IPOs and Trading Drive Big Banks With Big Dividends Earnings Higher In Q3

Jim Cramer's top 10 things to watch in the stock market Wednesday

Bank of America and Morgan Stanley kept up the streak of strong bank earnings.

Big banks' boom time

Amid all the anxiety, uncertainty and flip-flopping in this economy, one sector is doing tremendously: Big banks. Recent earnings reports showed banks including Citibank and JPMorgan beat revenue expectations and grew at a clip over the past few months. In this episode, why banks are thriving as regulations loosen and the economy gets unpredictable. Plus: A growing share of small businesses are raising prices in response to tariffs, Microsoft st…

Big Banks Are on Fire. Why Is the Fed Eyeing More Fuel?

Big banks are flying. Traders and dealmakers at Citigroup Inc., Goldman Sachs Group Inc., JPMorgan Chase & Co. and Wells Fargo & Co. enjoyed a roaring third quarter while lending grew, too. Stock markets are riding high and corporate borrowing costs are aggressively close to risk-free rates. And yet, the Federal Reserve is set to cut interest rates in coming months and potentially slash capital demands for banks by billions of dollars.

IPOs and Trading Drive Big Banks With Big Dividends Earnings Higher In Q3

A return to the forefront for initial public offerings (IPOs) and a relentless stock market rally, highlighted by a massive run by the Magnificent 7 tech stocks, in tandem with the Gold Mining stocks and Utilities, have led the stock market to print new all-time highs this year for all of the major indices. The initial third-quarter earnings results come from the large-cap money center banks, all of which posted outstanding results. Led by inves…

US banks report bumper earnings while interest rate cuts fuel market optimism