Corporate earnings are off to a hot start, with a slew of Wall Street banks beating analysts' expectations. Shares of JPMorgan and Wells Fargo and closed higher Friday after the banks surpassed quarterly estimates. Elsewhere, UnitedHealth Group , a heavyweight in the Dow Jones Industrial Average, gained 2.6% after beating analysts' estimates for earnings and revenue.
mountain Lam Research stock. Needham upgraded shares to buy from hold on Friday. "LRCX looks to be an outperformer in 2024-2025," wrote analyst Charles Shi. "We believe consensus estimates will move higher, and expect LRCX shares to outperform." -CNBC's Michael Bloom contributed reporting.
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