wall street
3 stories related to this topic, newest first.
ft.comMorgan Stanley Reports Record First Quarter Trading Profits Amid Stock Decline
Morgan Stanley announced record-breaking first quarter results driven by strong stock trading performance that exceeded Wall Street forecasts. The bank's shares fell following the announcement due to uncertainty over leadership transition. Analysts highlighted internal candidates…
insightsonindia.comOver 20 Commercial Vessels Transit Strait of Hormuz Amid U.S. Blockade
More than 20 commercial vessels, including cargo, container, and tanker ships, passed through the Strait of Hormuz in the past 24 hours while complying with a U.S. blockade. The Wall Street Journal reported the transit based on two U.S. officials. This movement occurs against a b…
cnbc.comMajor U.S. Banks Report Strong First-Quarter Profits Amid Trading Surge and Economic Risks
America's largest banks posted record first-quarter profits in 2026, fueled by elevated trading activity and investment banking fees. JPMorgan Chase led with revenue of $50.5 billion and earnings per share of $5.94, surpassing estimates. The bank's CEO highlighted a complex set o…