Stocks were down 20% last year on fears of an imminent downturn in earnings for 2023. But it’s a very different January: the S & P 500 is up 4%. Consider: 1) half of the S & P 500 stocks are above their 200-day moving…

A screen displays the trading information for Morgan Stanley on the floor of the New York Stock Exchange (NYSE), January 19, 2022.Brendan McDermid | ReutersMorgan Stanley reported fourth-quarter earnings on Tuesday that exceeded Wall Street expectations, boosted by the bank’s record wealth management revenue and…

Social Democrat (SPD) interior minister of the state of Lower Saxony Boris Pistorius is to serve as Germany’s next defence minister, two sources told Reuters on Tuesday.Florian Gaertner / Contributor / Getty ImagesGerman Chancellor Olaf Scholz will appoint Boris Pistorius, the long-serving interior minister of…

[The stream is slated to start at 2:30 a.m. ET. Please refresh the page if you do not see a player above at that time.]Moderated by CNBC’s Steve Sedgwick, top business leaders discuss at Davos, Switzerland, how financial actors respond to ongoing disruptions while keeping…

Goldman Sachs on Tuesday posted its largest earnings miss in a decade as revenue fell and expenses and loan loss provisions came in higher than expected.Here’s what the investment bank reported:Earnings: $3.32 per share vs. $5.48 estimate of analysts surveyed by RefinitivRevenue: $10.59 billion vs.…

Los Angeles, CaliforniaJan. 11, 2023Flights prepare to take off at LAX on Jan. 11, 2023 after an FAA computer problem. Carolyn Cole | Los Angeles Times | Getty ImagesCheck out the companies making headlines in midday trading.Cognizant — Shares of Cognizant rose 8% after the IT…