banking news today
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Kobe Bryant’s Trainer Shows You How To Rev Up Your Mind
Tim Grover finds all-time winners in business and sports look at life and careers in a certain way. And he…
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This Leading Franklin Fund Focuses On Innovation, Some Pre-IPO Bets
The $5.7 billion Franklin Growth Opportunities Fund (FRAAX) ranks among the best mutual funds. The crux of its approach is…
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Turtle Beach Joins Rank Of Stocks With RS Ratings Over 90
Turtle Beach had a great year. Consumers took to playing video games during the stay-at-home phase of the Covid pandemic,…
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Poly Clears Technical Benchmark, Hitting 80-Plus RS Rating
Shares of Poly, created by the merger of Plantronics and Polycom, took a hit in mid-May on disappointing earnings results.…
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More D.C. fireworks: Lawmakers, CEOs clash on minority outreach, overdrafts
WASHINGTON — On the second day of congressional testimony by the CEOs of the six largest banks, lawmakers pulled few…
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Design Software Leader Autodesk Beats Earnings Goals, But Outlook Lags
Autodesk (ADSK), a maker of computer-aided design software and workflow tools, late Thursday reported fiscal first-quarter results that beat analyst…
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Can fintechs build on strong PPP lending to Black businesses?
Though fintech lenders joined the Paycheck Protection Program later than banks, they had an outsize impact in disbursing emergency loans…
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This Is How To Decipher Pullbacks Like A Pro And Analyze Setups Like AMAT Stock
IBD Senior Markets Writer Ken Shreve joined the Investing With IBD podcast to discuss the technical action needed to warrant…
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Dow Jones Holds Gain As Nasdaq Turns Negative After Jobless Claims Improve
The Dow Jones Industrial Average traded slightly higher in today’s market after paring earlier gains. Over the past hour, the S&P…
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United Community seeks a leg up in Charlotte with high-priced Aquesta deal
United Community Banks in Greenville, South Carolina, moved to fill a conspicuous gap in its North Carolina footprint Thursday, agreeing…
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Logitech International Joins Rank Of Stocks With 95-Plus Composite Rating
Logitech International (LOGI) saw its IBD SmartSelect Composite Rating jump to 96 Thursday, up from 94 the day before. X…
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Acorns App To Go Public As Robinhood Nears IPO
The company behind the popular Acorns app will go public by merging with blank-check company Pioneer Merger (PACX), after reports…
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Dow Jones Jumps As Republicans Unveil Infrastructure Plan; Nvidia Falls Despite ‘Fantastic’ Earnings
The Dow Jones Industrial Average briefly rallied 275 points Thursday, as Republicans and President Biden continued infrastructure spending talks and…
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Boeing Stock Up As Top 737 Customer Needs Hundreds More Planes: Report
Southwest Airlines (LUV), a top Boeing (BA) 737 customer, says it could need up to 500 new aircraft as it…
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The Surprising Move Vir Stock Made After Winning Covid Drug Authorization
GlaxoSmithKline (GSK) and Vir Biotechnology (VIR) won Food and Drug Administration authorization for a Covid treatment on Wednesday, but Vir…
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BNY Mellon targets commercial bill-pay clients for fast payments
BNY Mellon plans to use mundane but voluminous transactions like utility bills as a primary use case for real-time payments.…
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Freddie Mac hires former Wells Fargo exec Michael DeVito as new CEO
Michael DeVito, Wells Fargo’s former executive vice president of home lending, will take over as full-time CEO of Freddie Mac…
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Okta Stock Slips As Earnings Guidance Misses Amid Big Acquisition, CFO Departs
Okta stock fell after the cybersecurity firm reported first-quarter earnings and revenue that topped analyst estimates. Okta forecast a larger-than-expected…
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Bank CEOs grilled by Senate on pandemic response, ‘woke capitalism’
WASHINGTON — The CEOs of the six largest banks faced a grilling in the Senate on Wednesday, taking heat from…
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Dow Jones Pares Gain As Nasdaq Leads Market Upside; This Automaker Scores Breakout
The Dow Jones Industrial Average traded near breakeven in today’s market after paring earlier gains. Over the past hour, the Dow…
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IBD Live QA Summary, Stock Lists For Wednesday, May 26, 2021
Ticker of the day RLUV Indeed Is Radar Love an indirect reference to Tesla? Haha, Ed added it to the…
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Crypto is the future. More banks, regulators need to embrace it.
Bankers’ mystification about cryptocurrency as a financial category is … well, mystifying in light of the way banks have adapted…
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Small banks count on PPP tech advances to speed traditional lending
When HV Bancorp in Doylestown, Pennsylvania, first went live with the Paycheck Protection Program last April, “we just had bodies…
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Dow Jones Rises Despite Pressure From This Key Stock; Amazon Up On Busy News Day
The Dow Jones Industrial Average rose 70 points midday Wednesday, as the major indexes sought to recover the prior session’s…
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Top-Rated Stocks: Beazer Homes Sees Composite Rating Climb To 96
Beazer Homes (BZH) saw an improvement in its IBD SmartSelect Composite Rating Wednesday, from 94 to 96. X The upgrade…
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Stock Upgrades: D.R. Horton Shows Rising Relative Strength
D.R. Horton (DHI) had its Relative Strength (RS) Rating upgraded from 69 to 76 Wednesday — a welcome improvement, but…
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Amazon Can Cash In On MGM Acquisition By Fueling Prime Rewards Program
Amazon (AMZN) announced Wednesday it is acquiring iconic film studio Metro-Goldwyn-Mayer for $8.45 billion, a move that the e-commerce giant…
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See 16 Of The Fastest-Growing Stocks Expecting Up To 830% Q2 Growth
As investors look ahead to Q2 earnings season, here are 16 of today’s fastest-growing stocks, including Goldman Sachs (GS), InMode…
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16 New Momentum Stocks Are Taking Over The Market
Momentum is shifting fast on the S&P 500. And investors, and indexes, are struggling to keep up. X Sixteen stocks…
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Morgan Stanley prime boss cites health in leaving; Goldman wins China nod
Receiving Wide Coverage … What’s the real story? Morgan Stanley’s “global head of prime brokerage, Edward Keller, is stepping down…
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Stocks To Watch: FireEye Sees RS Rating Jump To 81
Cybercriminal gang DarkSide shut down a key East Coast pipeline for a few days earlier this month, causing panic buying…
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Craving fee income, more banks pursue nonbank acquisitions
More banks are pursuing nonbank acquisitions as they hunt for new sources of income at a time when rock-bottom interest…
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After Hours: Three Earnings Winners After Market Rally Pause
Dow Jones futures were little changed late Tuesday, along with S&P 500 futures and Nasdaq futures. The stock market rally…
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Penn National Gaming Stock Shows Improved Price Strength
In a welcome move, Penn National Gaming (PENN) saw its Relative Strength Rating improve from 68 to 73 on Tuesday.…
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Ex-TIAA CEO Roger Ferguson joins the board of fintech Klarna
Less than a month after retiring as president and CEO at TIAA, Roger Ferguson Jr. is adding a new title…
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Sprout Social Stock Clears Key Benchmark, Hitting 80-Plus RS Rating
When looking for the best stocks to buy and watch, focus on those with rising relative price strength. One stock…
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Is PLTR Stock A Buy Right Now? Here’s What Palantir Earnings, Charts Show
Recent IPO Palantir Technologies (PLTR) has turned higher after the software maker achieved its first profitable quarter. X The Denver-based…
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Goldman Sachs moves a step closer to quantum computing
Goldman Sachs has been working with technology companies to rewrite algorithms so they can run on quantum computers expected to…
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IBD Stock Of The Day: ‘Dog’Nostics’ Leader Idexx Labs Barks At Buy Point
Idexx Laboratories Inc Idexx Laboratories Inc IDXX $4.86 0.88% 53% IBD Stock Analysis Pet testing provider barks at buy point…
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IBD 50 Stocks To Watch: Clinical Research Leader Charles River Labs In Buy Range After Strong Rebound
Tuesday’s IBD 50 Stocks To Watch pick, Charles River Labs (CRL), is in a new buy area amid its ongoing…
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Dow Jones Nearly Flat As Stock Market Mulls Consumer Confidence Dip
Stocks reversed lower midday Tuesday with the Dow Jones Industrial Average erasing a 117-point gain, as consumer confidence fell more…
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Ford Faces Juggling Act With New Electric-Vehicle Plans Due Soon
Ford (F) holds an investor day Wednesday and is poised to discuss its strategy on EVs after unveiling an all-electric…
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Dow Jones Flattens As Nvidia, Tesla Turn Lower; Hot IPO Stocks Roblox, UiPath In Focus After Breakouts
The Dow Jones Industrial Average rallied 100 points before erasing gains Tuesday, as tech giants Nvidia and Tesla stock reversed…
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When To Buy Growth Stocks: Breakaway Gaps And The Art Of The Breakout
A breakaway gap is the quintessential breakout and a crucial part of stock analysis. Don’t ignore these gaps up in…
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Dow Jones Today Shoots For 4 As Futures Rise; ASML Holding, Intel Pace Chip Rally
Stock futures stacked up moderate early gains Tuesday, as the Dow Jones Industrial Average pushed for a fourth straight advance…
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Where to Find Investment Properties Under $100K
You don’t need to be a millionaire to invest in real estate. While saving for an investment property down payment can seem…
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Health Catalyst RS Rating Boosted Above Key Level
When looking for the best stocks to buy and watch, focus on those with rising relative price strength. One stock…
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HDFC Bank Stock Relative Strength Rating Climbs After A String Of Quarters With Double-Digit Profit Growth
The prognosis of many market watchers is for interest rates to slowly rise. That would benefit banks, whose earnings are…
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Exxon’s Future May Be Decided By This Investor Showdown
A board election at the Exxon Mobil’s (XOM) shareholder meeting Wednesday has turned into a referendum on the company’s future…
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Applied Materials, IBD Stock Of The Day, Surging On Chipmaker Spending Plans
Applied Materials Inc Applied Materials Inc AMAT $5.84 4.54% 6% IBD Stock Analysis Shares currently in seven-week consolidation; buy point…
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