Tag: Financial Services

Block Stock Soars After Earnings. How Dorsey’s Vast Job Cuts Are Working Out.

Block  stock was rising in premarket trading Friday after the fintech company reported strong first-quarter earnings, signaling to investors that its digital payments business was chugging along just fine despite mass layoffs.

Circle jumps nearly 20% on Clarity Act compromise that preserves stablecoin rewards

Shares of Circle surged after lawmakers over the weekend struck a compromise on the market structure bill known as the CLARITY Act, preserving stablecoin reward programs under certain conditions.

PayPal’s stock rallies after first earnings report of the new era.

PayPal Holdings posted its first earnings report under new CEO Enrique Lores on Tuesday, showing modest growth on a closely watched measure of payment volume but a disappointing earnings forecast for the current quarter.

Mastercard Tops Estimates, Fueled by an increase in Spending

Mastercard Inc. shares fell after the company reported higher-than-expected expenses.

DBS’s first-quarter net profit beat underpins 2026 outlook as wealth arm softens Iran war risks

Singapore’s biggest bank DBS Group (DBSM) struck a more sanguine tone on its 2026 outlook on Thursday after beating ‌first-quarter earnings forecasts, betting stronger wealth inflows and deposit growth can blunt the impact of the Iran war.

Evercore stock rises 4% on record revenue, earnings beat estimates

On Wednesday, Evercore Inc. (EVR) reported record first-quarter results that exceeded analyst expectations, with adjusted earnings per share of $7.53 beating the consensus estimate of $5.18 by $2.35.

CME Group beats Q1 estimates but shares edge lower

On Wednesday, CME Group Inc. (CME) reported first-quarter earnings that exceeded Wall Street expectations.

Moody’s Q1 earnings, revenue ahead of estimates

On Wednesday, Moody’s Corporation (MCO) reported first quarter adjusted earnings per share of $4.33, topping analyst estimates of $4.23 by $0.10, and revenue of $2.1 billion coming in slightly ahead of the $2.07 billion consensus.

Equifax Earnings Beat Estimates. Why Iran War Prevented Better Guidance.

Equifax (EFX) reported better-than-expected quarterly earnings Tuesday, but higher interest rates and lower mortgage activity are weighing on the credit firm’s outlook.

Charles Schwab beats estimates on strong client engagement

The Charles Schwab Corporation (NYSE:SCHW) reported first-quarter results that exceeded analyst expectations, driven by robust client engagement and record trading activity.

Marsh Reports Strong First Quarter 2026 Results

Marsh (NYSE: MRSH), a global leader in risk, reinsurance and capital, people and investments, and management consulting, today reported financial results for the first quarter ended March 31, 2026.

Goldman Sachs tops estimates on record equities trading — here’s why the stock is falling

Goldman Sachs on Monday posted first quarter results that topped expectations on record equities trading results and higher-than-expected investment banking revenue.

Berkshire to Take $1.8 Billion Stake in This Marine Insurer. Why the Partnership’s a Big Deal.

Berkshire Hathaway (BRK.B) will form a strategic partnership with Tokio Marine (8766) Holdings, a leading Japanese property and casualty and life insurer, and take a 2.5% stake in the company.

Dealmaking to pick up this year despite Iran war risks, Goldman CEO says

Goldman Sachs (GS) expects mergers ​and acquisitions activity to accelerate in 2026 despite the disruption caused by the U.S.-Israeli war on Iran, CEO David Solomon said ‌on Friday.

Optima bank: Έως €65,5 εκατ. το τίμημα για το 80,84% της Euroxx Securities

Το μέγιστο συνολικό ποσό για την απόκτηση του ανώτατου ποσοστού έως 80,84% του καταβεβλημένου μετοχικού κεφαλαίου της Euroxx Securities διαμορφώνεται έως τα €65,5 εκατ. στο πλαίσιο προκαταρκτικών και μη δεσμευτικών διερευνητικών επαφών, όπως αναφέρει η Optima bank σε ανακοίνωση της σήμερα κατόπιν σχετικού ερωτήματος της Επιτροπής Κεφαλαιαγοράς και σε συνέχεια της χθεσινής της ανακοίνωσης στο Χρηματιστήριο Αθηνών, αναφορικά με ενδεχόμενη συναλλαγή απόκτησης πλειοψηφικού ποσοστού μετοχών στην Euroxx.

Optima Bank: Εξαγοράζει ποσοστό από 67% έως 80,84% της Euroxx – Οι επίσημες ανακοινώσεις

Την υποβολή μη δεσμευτικής πρότασης εξαγοράς ποσοστού από 67% έως 80,84% της Euroxx από την Optima Bank ανακοίνωσαν οι δύο εταιρείες, επιβεβαιώνοντας το ρεπορτάζ του mononews.

Mastercard to buy stablecoin infra firm BVNK for up to $1.8 billion

Mastercard (MA) said on Tuesday it would ​buy stablecoin payments infrastructure firm ‌BVNK for up to $1.8 billion.

California lithium company to go public in $4.7 billion SPAC deal

California-based ​lithium company Controlled Thermal ‌Resources will go public in the ​United States through ​a $4.7 billion merger with ⁠blank-check firm Plum ​Acquisition Corp IV (PLMKU) ​the companies said on Monday.

New Berkshire Hathaway CEO Greg Abel Signals He Expects Long Tenure

Berkshire Hathaway’s (BRK.B) new CEO Greg Abel thinks he will be on the job for a long time.

Swiss Re rises on $1.5 bln buyback despite $650 mln L&H charge

Swiss Re shares rose more than 3% on Friday after the reinsurer announced a $1.5 billion share buyback programme that exceeded expectations by 200%, overshadowing a record annual profit of $4.76 billion and a miss by its life and health unit on a $650 million portfolio charge.