Banking
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Moderna Stock Pops On Massive Sales Beat Despite Growing Losses
Moderna stock jumped in premarket action on Thursday even though the Covid-19 vaccine maker reported a bigger fourth-quarter loss than…
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Dow Jones Today, Futures Mixed Ahead Of GDP, Jobs Data; Tesla Slumps, Li Auto Rallies; Bond Yields Rise
Stock futures scratched out a mixed premarket session Thursday, as markets waited on the early release of durable goods, GDP…
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Why One Of The Greatest CEOs Ever Gave Out A ‘Snorkel Award’
John Brown grew up on a hardscrabble farm in rural Tennessee. His home lacked electricity, running water and indoor facilities.…
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Is A 10% Stock Correction (Or Worse) Near?
It’s natural to worry about a looming S&P 500 stock correction — especially after an 84% rally from the 2020…
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Wayfair Earnings Top But Sales Miss; Online Retailer Tumbles
Wayfair (W) reported mixed fourth-quarter results early Thursday. Wayfair stock fell sharply. X The e-commerce reported adjusted earnings of $1.24…
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Fed payments system goes down for hours; mortgage apps drop on rate hike
Receiving Wide Coverage … Technical fault The Federal Reserve said “an unspecified error disrupted all of its financial-services systems in…
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Best Buy Misses Holiday-Quarter Sales Target But Profit Edges Goal
Consumer electronics retailer Best Buy (BBY) on Thursday missed Wall Street’s sales target for the holiday quarter but edged profit…
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Vipshop Earnings Beat Views; VIPS Stock Rises
China e-commerce company Vipshop Holdings (VIPS) reported better-than-expected fourth-quarter results early Thursday. Vipshop stock rose. X The company reported adjusted…
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Li Auto Earnings Surprise Sends Chinese EV Stock Higher
Li Auto (LI) reported a surprise Q4 profit before the stock market open on Thursday, as the Chinese EV market…
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States failed to fulfill consumer protection promise in Trump era
In late 2017, after Mick Mulvaney was tapped to lead the Consumer Financial Protection Bureau, the Democratic attorneys general in…
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Five9’s RS Rating Rises In The Clouds
Cloud contact center software Five9 (FIVN) got an upgrade to its Relative Strength (RS) Rating, from 77 to 85, on…
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Vernon Hill named CEO of Republic First in Philadelphia
Republic First Bancorp in Philadelphia said Wednesday that industry veteran and current chairman, Vernon Hill, will become its next chief…
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Five9 Earns Membership In 95-Plus Composite Rating Club
Five9 (FIVN) saw an improvement in its IBD SmartSelect Composite Rating Wednesday, from 92 to 96. While the Relative Strength…
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Office Supplies Giant Avery Dennison’s Stock Outperforms Amid Covid Crash Recovery
Custom printing and office supplies company Avery Dennison fared well in 2020, a disastrous year for many companies. The top-ranked…
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SwingTrader FAQ: Helpful Videos & Answers To Questions About Swing Trading Strategy, Position Sizing & More
X A note on Boot Barn (BOOT) 2/24/21: Due to the amount of subscribers, and our potential to move stocks…
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Moderna Sparks On Plans To Test New Covid Vaccine Against Viral Mutant
Moderna (MRNA) said Wednesday it had manufactured a coronavirus vaccine to test against a concerning mutation out of South Africa.…
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Is Nikola A Buy Right Now? Here’s What Fund Sponsorship, NKLA Stock Chart Show
Relentless innovation in the transport space, the rise of investing with ESG principles in mind, and the allure of new…
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Nexstar Media Has Another In A String Of Blowout Quarters; Posts Record Operating Income
Top-ranked Nexstar continues to put up stunning numbers, as it posted record operating income Tuesday, lifting its stock more than…
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Here We Go Again: GameStop, 10 Most Shorted Stocks Back In Play
Thought the GameStop (GME) stock mania was game over? You need to pay attention to Reddit again. X Nearly three-quarters…
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IBD 50 Stocks To Watch: Scotts Quietly Cultivates Its Marijuana Stock Status
The IBD 50 Stocks To Watch selection for Wednesday is a bit of an odd man out in the hot-running…
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Progyny Beats As Fertility Clients Jump Amid Pandemic But Outlook Weak
Fertility-benefits manager Progyny (PGNY) topped fourth-quarter estimates but gave cautious guidance late Wednesday. PGNY stock tumbled late. X Progyny Earnings…
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Pure Storage Quarterly Results Beat As Stock Jumps
Pure Storage (PSTG) reported quarterly results late Wednesday that topped expectations, as did its outlook. Pure Storage stock jumped. X…
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Verizon Stock Dips, T-Mobile Stock Pops, As FCC Discloses Top 5G Auction Bidders
Verizon Communications (VZ) as expected emerged as the highest bidder for 5G wireless spectrum in the telecom industry’s most expensive…
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Dow Jones Futures: Dow Hits High As Tesla Rebounds, GameStop Skyrockets; Nvidia, Teladoc Leads Five Earnings Movers
Dow Jones futures rose slightly late Wednesday, along with S&P 500 futures and Nasdaq futures, after a strong stock market…
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Graphics-Chip Maker Nvidia Tops Fourth-Quarter Goals, Guides Higher
Graphics-chip maker Nvidia (NVDA) late Wednesday beat Wall Street’s targets for its fiscal fourth quarter on record gaming and data…
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Dow Jones Rises, Hits New High After Fed Chairman Powell’s Comments; This Chip Stock Breaks Out
The Dow Jones Industrial Average traded higher in today’s stock market as the blue chip index led the major indexes…
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NetApp Quarterly Results, Plus Outlook Top Estimates
NetApp (NTAP) reported quarterly results late Wednesday that beat estimates on the top and bottom lines, as did its outlook.…
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IBD Live Q&A And Two Key Stock Lists For Feb. 24, 2020
Question Answer(s) GM from Sunny Florida. Dry and 70 Nice! a mic might be live No more! Thanks John morning,…
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Tech Services Provider Globant Sees Rising Relative Strength Rating
On Wednesday, Globant (GLOB) got an upgrade to its Relative Strength (RS) Rating, from 68 to 72. The stock bounced…
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Fed restores some services after outage on ‘operational error’
The Federal Reserve began restoring some services Wednesday afternoon following widespread outages across several key payment systems operated by the…
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Screen Of The Day: These 5 Top Growth Stocks With Rising Profit Estimates Near Buy Point
Investors searching for stocks to buy or watch should check out IBD Screen Of The Day, a column that focuses…
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Banks redouble efforts to aid Black-owned businesses
Banks of all sizes are continuing to direct funds to minority-owned businesses months after the social unrest that followed last…
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Virgin Galactic’s Q4 Report Could Answer High-Stakes Question
Virgin Galactic (SPCE) is expected to report another quarter with steep losses Thursday as investors wait for fresh clues on…
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Fed’s Powell sees opportunity for joint CRA overhaul
WASHINGTON — Federal Reserve Chair Jerome Powell said bank regulators are still aiming to write a joint rule reforming the…
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Caterpillar Stock Outperforms Market, Relative Strength Rating Jumps To 81
The stock of heavy equipment maker Caterpillar (CAT) on Wednesday got an upgrade to its Relative Strength (RS) Rating, from…
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4 ways credit unions can keep branches relevant
During a stay in London as part of a speaking tour in 1897, Mark Twain became ill. When rumors of…
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Dow Rallies After Schumer Makes Stimulus Pledge; Boeing Soars, Apple Falls; Cyclicals Pass Buy
The Dow Jones Industrial Average rallied after Senate Majority Leader Chuck Schumer made a bullish prediction on the Covid-19 stimulus…
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Regions not interested in bank M&A, CEO says
Regions Financial is actively pursuing acquisitions, executives said Wednesday — just not the splashy kinds of bank deals that some…
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Ford Stock, IBD Stock Of The Day, Nears Buy Point As EV Plans Accelerate
Ford Motor Ford Motor F $0.39 3.36% 29% IBD Stock Analysis Ford stock is near a 12.14 three-weeks-tight buy point.…
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CIB Marine in Wisconsin feeling pressure from well-known investor
CIB Marine Bancshares in Brookfield Wis., is the latest target of shareholder activism. Hildene Capital Management in Stamford, Conn., said…
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Marijuana Stocks: Innovative Industrial Properties Earnings Due As U.S. Pot Legalization Gains Momentum
Innovative Industrial Properties (IIPR), a cannabis-focused real estate investment trust, reports fourth-quarter earnings after the close today, as U.S. pot…
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NCUA’s furniture fiasco highlights personality conflicts on the board
The National Credit Union Administration’s attempt to sell former Chairman Mark McWatters’s old office furniture may end up as a…
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EV Startup, Apple Partner To Launch New Electric Car, Vow Short Development Time
Los Angeles-based EV startup Fisker (FSR) and Taiwan-based electronics manufacturer Foxconn are set to collaborate on an electric vehicle project, the…
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More than half of Square’s revenue now comes from bitcoin trading
For more content like this, from the industry leader in global payments coverage, please visit PaymentsSource.com. Square, which built its…
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Dow Jones Rallies 300 Points On Powell Comments; Boeing, Disney Stocks Soar
Key market indexes reversed higher midday Wednesday, as the Dow Jones Industrial Average swung from a 100-point loss to a…
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Klarna said to raise up to $1 billion at $31 billion valuation
Klarna Bank AB is raising funds valuing the Swedish fintech startup at around $31 billion, roughly tripling the company’s valuation…
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Top-Ranked Horizon Therapeutics Hits Key RS Rating Benchmark
Horizon Therapeutics (HZNP) had its Relative Strength (RS) Rating upgraded from 79 to 82 Wednesday. The company holds the No.…
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Fintechs can help banks meet CRA obligations
America still has a very long way to go when it comes to equitable financial inclusion. Even though the emerging…
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Is SPY Stock A Buy Right Now? What To Know About World’s Top Index
If you’re looking for just one stock to buy, it’s tough to beat SPY stock, or the SPDR S&P 500…
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Goldman CEO warns remote work is aberration, not the new normal
David Solomon wants to make sure you don’t get too attached to your Rona Rigs. The Goldman Sachs Group chief…
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