10 things to watch in the stock market Wednesday: The bank earnings edition – CNBC
My Top 10 Things to Watch Wednesday, January 15 1. Stock futures soar, bond yields fall after December consumer price index falls slightly inline with consensus . This came a day after a mildly large inflation report. 2. JPMorgan reported better-than-expected fourth-quarter sales of $43.74 billion versus $41.73 billion and profit of $4.81 versus $4.11 expected. Net interest income (NII) decreased 3% year-on-year, but exceeded expectations. Bond income outperformed, but stocks fell short. Stock prices rose slightly. 3. It was a great quarter. This is a guide from the club name Wells Fargo. Revenue was slightly lower, but adjusted earnings per share were higher. NII beat. Guidance for 2025 was better than expected, with the bank guiding NII to increase by 1% to 3% year-on-year versus expectations for a slight decline. The outlook for expenses other than interest expense is also showing a slight improvement trend. The stock price rose 4.5%. 4. Strong quarter of club name BlackRock. Sales increased 22.6% year over year, exceeding expectations. Adjusted earnings per share were $11.93, beating expectations of $11.19. Net inflows to the asset manager exceeded market expectations. Assets under management reach $11.6 trillion. The stock price rose more than 5%. 5. Goldman Sachs reported strong fourth-quarter sales of $13.87 billion, exceeding expectations of $12.39 billion. Earnings were $11.95, exceeding expectations of $8.22. Global banking and market revenues exceeded expectations thanks to strong FICC and equity trading. Investment banking did slightly better than expected, while advisory failed slightly. Asset and Wealth Management revenue increased 8% year over year in the fourth quarter. The stock price rose 3.7%. 6. Citigroup reported higher sales and bottom line results and announced a $20 billion stock buyback. The stock price rose 5%. 7. SLB lowered Evercore ISI's rating to Inline Hold and lowered its price target from $62 to $44 per share. Analysts cited a “double negative'' situation for domestic and foreign oil field service stocks. Devon Energy upgraded Bernstein's stock to an outperform buy, citing a positive outlook for natural gas. 8. Wolfe downgraded Lam Research due to his bearish view on NAND. 9. A 6.5% rebound on Tuesday's fourth-quarter pre-announcement prompted several analysts to defend the club's name, Eli Lilly. JP Morgan calls it a buying opportunity. We agreed and said so on Tuesday. Stocks rose slightly early Wednesday morning. 10. Morgan Stanley said the TikTok ban could result in a 1% to 9% upside to Clubname Metaplatform's 2026 revenue. “Every 10% of TikTok's US time META capture could add approximately $0.30 to $0.60 to approximately $30 in 2026 EPS, depending on monetization level.” My top on the market Sign up for free for the 10 Morning Thoughts email newsletter (See here for a complete list of Jim Cramer Charitable Trust stocks.) Jim Cramer on CNBC As a subscriber to our investment club, you can receive trade alerts. Before Jim trades. After Jim sends a trade alert, he waits 45 minutes before buying or selling stocks in his charitable trust's portfolio. If Jim talks about a stock on CNBC TV, he will issue a trade alert and then wait 72 hours before executing the trade. The above investment club information is subject to our Terms of Use and Privacy Policy, along with our disclaimer. No fiduciary duties or obligations exist or arise from your receipt of information provided in connection with the Investment Club. No specific results or benefits are guaranteed.
My Top 10 Noteworthy Wednesday, January 15th
1. Stock futures soared and bond yields fell after December's consumer price index fell slightly in line with consensus. This came a day after a mildly large inflation report.
2.JP Morgan reported a better-than-expected fourth quarter with revenue of $43.74 billion versus the expected $41.73 billion and profit of $4.81 versus the expected $4.11. Net interest income (NII) decreased 3% year-on-year, but exceeded expectations. Bond income outperformed, but stocks fell short. Stock prices rose slightly.
3. It was a great quarter and guide from club name wells fargo. Revenue was slightly lower, but adjusted earnings per share were higher. NII beat. Guidance for 2025 was better than expected, with the bank guiding NII to increase by 1% to 3% year-on-year versus expectations for a slight decline. They also agreed that the outlook for expenses other than interest expense would improve slightly. The stock price rose 4.5%.
