Shares of Raymond James Financial rise 2.6% Thursday morning after they report quarterly earnings Wednesday, aligning with Wall Street's estimates.
Computer-driven macro hedge fund strategies on Wed sold $20 billion in equities and are set to shed at least more $25 billion over the next week.
Google parent Alphabet kicked off Big Tech’s earnings season, giving Wall Street its first look at digital ad and cloud spending in the quarter.
For years, investors' uninvested cash has been a lucrative revenue source for the wealth management industry. Now, that’s beginning to change.