The Forbes list of 400 richest Americans shows that the billionaire-in-chief's fortune fell by $600 million to $3.1 billion. As a result he dropped to #248 on the list, after coming in at #156 last year.
Netflix revealed on Monday it will spend $7 billion to $8 billion next year for content versus the previous guidance of $7 billion.
Goldman Sachs Q3 2017 earnings were released before opening bell this morning. The firm reported earnings of $5.02 per share on $8.3 billion in revenue, compared to the consensus estimates of $4.17 per share in earnings on $7.5 billion in revenue.
U.S. homebuilders are feeling better about their sales prospects than they have in months, despite a recent slowdown in sales of new homes and the likelihood of higher labor and materials costs following hurricanes Harvey and Irma.
Just like the New York Yankees and the Houston Astros, this Wall Street rivalry is worth watching. Goldman Sachs Group Inc. and Morgan Stanley on Tuesday delivered third-quarter results, marking their first such overlap in more than three years.