banking news today
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Stock Market Reverses Higher; This Industry Is Hit With Bad News
The stock market reversed higher in afternoon trading Tuesday as the three major indexes sought support at a key chart…
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Datadog Stock Sees IBD Relative Strength Rating Improve To 77
The Relative Strength (RS) Rating for Datadog Inc Cl A (DDOG) jumped into a higher percentile Tuesday, as it got…
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IBD Live QA Summary, Stock Lists For Tuesday, Aug. 3, 2021
Question Answer(s) Ticker of the day HERO That’s it! Don’t need to be a hero to be a good investor,…
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Match Stock Falls As Earnings Miss Amid Acquisition, Higher Investments
Match Group (MTCH) late Tuesday reported second-quarter revenue that topped estimates while earnings were light amid higher investments and an…
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CarMax Gets A RS Rating Bump
In a welcome move, CarMax (KMX) saw its Relative Strength Rating improve from 70 to 73 on Tuesday. History reveals…
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Dow Jones Leads Market While Tech Stocks Lag; Reopening Stocks Fall On Delta Variant
The Dow Jones Industrial Average led the upside in today’s stock market and recovered its losses from Monday. Meanwhile, tech…
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4 Auto Retail Stocks Run Strong On IBD’s Weekly Review Screen
Automobile retail stocks stand out in IBD’s Weekly Review screen, a list of industry group leaders with Earnings Per Share…
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Translate Bio Stock Rockets As Sanofi Jumps Into mRNA Technology With $3.2 Billion Takeover
French pharmaceutical giant Sanofi (SNY) is jumping into the same technology used to develop Covid-19 vaccines with the $3.2 billion…
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JPMorgan faces regulatory requests over message preservation
JPMorgan Chase, which rattled employees earlier this year by ordering them to save work-related messages on their personal phones, said…
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Alibaba Earnings Top, But E-Commerce Giant’s Sales Miss
China e-commerce giant Alibaba (BABA) reported mixed results for its June quarter early Tuesday. Alibaba stock fell slightly. X The…
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Dow Jones Today, Futures Rise As Yields, Oil Steady; Square, DXC Technology in Buy Ranges; Translate Bio Spikes On Buyout
Stock futures moved higher Tuesday as bond yields and oil prices regained some ground, while earnings news stirred some busy…
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IBD Rating Upgrades: ZaiLabLimited Shows Improved Relative Price Strength
ZaiLabLimited (ZLAB) had its Relative Strength (RS) Rating upgraded from 62 to 75 Monday — a welcome improvement, but still…
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Stocks Generating Improved Relative Strength: Doximity
On Monday, Doximity (DOCS) received a positive adjustment to its Relative Strength (RS) Rating, from 65 to 74. When looking…
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Stocks Generating Improved Relative Strength: Cohu
On Monday, Cohu (COHU) got an upgrade to its Relative Strength (RS) Rating, from 67 to 71. X When looking…
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Stocks Generating Improved Relative Strength: Evertec
The Relative Strength (RS) Rating for Evertec (EVTC) climbed into a higher percentile Monday, as it got a lift from…
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IBD Rating Upgrades: Under Armour Shows Improved Technical Strength
Under Armour (UA) saw a welcome improvement to its Relative Strength (RS) Rating on Monday, with an upgrade from 69…
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Dow Jones Pares Earlier Gain As Nasdaq Leads Upside; Square Stock Rises On Earnings, Acquisition News
The Dow Jones Industrial Average pared earlier gains in today’s stock market. The blue chip index reversed to a small…
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Top Shale Oil Stocks To Report As Another Blockbuster Permian Deal Looms
Pioneer Natural Resources (PXD), Diamondback Energy (FANG) and Continental Resources (CLR) will report second-quarter earnings late Monday to begin a busy…
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Bitcoin Stocks Mixed As Cryptocurrency Tax Proposal Tweaked In Infrastructure Bill
The newest version of the massive bipartisan U.S. infrastructure bill that seeks funding through taxes on cryptocurrency transactions tweaks the…
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Stock Market Higher As Small Caps Rally; Dow Component Tops Buy Point
The stock market started August trading with gains as investors greeted progress on a major infrastructure spending bill. X Small…
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Square buying Afterpay, one of the biggest names in buy now/pay later
Square has agreed to acquire Australian installment lender Afterpay for $29 billion, a deal that would make the payments giant…
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Market Rally Shows Quiet Strength; Amazon Lessons For 3 Key Stocks
Dow Jones futures will open Sunday, along with S&P 500 futures and Nasdaq futures. The stock market rally was deceptively…
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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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Citigroup CFO sees no impact from China’s regulatory crackdown
Citigroup’s chief financial officer said China’s recent moves to crack down on companies isn’t likely to harm the bank’s business…
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Burlington, IBD Stock Of The Day, Tests Buy Point As Retailer Makes Big Gamble
Burlington Stores Burlington Stores BURL $5.88 1.78% 8% IBD Stock Analysis Burlington stock briefly topped a 336.53 buy point. The…
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China Stocks To Report After Meltdown; Payroll Data Due: Investing Action Plan
Here’s your Investing Action Plan: what you need to know as an investor for the coming week. China stocks will…
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Market Rally Pauses On Earnings, But Several Stocks Flash Buys
The stock market rally traded around record highs, amid earnings from Apple (AAPL), Microsoft (MSFT), Google parent Alphabet (GOOGL), Facebook…
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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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Dow Jones Drops As Caterpillar Weighs; Amazon Dives Below Key Support
Stocks were lower midday Friday, with the Dow Jones Industrial Average down about 120 points. But it was the mildest…
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Summer Of Move: More Americans Now Migrating Than Any Time In Years
The new Great Migration of Americans is happening. More people are moving during Covid, fleeing cities for suburbs, rural towns…
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Three reforms CDFIs need to help build stronger communities
No one can reasonably deny that when the overall economy gets a cold, low- and moderate-income individuals and neighborhoods get…
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Hot Stocks Break Out To Lead This Top Steel-Sector Play Near Buy Point
Hot stocks in the steel industry are breaking out amid strong demand and bullish growth prospects as the world recovers…
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AbbVie Edges Past Views With Stock Right At Buy Point
AbbVie stock fell a fraction early Friday after the pharma company reported adjusted earnings of $3.11 per share on $13.96…
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Lead With Authenticity By Staying True To Your Principles
Be true to yourself when it’s time to lead. When you lead with authenticity, stick to your values and communicate…
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Pinterest User Growth Misses Estimates, And The Stock Plummets
Pinterest (PINS) reported second-quarter results late Thursday that soundly beat estimates but fell short on user growth expectations. Pinterest stock…
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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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T-Mobile Stock Falls As Earnings Top Views But AT&T Beats In Subscriber Adds
T-Mobile US (TMUS) reported June-quarter earnings and revenue that topped analyst estimates, but the wireless service provider added fewer postpaid…
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IBD 50 Stocks To Watch: Social Media Play Eyes New Buy Point Ahead Of Earnings
Pinterest (PINS) is the IBD 50 Stocks To Watch pick as it eyes a new buy point ahead of earnings.…
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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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Large credit unions join forces as competitive pressures mount
Two upstate New York credit unions plan to merge and, in the process, form a top-30 institution by asset size.…
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Diane Reyes, HSBC’s highest-ranking woman in U.S., retiring this year
Diane Reyes, HSBC’s highest-ranking senior woman executive based in the United States, will retire from her post at the London-based…
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Stock Of The Day Breaks Out As Rivals Run On Hot Earnings
Steel Dynamics Steel Dynamics STLD $3.77 6.15% 116% IBD Stock Analysis Breaks out past 63.28 double-bottom buy point Also reclaims…
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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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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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Disney Imagineer Bob Gurr Puts Theme Park Magic Into Motion
LOS ANGELES — It took more than Tinker Bell and fairy dust to create the magic of America’s best known…
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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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Dow Jones Today Gains Ahead Of Jobs/GDP Data; Steel, Chips, Vaccine, Infrastructure Stocks Rising; Facebook, PayPal Dive On Earnings
Nasdaq futures slipped, Dow and S&P 500 futures moved higher Thursday as markets waited on weekly jobless claims and Q2…
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Dow Jones Falls As Schumer Makes Infrastructure Call; Fed Holds Rates Steady; Apple Stock Falls
The Dow Jones Industrial Average dipped as Senate Majority Leader Chuck Schumer made a call on the long awaited infrastructure…
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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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SBA gives banks a break on PPP loan forgiveness
The Small Business Administration will allow borrowers with Paycheck Protection Program loans of $150,000 or less to apply online for…
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