JPMorgan, Wells Fargo, Goldman Sachs and Citi kicked off earnings season on Wednesday with their December-quarter results.

The stock's rise snapped a three-day losing streak.

Financial stocks had among the biggest gains among the S&P 500 ‘s 11 sectors in afternoon trading Wednesday, as shares of Citigroup Inc. and Wells Fargo & Co. each jumped more than 7%, according to FactSet data,

The largest banks in the U.S. may justify further gains in stock prices if their earnings updates in the coming days include any upside surprises around loan growth or a boost from lighter regulations expected by the Trump administration.

JPMorgan's net income surged by 50% to over USD 14 billion in Q4, exceeding Wall Street forecasts. Earnings per share climbed to USD 4.81, surpassing predictions. Revenue increased to USD 43.7 billion.

JPMorgan shares jumped on the bank's final financial results of 2024, climbing 2.6% before the bell. Wells Fargo’s net income nearly doubled to $5.1 billion, surpassing Wall Street forecasts. Wells Fargo Shares rose 3.

Banks such as JPMorgan, Citi, and Goldman Sachs started the earnings season off on a positive note when all beat expectations on the top and bottom lines.

Shares of Twilio jumped, on pace for the largest percent increase since 2020 after the company slightly raised its revenue expectations for the fourth quarter and said it plans to buy back $2 billion of its own shares.

We recently published a list of 12 Most Undervalued Stocks to Invest in for Under $20. In this article, we are going to take a look at where KeyCorp (NYSE:KEY) stands against other most undervalued stocks to invest in for under $20.

Everything to Know about Macro and Markets Stocks surged, clocking in their best week since the November presidential election and moving into the

Stocks jumped, with the S&P 500 hitting an all-time high again, as technology shares like Oracle and Nvidia rallied on artificial intelligence optimism.

With the fourth quarter earnings season underway, energy (XLE), financial (XLF) and industrial (XLI) emerged as the highest-rated sectors among the 11 S&P 500 (SP500) sectors, as per Seeking Alpha's Quant model.