Earnings take center stage, Citigroup to cut 20,000 jobs: Yahoo Finance Live
Friday marks the start of earnings season, with banks such as JPMorgan Chase (JPM), Wells Fargo (WFC), Bank of America (BAC), and Bank of New York Mellon (BK) all reporting. Investors also received quarterly reports from Delta Air Lines (DAL) and UnitedHealth Group (UNH). Another bank that reported is Citigroup (C). Citi is undergoing a restructuring and, as a result, will be cutting 20,000 jobs by the end of 2026. Other trending tickers on Yahoo Finance include Meta Platforms (META), American Airlines (AAL), and DocuSign (DOCU).
Top guests on Yahoo Finance Live today include:
3:05 p.m. ET - Dave Ellison, Hennessy Funds Portfolio Manager
3:25 p.m. ET - Andrzej Skiba, RBC GAM Head of U.S. Fixed Income
3:35 p.m. ET - Ray Wang, Constellation Research Principal Analyst & Founder
4:05 p.m. ET - Zachary Hill, Horizon Investments Head of Portfolio Strategy
4:35 p.m. ET - Matt Belloni, PuckNews Media Reporter