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Goldman's top trades for this upcoming earnings season

CNBC: Investing

Financial services provider State Street Corp., which has also outperformed the market in the past three months by climbing about 38%, may continue to rally. " Permian Resources is scheduled to release earnings August 6, Goldman said.

Trading 118
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Wall Street strategist Tom Lee is aiming to create the MicroStrategy of Ethereum

CNBC: Investing

"The financial services industry and crypto are converging and it really started with stablecoins, which is the ChatGPT of crypto because it's viral adoption by consumers, business banks and now even Visa," he told CNBC's "Squawk Box" Monday.

Stock 144
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Best stocks: The 10 most exciting names of the summer and one more on the verge of a breakout

CNBC: Investing

This is what you want to see in a bull market, of course, because it indicates a bull that's being driven by multiple forces and not a singular theme, like rates falling or AI spending. That's two from financial services, one from information technology, one utility, and one from communications services.

Stock 77
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Wells Fargo reboot should put smaller US banks on guard

Financial Times - Banking

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Why Large Wealth Management Firms Can’t Be Ruled Out in the Digital Space

Accenture Capital Markets

i] Despite the focus of recent media attention on fintech firms, I predict 2018 will see a resurgence for wealth management incumbents who are now making headway on their own digital wealth platforms. Fintechs, digital from day one, are agile enough to not only innovate, but innovate with speed. And with 291.3

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The prime brokerage pie is growing, which means bigger slices for everyone

The TRADE

On the topic, Rieb-Smith adds: “We’re in an environment where you’ve seen the macro community morph into multi-strats (because they’ve gone into equity strategies whether that be volume, capital markets and ultimately quant). Then you’ve got the quants who have started to look at fixed income products.

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Eyes on a new prize: How outsourced trading has taken off and why the attention is now turning to larger managers

The TRADE

The pandemic marked a seminal moment across the capital markets, effectively drawing a line between the old world and the new. The rebuttal from Aaron Hantman, CEO of Tourmaline at the time called the article “a misrepresentation of what outsourced trading does, and what its benefits are, particularly for the buy-side”.

Trading 64