Check out the companies making headlines before the bell. Bank of America -- Shares moved 1% higher after third-quarter earnings and revenue topped Wall Street analysts' estimates. Earnings came in at 81 cents, beating the 77 cents expected from analysts polled by LSEG. Revenue was $25.5 billion, versus the $25.3 billion consensus estimate.
Citigroup posted earnings per share of $1.51 on $20.32 billion in revenue, while analysts surveyed by LSEG had expected earnings per share of $1.31 on revenue of $19.48 billion. PNC Financial — The Pittsburgh-based regional bank added 0.8% premarket. PNC reported earnings per share of $3.49, topping estimates of $3.30 per share, according to analysts polled by LSEG. Revenue of $5.43 billion also beat forecasts of $5.39 billion.
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Goldman Sachs upgrades China stocks, sees as much as 18% upside from hereThe Wall Street firm hiked its rating on Chinese stocks to overweight in light of Beijing’s rare stimulus blitz.
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Goldman Sachs is getting more bullish about stocks, raises S&P 500 forecast to 6,000Goldman Sachs thinks the stars are aligning for the stock market through year-end and beyond.
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Goldman Sachs says these stocks are a table-pounding buy ahead of earningsGoldman Sachs says these are the best positioned stocks ahead of earnings.
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Goldman Sachs Finds Undervalued Stocks To Outperform Despite Market SlowdownGoldman Sachs analysts have identified several stocks that they believe could outperform despite a recent slowdown in the broader market. The firm screened for buy-rated stocks where their analysts are out of consensus with the majority of Wall Street analysts who deem these names as either neutral or sell.
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Supply chain disruptions could benefit these stocks, Goldman Sachs says'Higher levels of geopolitical tensions in recent years have ... structurally increased supply chain complexity,' the bank says, naming stocks set to benefit.
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Goldman Sachs just refreshed its conviction lists of global stocks, giving 3 over 20% upsideCNBC Pro looks at three additions to Goldman's 'directors' cut' of top stocks across Asia-Pacific and Europe.
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