GS Dec 2024 470.000 call
| Previous Close | 59.25 |
| Open | 57.30 |
| Bid | 66.65 |
| Ask | 70.90 |
| Strike | 470.00 |
| Expire Date | 2024-12-20 |
| Day's Range | 57.30 - 59.25 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 192 |
- Yahoo Finance Video
Bank earnings, Nvidia record high, oil prices sink: 3 Things
US stock futures (ES=F, NQ=F, YM=F) are flat Tuesday morning coming off the Dow Jones Industrial Average (^DJI) and S&P 500's (^GSPC) record highs. Top earnings this morning include major banks Bank of America (BAC), Goldman Sachs (GS), and Citigroup (C), as well as health giants Johnson & Johnson (JNJ), UnitedHealth Group (UNH), and Walgreens Boots Alliance (WBA). Semiconductor titan Nvidia (NVDA) saw its stock run up to a record high in Monday's session, now dipping in pre-market on Bloomberg reports that the Biden administration could cap AI chip sales to select countries. Lastly, crude oil prices (CL=F, BZ=F) slump lower on news that Israel will not target Iran's production operations as geopolitical conflicts escalate, according to the Washington Post. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
What to expect from bank earnings: BofA, Citi, Goldman
HSBC head of US financials research Saul Martinez sits down with Julie Hyman and Josh Lipton on Market Domination to discuss what investors can expect from Big Bank earnings, with Citi (C), Bank of America(BAC), Goldman Sachs (GS), and Morgan Stanley (MS) set to report this week. “With all these banks, the question is: Do we see a trough in net interest income in the second half or in early 2025? And do we start to see growth again in net interest income next year? That's a critical question because if you do start to see net interest income growing, which is the biggest revenue component of banks, you start to get an outlook that allows banks to post positive operating leverage and improving EPS momentum and ROTC momentum,” Martinez tells Yahoo Finance. “In the case of Bank of America, especially tomorrow, that's a key driver. What they say about net interest income in the fourth quarter and into 2025, and whether they continue to see that improving in 2025 is going to be a really important determinant for how the share price reacts.” Given JPMorgan’s strong investment banking results reported last week, Martinez says he’s cautiously optimistic about Morgan Stanley and Goldman Sachs's upcoming reports. He explains, “We favor investment banks over traditional banks.” “We think the earnings revision cycle, which has been negative for a few years, is inflecting. We think [in] the wealth management business there’s some positive signs there in terms of net new fee-generating assets. But the investment banking side is a big piece of that as well. We think they are positively leveraged [for an] improving investment banking cycle. We still think we’re in the middle innings of that improvement, and that could last a couple of years.” Martinez names Goldman and Morgan Stanley as “primary beneficiaries.” Ahead of Citi’s quarterly results, Martinez says he’ll be watching for “dynamics that point to a better profitability outlook over the next couple of years,” especially given “there's a lot of stuff that is in their control expenses.” To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Naomi Buchanan.
Investor's Business DailyGoldman Sachs, Bank of America Extend Breakouts On Earnings; Citigroup Eyes Buy Point
Goldman Sachs earnings easily beat, while Bank of America and Citigroup earnings also topped. Goldman and BofA are set to extend breakouts while Citi nears a buy point.
