breaking banking news
- Banking
Nio, Other Tesla Rivals In Focus As Futures Loom
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. The stock market rally held…
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Avantor Just One Of 17 New Stocks On IBD Watchlists For Weekend Study
IBD stock screens are regularly updated to add new stocks to watch, as well as weed out those that have…
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Shopify Stock Presented On A Silver Platter Due To Stock Market Reversal
You can go quite a while where swing trading setups just don’t seem to materialize. But when they do, you…
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Survey Reveals Which Tech Companies Consumers Trust The Most; Where Do Netflix, Facebook, Google, Amazon and Apple Stand?
Trust is the foundation of strong customer and business relationships, but many technology companies have failed to protect customer data…
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Dow Jones Dips As Amazon Stock Plunges; China EV Stocks, Tesla Rally; Solar Stock Passes Buy Point
The Dow Jones Industrial Average fell back from record levels as stocks pulled back following a weak earnings report from…
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Clear Secure Cl A Trying To Close In On Key Technical Measure
The Relative Strength (RS) Rating for Clear Secure Cl A (YOU) moved up into a new percentile Friday, as it…
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What an unusual merger in New Jersey says about banking M&A
Some mutual banks are taking advantage of the surge in merger-and-acquisition activity, enabling them to build scale at the same…
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Amazon Stock Meltdown Costs Jeff Bezos (And You) $130 Billion
A 7% drop wouldn’t be all that spectacular for most S&P 500 stocks. But when it happens to a company…
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PayPal faces SEC probe of fees paid to banks behind debit cards
PayPal Holdings dropped after it said it’s facing probes from both the U.S. Securities and Exchange Commission and the Consumer…
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CRA deal between Fed, FDIC and OCC still not a slam dunk
WASHINGTON — Federal bank regulators have their best chance in years to ink common reforms of the Community Reinvestment Act…
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Advanced Micro Devices Sees RS Rating Improve To 75 Following Breakout
Advanced Micro Devices (AMD) saw a welcome improvement to its Relative Strength (RS) Rating on Friday, rising from 68 to…
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Is Comcast Stock A Buy? With Tokyo Summer Olympics Underway, NBCU Hopes For Boost
Comcast stock historically has not made big runs from breakouts. That’s not to say that CMCSA stock doesn’t have good…
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Fox Factory Springs To Action, Enters Earnings Season Watchist
Fox Factory (FOXF) is expected to report earnings on Aug. 5. Fox Factory now trading 3% below the 166.98 buy…
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Deckers Outdoor Blows Away Forecasts, Lifts Guidance
Deckers Outdoors (DECK) reported a surprise first-quarter profit late Thursday after rival Crocs (CROX) warned on the supply chain earlier…
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Medtech Leader Rises Late After Beat-And-Raise Report
Late Thursday, Edwards Lifesciences (EW) reported adjusted income of 64 cents per share on $1.38 billion in second-quarter sales. In…
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Dow Jones Gains As GDP Data Misses; Robinhood Stock Dives On Debut; Tesla Stock, Ford Surges
The Dow Jones Industrial Average hit a record high even after U.S. GDP data came in lower than expected. Small…
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Chipmaker Skyworks Solutions Narrowly Beats Quarterly Targets
Chipmaker Skyworks Solutions (SWKS) late Thursday edged Wall Street’s targets for its fiscal third quarter and guided modestly higher for…
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Twilio Stock Rises As Earnings Top Estimates Amid Buying Spree
Twilio stock edged up in extended trading as June-quarter earnings fell from a year earlier but topped views amid its…
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Find The Best Stocks To Buy With Persistence, Planning And Consistency
You love him, you missed him. Irusha Peiris, portfolio manager at O’Neil Global Advisors, analyst for William O’Neil + Co.…
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Citi sees $15 billion Asia wealth inflow as hundreds hired
Citigroup attracted close to $15 billion in net new money across its Asia Pacific wealth management business in the first…
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Mastercard fleshes out its crypto strategy
Mastercard has long signaled an interest in digital currencies, a strategy that is taking shape through a new program to…
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Fees paid to Fannie and Freddie could help fund infrastructure plan
WASHINGTON — The Senate’s nearly $1 trillion bipartisan infrastructure proposal would be partially funded with an extension of the hike…
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Rethinking the power of market influencers
When markets move suddenly, we look for a causal explanation. Many times this is a silly and vexing exercise. Why…
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Is UNH Stock A Buy Right Now? Here’s What Earnings, Charts Show
Heading into the end of July, UnitedHealth Group (UNH) was not one the year’s top five stocks on the Dow…
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LendingClub, fueled by surge in loans, posts surprise profit
A bigger-than-expected jump in loan originations helped LendingClub turn a profit in its first full quarter after acquiring a bank,…
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State Street to offer crypto services to private-fund clients
State Street is set to offer cryptocurrency reporting, reconciliation and processing services to its private-fund clients in the latest sign…
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ServiceNow Stock Rises As Quarterly Earnings, Outlook Beat Estimates
ServiceNow stock rose Thursday after the enterprise software maker reported second-quarter earnings and revenue that topped Wall Street estimates as…
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Zelle becoming linchpin in faster payments as its traffic grows
Early Warning’s Zelle network on Thursday reported strong-second quarter growth, and it’s connecting more payments systems with each other —…
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Dow Jones Rallies As U.S. GDP Disappoints; Tesla Races Higher, Robinhood IPO Set To Jump In Debut
The Dow Jones Industrial Average briefly rallied 220 points Thursday, as U.S. GDP in the second quarter missed estimates. Tesla…
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Nikola Stock Dives As Founder Trevor Milton Charged With Fraud
U.S. prosecutors charged Nikola (NKLA) founder Trevor Milton with misleading investors, almost a year after a scathing short-seller report accused…
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Annovis Bio Stock Crashes After Much-Hyped Alzheimer’s Drug Flops In Midstage Test
Annovis Bio‘s (ANVS) much-hyped Alzheimer’s treatment failed to significantly outperform a placebo in a midstage test, leading ANVS stock to…
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Banking bills doomed in Congress still credited with fostering change
WASHINGTON — In an extremely polarized Congress, the odds of Democratic leaders advancing progressive reforms to shake up financial services…
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Stock Of The Day Nears Buy Point On Booming Prices
Lennar Lennar LEN $1.49 1.46% 48% IBD Stock Analysis Working on 110.71 buy point Strong EPS, revenue growth amid high…
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Stock Market Closes Mixed After Fed Meeting; Nasdaq Climbs Thanks To This Sector
The stock market closed mixed after the Federal Reserve suggested it’s thinking more about cutting back its asset purchases. Semiconductors…
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Old Dominion Stock Shows Improved Strength As Economy Opens, More Goods Shipped
On Wednesday, the Relative Strength (RS) Rating for Old Dominion Freight Line (ODFL), one of the biggest trucking firms, rose…
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States object to BlockFi’s interest-bearing account
The fintech BlockFi has been told by four states to stop offering a product that looks like a high-yield savings…
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Citizens building critical mass in New York with Investors deal
Citizens Financial Group’s first bank acquisition since going public — a deal for a lender with a large footprint in…
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Ford Stock Falls Ahead Of Earnings As Industry Struggles To Shake Chip Woes
Ford Motor (F) will report second-quarter earnings after the close as the global chip shortage continues to dog the industry.…
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The point of sale isn’t just changing — it could disappear
The seismic shift in consumer payment habits that began last year is far from over. Even now, fears about spreading…
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Generating Extra Yield From Microsoft Stock With Covered Calls
In an era of ultralow interest rates, the search for yield has become even more crucial. X The current yield…
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Generac Earnings Jump Amid Strong Demand For Backup Power
Power-backup systems maker Generac (GNRC) reported stronger-than-expected second-quarter earnings early Wednesday, as demand picks up amid wildfires, hurricanes and other…
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Covid Vaccine Maker Beats Views, Sharply Raises Sales Guidance
Pfizer (PFE) now expects its Covid vaccine to generate $33.5 billion in full-year sales, the company said Wednesday following a…
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Citizens Financial buying Investors Bancorp for $3.5 billion
Citizens Financial Group in Providence, R.I., is buying Investors Bancorp in Short Hills, N.J., in a $3.5 billion deal that…
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Blowout Profits At 8 Companies Turn Into Quick Stock Gains
What’s in it for you when an S&P 500 company tops profit forecasts? Investors in the right places are finding…
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Tilray Earnings Mixed In First Results Since Aphria Merger
Canadian cannabis producer Tilray (TLRY) on Wednesday reported better-than-expected fiscal fourth-quarter earnings but sales just missed. Tilray stock rose, while…
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Google Stock Climbs As Internet Search, YouTube, Cloud Computing Drive Earnings Beat
Google stock climbed late Tuesday after parent Alphabet (GOOGL) reported June-quarter earnings and revenue that handily beat analyst estimates. YouTube…
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Chipmaker AMD Clears Wall Street’s Second-Quarter Hurdles
Chipmaker Advanced Micro Devices (AMD) late Tuesday topped analyst expectations for the second quarter and guided higher for the current…
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Growth Stocks, Small Caps Roiled; 3 IBD 50 Stocks Down More Than 10%
Growth stocks and small caps took steep losses Tuesday afternoon, as the stock market looked apprehensive ahead of major earnings…
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Why Health Care, Not FAANG Stocks, Ones To Watch In CAN SLIM Portfolio
One characteristic that stands out about the CAN SLIM Select list of the IBD Stock Screener is that it has…
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Why the U.S. and Europe trail China in central bank currency race
Proponents of central bank digital currencies are under pressure to demonstrate the economic benefits of their projects before they can…
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