Welcome to Finance Insider, Business Insider's summary of the top stories of the past 24 hours.First quarter earnings season kicked off on Wall Street on Thursday, with JPMorgan, Citigroup and Wells Fargo all reporting. Here's what you need to know:JPMorgan beats, investment bank has a record quarterCitigroup beats on earnings as fixed income revenues rise to a three-year highWells Fargo beats on earnings as lending fallsBond traders are crushing itJamie Dimon says there's something shameful going on with the mortgage marketElsewhere in Wall Street news,Bridgewater founder Ray Dalio said going broke in 1982 was the "best thing that ever happened" to him.Wall Street legend Howard Marks said one phone call changed his life.Meanwhile,Lee Cooperman's Omega Advisors expects the rampant bull market to slow down."It is time for the US equity market to rest," Cooperman and Steve Einhorn, Omega's vice chairman, wrote in a letter to investors last week.Credit Suisse has its own "Fear Barometer,"and it's flashing red. And consumers have not been this bullish about the US economy since 2000.In President Trump news:Trump's Wall Street faction is starting to win him overTRUMP: The dollar is "getting too strong" partly because people have confidence in meHere's why the dollar could defy Trump and keep marching higher"NOT TOAST": Trump says Yellen may stay on as Fed chair after her term expires in 2018BUDGET CHIEF: Trump's promise to eliminate America's $20 trillion problem was "hyperbole"A new video shows the moments before police dragged a man off a United flight. The man is gearing up for a legal battle after saying he had a concussion and lost teeth.Snapchat has set its first earnings call for May, and investors only care about users, users, users. In related news, Snap slipped below $20after Instagram said its Snapchat clone has more users.Elon Musk just fired back at the investors who want Tesla to shake up its board. Analysts are speculatingabout Apple buying Disney.Netflix has a potential "billion dollar" opportunity that it's just starting to explore.The founders of Warby Parker revealed how they run a billion-dollar glasses brand with two CEOs, and why Amazon won't crush them.One company symbolizes everything sickening about the opioid crisis.Lastly, here are sevenwatches that are so classic, they'll never go out of style.Here are the top Wall Street headlines from the past 24 hours.Wall Street should bet on Trump killing Chinese deals -In his first US-China summit, President Donald Trump took a significant step toward making good on campaign promises aimed at resetting a broken relationship between the world's two largest economies.Yext stock jumps 27% after IPO-Yext, a10-year-old enterprise tech businessthat manages'digital knowledge,'started trading this morning on the New York Stock Exchange at $14 per share, up bymore than 27 percentfrom its IPO price of $11 per share.KPMG fired 6 people over "unethical" leaks of confidential information -KPMG has fired six employees including its top US auditor for "unethical behaviour" relating to leaked information which gave them advance warning of which audits an accounting watchdog would inspect.A startup just raised another $90 million to help people save money on prescriptions -Blink Health, a companythat provides discounts to prescription drugs, just raised another $90 million.The 3 ways Amazon's Alexa could snag $10 billion in revenue by 2020-Peoplelove Amazon's Echo speaker, and the digital assistant Alexa who lives inside it ' especially Amazon CEO Jeff Bezos.If you want an "extremely black" luxury car, Maserati has you covered-On Wednesday, Maserati unveiled a new option for buyers of its Ghibli sedan: the "Nerissimo Edition," which translates as "extremely back."SEE ALSO:The 27 most important finance books ever writtenJoin the conversation about this story
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