Capitalize Financial
No Result
View All Result
Friday, July 11, 2025
  • Home
  • Business
  • Economy
  • World
  • Markets
  • Tech
  • Real Estate
Capitalize Financial
  • Home
  • Business
  • Economy
  • World
  • Markets
  • Tech
  • Real Estate
No Result
View All Result
Capitalize Financial
No Result
View All Result
Home Markets

What the Banks Stock Rally Says About Wall Street

in Markets

Much of the attention on Goldman Sachs’s earnings on Tuesday focused on the Wall Street firm’s reorganization, which de-emphasizes traditionally profitable, if volatile, businesses like M.&A. advice and elevates steadier operations like asset and wealth management. (It also splits up Goldman’s struggling consumer-lending unit.) But yesterday’s results also highlight a split in big banks’ fortunes. Goldman and Morgan Stanley, which rely more on traditional Wall Street businesses, suffered from a slowdown in high-finance activities like deals and I.P.O.s that led to drops in revenue. By comparison, lenders like Bank of America, JPMorgan Chase and Wells Fargo that rely on Main Street for more of their business reported sales gains.

Not surprisingly, the latter group has outperformed the former as investors have broadly acquired bank stocks. Over the past five days, financials is the leading S&P 500 sector, up 6.4 percent, according to Fidelity. The exception to the Main Street theme, of course, was Goldman, which has struggled for over a year to get its Marcus division to hit the lofty expectations set by its C.E.O., David Solomon.

[Read More…]

No Result
View All Result

Subscribe Us

By clicking submit, I authorize Capitalize Financial and its affiliated companies to: (1) use, sell, and share my information for marketing purposes, including cross-context behavioral advertising, as described in our Terms of Service and Privacy Policy, (2) supplement the information that I provide with additional information lawfully obtained from other sources, like demographic data from public sources, interests inferred from web page views, or other data relevant to what might interest me, like past purchase or location data, (3) contact me or enable others to contact me by email with offers for goods and services from any category at the email address provided, and (4) retain my information while I am engaging with marketing messages that I receive and for a reasonable amount of time thereafter. I understand I can opt out at any time through an email that I receive, or by clicking here
  • Trending
  • Comments
  • Latest

Gas Prices Today, October 22, 2022: Check the cheapest Gas Stations Today

Capital One Savings Account Rates for November 2022

These are the 10 housing markets across the US where home sellers are sitting pretty

10 Best Finance Podcasts for 2023

These are the 10 housing markets across the US where home sellers are sitting pretty

Embrace Technology And Stop Playing “Guess Who” With Your Customers

10 Best Finance Podcasts for 2023

NASA’s Webb Telescope Confirms First Exoplanet

Recent News

These are the 10 housing markets across the US where home sellers are sitting pretty

Embrace Technology And Stop Playing “Guess Who” With Your Customers

Categories

  • Business
  • Cryptocurrency
  • Economy
  • entertainment
  • finance
  • health
  • Markets
  • Music
  • Opinion
  • Politics
  • Real Estate
  • Science
  • Sports
  • Tech
  • World

Site Navigation

  • Contact Us
  • Privacy Policy
  • Terms Of Service
  • Unsubscribe
  • Privacy Choices

© 2025 capitalize Financial All Rights Reserved

No Result
View All Result
  • Advertisement
  • Contact Us
  • World
  • Economy
  • Business
  • Opinion
  • Markets
  • Tech
  • Real Estate

© 2025 capitalize Financial All Rights Reserved

Skip to content
Open toolbar Accessibility Tools

Accessibility Tools

  • Increase TextIncrease Text
  • Decrease TextDecrease Text
  • GrayscaleGrayscale
  • High ContrastHigh Contrast
  • Negative ContrastNegative Contrast
  • Light BackgroundLight Background
  • Links UnderlineLinks Underline
  • Readable FontReadable Font
  • Reset Reset