First-quarter earnings season kicks off with results from Citigroup, Goldman Sachs, JPMorgan Chase, Wells Fargo, Bank of America, Morgan Stanley, and UnitedHealth Group.
Investment banking revenues soared at Jefferies Financial in the fourth quarter, a positive sign for Wall Street as bigger banks prepare to report their results next week.
Wall Street expects Arm's adjusted earnings to increase at 33% annually through fiscal 2027, which ends in March 2027. That consensus makes the current valuation of 104 times adjusted earnings look ...