Big bank earnings may have dominated headlines this week, but traders say recent weakness in regional bank stocks has created a great buying opportunity. Here are 4 stocks in the sector to keep an eye on now.
Read MorePlus, Apple asked suppliers to increase iPhone production by 20%, Citigroup delivered an earnings beat, and a short seller accused Oatly of misleading investors and consumers.
Read MorePlus, bank earnings kicked off this morning with JPMorgan and Goldman Sachs delivering beats, Boeing cut its delivery target for its 787 Dreamliner for this year, and Mastercard and Verizon announced a new partnership.
Read MorePlus, Wells Fargo said it is shutting down all personal lines of credit to focus more on its credit card and personal loans business, Pfizer plans to apply for emergency use authorization for a booster shot of its COVID-19 vaccine in August, and Stamps.com has agreed to be taken private by Thoma Bravo.
Read MorePlus, JPMorgan is buying OpenInvest, Walmart will start offering its own brand of analog insulin at a cheaper price for diabetes patients, and Capri Holdings raised its revenue guidance for the year on rising luxury sales.
Read MorePlus, jobless claims unexpectedly rose last week, Curevac shares are down after the company said its COVID-19 vaccine was only 47% effective in interim results for a large late-stage trial, and Microsoft CEO Nadella was elected chairman of the company’s board.
Read MorePlus, Tesla’s Musk said he’s having discussions with Bitcoin miners regarding the coin’s sustainability, Moderna said its COVID-19 vaccine was 100% effective in teens ages 12 to 17, and Square is reportedly gearing up to launch checking and savings accounts.
Read MorePlus, Walmart delivered an earnings beat, Home Depot said its sales rose 32.7% in the first quarter, and JPMorgan named Lake and Piepszack to run its consumer banking division.
Read MorePlus, Crocs delivered blockbuster earnings results, Beyond Meat will launch the latest version of its measles burger patties in grocery stores next week, and Spotify launched its podcast subscription service.
Read MorePlus, Nikola shares are up after announcing a collaboration on hydrogen fueling stations with TravelCenters of America, American Airlines and Southwest Airlines reported earnings, and Amazon could soon bring its cashierless checkout technology to its full-size grocery stores.
Read MoreOne of the things that I think has been driving the market’s big bullish trend from the initial, bear market bottom the market visited briefly in early 2020 is generally increasing savings rates during the pandemic. I think that was driven, at least in part by the fact that remote workers were limited by shelter-in-place […]
Read MorePlus, Johnson & Johnson asked rivals to participate in a trial investigating the potential risk of blood clots following COVID-19 vaccine, GM and LG Chem are investing $2.3 billion in a second EV battery factory, and Dogecoin is sparking bubble concerns.
Read MoreBanks kicked earnings season off with big headline results. After their beats, experts say these 4 stocks in the space are the best picks right now.
Read MorePlus, the Biden administration imposed new sanctions on Russia, Citigroup and Bank of America delivered earnings beats, and Walmart is investing in GM’s Cruise self-driving start-up.
Read MorePlus, Goldman Sachs and Wells Fargo also delivered earnings beats, Coinbase is set to go public at $355 per share, and Kohl’s reached an agreement with a group of activist investors to add two new independent directors to its board.
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