by Rishabh Mishra | Oct 14, 2026 | General
CNBC’s Jim Cramer dismissed claims that elevated interest rates threaten large bank earnings, noting that Wells Fargo & Co. (NYSE:WFC) expects to increase revenue under higher rate scenarios following its third-quarter financial results. Rate Scenario Advantage...
by Avi Kapoor | Oct 14, 2026 | General
U.S. stocks were mostly lower, with the Nasdaq Composite falling around 200 points on Wednesday. Shares of Bending Spoons SpA (NASDAQ:BSP) rose sharply after the company announced a new $330 million investment from Berkshire Hathaway. Bending Spoons shares jumped...
by Dylan Berman | Oct 14, 2026 | General
Netflix Inc. (NASDAQ:NFLX) is trending Wednesday after the company announced it is cutting about 1,000 jobs, roughly 6% of its workforce, less than a week before it reports third-quarter earnings on Oct. 20. Netflix stock is trading at elevated levels. What’s the...
by Tanya Rawat | Oct 14, 2026 | General
U.S. Special Envoy Steve Witkoff has lost a property tax abatement on his Manhattan apartment and will also owe New York City’s new pied-à-terre surcharge. The loss of the abatement hits Witkoff and other wealthy second-home owners as New York City Mayor Zohran...
by Vandana Singh | Oct 14, 2026 | General
Morgan Stanley (NYSE:MS) reported better-than-expected third-quarter 2026 results, driven by strong equity trading, investment banking activity, and record Wealth Management revenue.The bank reported quarterly earnings of $3.03 per share, beating the analyst consensus...
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