making some pretty attractive entry points as we head into earnings," he adds. Blackstone (BX) is the first asset manager to report on January 30. The portfolio manager says this earnings season will be put the "haves and the have-nots" categories on display, adding, "I think it's going to be a bifurcated market with earnings because expectations are a little high going into the year." Editor's note: Clark mentions Apollo Global Management, which is the majority owner of Yahoo, Yahoo Finance's parent company. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Naomi Buchanan.

Yahoo Finance Video 23 hours ago

APO

APO-PA

AMZN
Quantum Leap? Rigetti's 22% Stock Surge Tempered by Leadership's Call for Measured Expectations

Rigetti Computing emphasizes technology over hype, calling for patience amid growing investor enthusiasm for quantum computing

GuruFocus.com 1 minute ago

RGTIW
Core CPI Inflation Eases; S&P 500 Rallies As Fed Rate-Cut Hopes Brighten

Consumer price index data for December showed that core price pressures eased more than expected. The S&P 500 powered higher as Wall Street weighed the CPI's implications for Federal Reserve policy as well as positive earnings reports from Dow Jones giants JPMorgan Chase and Goldman Sachs. Going into this morning's report, markets didn't expect the next Fed rate cut to come before June.

Investor's Business Daily 3 minutes ago

GS

JPM
Quantum Computing Stocks Jump On D-Wave, Carahsoft Partnership

Quantum computing stocks led by D-Wave Quantum popped on Wednesday continuing their roller coaster ride in 2025.

Investor's Business Daily 4 minutes ago

QBTS

QBTS-WS

NVDA
Here’s Why Quantum Stocks, Including RGTI and IONQ, Are Surging Today

Quantum stocks are climbing in early trading after Microsoft (MSFT) and Nvidia (NVDA) both made announcements regarding the technology yesterday. Among the quantum names rallying this morning are Rigetti Computing (RGTI), D-Wave Quantum (QBTS), and IonQ (IONQ). Microsoft And Nvidia Are Becoming Involved in Quantum Microsoft is launching a “Quantum Ready program” that will help […]

Insider Monkey 6 minutes ago

NVDA

MSFT

RGTIW
Goldman Sachs, JPMorgan Crush Views In Slew Of Bank Earnings

Big banks kick off Q4 results with Goldman Sachs, JPMorgan Chase, Wells Fargo, BlackRock, Citi reporting. Some names are basing.

Investor's Business Daily 31 minutes ago

GS

BLK

JPM
Solid Results Lifted Wells Fargo & Company (WFC) in Q4

Oakmark Funds, advised by Harris Associates, released its “Oakmark Fund” fourth quarter 2024 investor letter. A copy of the letter can be downloaded here. The fund returned 2.04% in the fourth quarter, compared to a 2.41% return for the S&P 500 Index. The fund has returned 12.82% since its inception compared to the index return of […]

Insider Monkey 40 minutes ago

WFC
Cryptocurrency Prices And News: Bitcoin, Crypto Prices Jump On CPI Data

Cryptocurrency News: Bitcoin and cryptocurrency prices mounted an early rally Wednesday as Consumer Price Index (CPI) data for December showed that core price pressures eased more than expected. Bitcoin jumped near $99,000 early Wednesday from its Tuesday level around $96,000. Crypto prices traded lower Monday as the sell-off on the December jobs report and a jump in inflation expectations extended through the weekend.

Investor's Business Daily 40 minutes ago

COIN

BLK

HOOD
OS Therapies Announces Phase 2b Clinical Trial of OST-HER2 Achieves Primary Endpoint with Statistical Significance in the Prevention of Recurrent, Fully Resected, Lung Metastatic Osteosarcoma

NEW YORK, January 15, 2025--OS Therapies, Inc. (NYSE-A: OSTX), a clinical-stage biotechnology company advancing immunotherapies and targeted drug conjugates for cancer treatment, today announced positive data from a Phase 2b clinical trial (NCT04974008) of OST-HER2 (OST31-164) - the Company’s HER2-targeted immunotherapy candidate in the rare pediatric-designated indication of prevention of recurrent, fully resected, lung metastatic osteosarcoma. The data demonstrate statistically significant res

Business Wire 47 minutes ago

OSTX
Treasuries Surge as Easing Inflation Boosts Fed Rate-Cut Bets

(Bloomberg) -- US government bonds surged as benign inflation data prompted traders to resume betting the Federal Reserve will cut interest rates again by July.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyAs E-Bikes Boom in NYC, Some Call for More RegulationsA Blueprint for Better Bike LanesChicago Officials Pitch $1.5 Billion Plan to Fix Transit WoesThe rally lowered yields by at least 10 basis points on notes maturing in two to 20 years. It erased most of w

Bloomberg 49 minutes ago

GS
BlackRock Promotes Senior Executives Amid Wiedman’s Exit

(Bloomberg) -- BlackRock Inc. is elevating several senior executives to expand its business in the Americas and with key institutional clients, following the announced departure of Mark Wiedman, once seen as a potential successor to Chief Executive Officer Larry Fink.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyAs E-Bikes Boom in NYC, Some Call for More RegulationsA Blueprint for Better Bike LanesChicago Officials Pitch $1.5 Billion Plan to Fix Transit WoesJo

Bloomberg 52 minutes ago

BLK
Wells Fargo Q4 Earnings: Investors Cheer 50% Jump In Net Profit, ROE Improvement, Bank Expects Up To 3% Jump In 2025 NII

On Wednesday, Wells Fargo & Company (NYSE:WFC) reported a net income of $5.08 billion, up 47% year over year in the fourth quarter of 2024. The bank reported GAAP EPS of $1.43, beating the consensus of $1.34. Revenue remained almost flat at $20.38 billion. Analysts expected $20.59 billion. The U.S. banking giant reported a 7% year-over-year drop in net interest income to $11.84 billion driven by deposit mix and pricing changes, the impact of lower rates on floating rate assets, and lower loan ba

Benzinga 58 minutes ago

WFC
Insiders At Bank of New York Mellon Sold US$13m In Stock, Alluding To Potential Weakness

In the last year, many The Bank of New York Mellon Corporation ( NYSE:BK ) insiders sold a substantial stake in the...

Simply Wall St. 1 hour ago

BK
Goldman Sachs wealth management sees double-digit revenue increase in 2024

A record year for private banking and other arms of Goldman Sachs.

Private Banker International 1 hour ago

GSC
JP Morgan 2025: Incyte expects period of ‘defining catalysts’

Incyte announced plans for four launches in 2025, beginning with its FDA-approved Niktimvo for chronic GvHD.

Pharmaceutical Technology 1 hour ago

INCY

JPM

Performance Overview

Return	AAIF.L	FTSE 100
YTD	+0.73%	+1.96%
1-Year	+11.59%	+8.59%
3-Year	-4.87%	+9.77%

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Related News

BlackRock assets reach record $11.6 trillion in Q4. Stock rises.

JPMorgan notches another record year of profits

JPMorgan COO to step down in June: Jamie Dimon's succession in focus

Quantum computing stocks rebound after massive sell-off as industry exec says opportunity is 'real'

It's growth, not inflation keeping rates higher: Strategist

This earnings season will show the 'haves' and the 'have-nots'

Quantum Leap? Rigetti's 22% Stock Surge Tempered by Leadership's Call for Measured Expectations

Core CPI Inflation Eases; S&P 500 Rallies As Fed Rate-Cut Hopes Brighten

Quantum Computing Stocks Jump On D-Wave, Carahsoft Partnership

Here’s Why Quantum Stocks, Including RGTI and IONQ, Are Surging Today

Goldman Sachs, JPMorgan Crush Views In Slew Of Bank Earnings

Solid Results Lifted Wells Fargo & Company (WFC) in Q4

Cryptocurrency Prices And News: Bitcoin, Crypto Prices Jump On CPI Data

OS Therapies Announces Phase 2b Clinical Trial of OST-HER2 Achieves Primary Endpoint with Statistical Significance in the Prevention of Recurrent, Fully Resected, Lung Metastatic Osteosarcoma

Treasuries Surge as Easing Inflation Boosts Fed Rate-Cut Bets

BlackRock Promotes Senior Executives Amid Wiedman’s Exit

Wells Fargo Q4 Earnings: Investors Cheer 50% Jump In Net Profit, ROE Improvement, Bank Expects Up To 3% Jump In 2025 NII

Insiders At Bank of New York Mellon Sold US$13m In Stock, Alluding To Potential Weakness

Goldman Sachs wealth management sees double-digit revenue increase in 2024

JP Morgan 2025: Incyte expects period of ‘defining catalysts’

Performance Overview