Category: Markets

JPMorgan Chase & Co. (NYSE:JPM) has successfully drawn in more than $15 billion in assets from affluent clients for its budding tax strategy business. This development comes as the bank seeks to expand its market share and compete with rivals like Goldman Sachs Group Inc. (NYSE:GS) and Morgan Stanley (NYSE:MS). What Happened: Over the past…

Worthington Enterprises, Inc. (NYSE:WOR) is set to release earnings results for its fourth quarter, after the closing bell on Tuesday. Analysts expect the Columbus, Ohio-based company to report quarterly earnings at 94 cents per share, down sharply from $2.74 per share in the year-ago period. Worthington Enterprises is projected to post revenue of $359.39 million…

U.S. stock futures were mixed this morning, with the Nasdaq futures gaining around 80 points on Tuesday. Shares of Pool Corporation (NASDAQ:POOL) fell sharply in today’s pre-market trading after the company cut its FY24 EPS guidance. The company announced its year-to-date sales are trending down and seasonally significant Q2 2024 revenues are below previous expectations.…

Although U.S. stocks closed mixed on Monday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company’s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the…