European companies are heading into the upcoming earnings season on shaky ground, but lowered earnings estimates could help them beat analysts' forecasts in fiscal 2024.
Robinhood Markets (HOOD) shares jumped Tuesday after the online trading platform announced its first investor day, and Barclays gave a positive view of the company in its third-quarter outlook for the brokerage industry.
'Mad Money' host Jim Cramer talks today's conflicting Netflix calls.
Stellantis (STLA) shares fell Thursday after the automaker's U.S. unit reported a big drop in sales as all but one of its brands declined. The stock was also downgraded by Barclays.
Barclays analysts said the problems facing European car makers in China have been factored in, meaning they could now be set for a rebound
Tim Long, Barclays senior research analyst, joins CNBC to discuss why he has an underperform rating on Apple, whether Apple Intelligence features may impact demand, and more.
Barclays PLC (LSE:BARC)'s investment banking segment of its investment banking division has been an underperformer in recent years, but efforts are underway to improve its financial performance, reckon Shore Capital Markets analysts. Rather confusingly, Barclays' investment banking division is split between two core segments- ‘investment banking' and ‘global markets' (hence the clunky sentence above).
Barclays has downgraded its rating on European banks as strategists see a tougher outlook for the sector. European banks have benefitted from net interest income generated by high interest rates but now that the European Central Bank is expected to cut rates rapidly over the coming months, this boost to banks' bottom lines is getting eroded.
British banking giant Barclays will pay $4 million to settle a U.S. regulatory case. The Commodity Futures Trading Commission (CFTC) announced Tuesday (Oct. 1) that it had settled charges against the bank for violations of the Commodity Exchange Act (CEA) and CFTC regulations relating to swap reporting.
The U.S. Commodity Futures Trading Commission on Tuesday said Barclays Bank PLC will pay $4 million to settle charges related to swap reporting.
Barclays expects 'modest' cost growth in its investment bank through to 2026 as it tries to improve returns at the unit while keeping a lid on the capital it consumes, CEO C.S. Venkatakrishnan said on Tuesday.
Antony Jenkins, CEO of 10x Future Technologies and a former CEO of British banking giant Barclays, discusses a report his startup published on the adoption of digital technology by the world's banking industry.