Articles

  • 1 week ago | abbonews.com | Davit Kirakosyan

    JPMorgan Chase (NYSE: JPM) reported stronger-than-expected first-quarter revenue, though CEO Jamie Dimon highlighted growing economic risks tied to trade policy, inflation, and market volatility. Following the announcement, the company’s shares rose 4% intra-day Friday. The bank posted an adjusted revenue of $46.01 billion for Q1, marking an 8% increase from the prior year and beating Bloomberg consensus estimates of $44.39 billion.

  • 1 week ago | abbonews.com | Davit Kirakosyan

    BlackRock (NYSE: BLK) reported mixed fiscal 2025 first-quarter results, with strong earnings but weaker-than-expected assets under management (AUM) and net inflows. Shares rose more than 1% pre-market today as investors digested the update. The asset management giant posted earnings per share of $11.30, topping analyst expectations of $10.76. However, revenue came in at $5.28 billion, missing the $5.38 billion consensus estimate.

  • 2 weeks ago | abbonews.com | Davit Kirakosyan

    Cantor Fitzgerald initiated coverage of Coinbase Global (NASDAQ: COIN) stock with an Overweight rating and a 12-month price target of $245, highlighting the company’s expanding role beyond trading and its potential as a core infrastructure provider in the crypto economy.

  • 2 weeks ago | abbonews.com | Davit Kirakosyan

    Walgreens Boots Alliance (NASDAQ: WBA) reported fiscal second-quarter results that topped Wall Street expectations on both the top and bottom lines, driven by strong performance in its U.S. Retail Pharmacy segment. Shares fell more than 1% pre-market today following the report. The company posted adjusted earnings per share of $0.63, beating the consensus estimate of $0.53. Revenue reached $38.6 billion, exceeding projections of $38 billion and marking a 4.1% year-over-year increase.

  • 2 weeks ago | abbonews.com | Davit Kirakosyan

    Shares of Janover (NASDAQ: JNVR) skyrocketed 842% on Monday after the commercial real estate marketplace operator unveiled a dramatic shift in its treasury strategy, announcing plans to hold digital assets—primarily the Solana (SOL) token—as part of its reserves. The move follows a majority acquisition by a consortium of prominent crypto industry players, signaling a major strategic transformation for the company.

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