TSLA
Tesla
-- 421.060 PLTR
Palantir
-- 80.550 NVDA
NVIDIA
-- 134.700 OXY
Occidental Petroleum
-- 47.130 AMD
Advanced Micro Devices
-- 119.210 
Is there any problem in the financial market?
- $Wells Fargo & Co (WFC.US)$ reported Q1 revenue of $17.592 billion, while net profit fell 21% year-on-year to $3.671 billion.
$Morgan Stanley (MS.US)$ reported Q1 revenue of $14.8 billion and net profit of $3.666 billion, down 11.02 percent year-on-year.
Meanwhile, this year:
Goldman Sachs shares fell 23.93% from $422 to $321;
Citibank shares fell from $49 to $37, a drop of 24.48%;
Wells Fargo shares fell 23.33% from $60 to $46.
Morgan Stanley shares fell 22.93% from $109 to $84.
Citibank shares fell from $49 to $37, a drop of 24.48%;
Wells Fargo shares fell 23.33% from $60 to $46.
Morgan Stanley shares fell 22.93% from $109 to $84.
It can be seen from these data that the sharp decline in the profits of financial institutions is not accidental and must indicate some unusual economic logic. Profits are down, stock prices are down, and the stock market is underperforming, it's easy to understand. $S&P 500 Index (.SPX.US)$ $Nasdaq Composite Index (.IXIC.US)$ $Dow Jones Industrial Average (.DJI.US)$
What do you think about this issue?
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