Sector: Financials

US stock markets made an all-time high earlier this week. BlackRock CEO Larry Fink expects the markets to move even higher.

American Express (AXP) reported its second-quarter earnings results on Friday before the market opened. Its EPS beat analysts’ consensus estimate.

Morgan Stanley (MS) reported its second-quarter earnings on Thursday. The bank beat analysts’ consensus EPS estimates for the quarter.

Despite the markets hitting record highs, not many fund managers are in an optimistic mood.

While Facebook set the middle of 2020 as the Libra Cryptocurrency's launch date, many people think that the deadline might be too aggressive.

On Wednesday, Bank of America (BAC) reported mixed second-quarter results. The bank’s profitability beat analysts' expectation.

Wells Fargo (WFC) posted better-than-expected second-quarter results on Tuesday. The bank’s revenues and EPS beat analysts' expectations.

Yesterday, PayPal (PYPL) announced that it would expand Xoom, which is its international money transfer service, to 32 markets in Europe.

Goldman Sachs (GS) posted better-than-expected second-quarter results on Tuesday. The bank’s revenue and EPS topped Wall Street’s estimates.