Banking
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Got Your New $1,400 Stimulus Check? 10 Ways To Invest That Money, Including A Cryptocurrency Play
Looking forward to your federal stimulus check? The latest round of $1,400 stimulus checks are being dished out. Now you’ve…
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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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New York regulator will collect, publish diversity data from banks
New York regulators are asking the financial institutions they supervise to disclose data about the diversity of their boards and…
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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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The Hunt For Top Stocks: Use The Up/Down Volume Ratio To Detect Strong Buying Demand
One of the key tenets to IBD’s investing methodology is to target top stocks showing signs of accumulation. The term…
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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, while Dow and S&P 500 futures moved higher Thursday as markets waited on weekly jobless claims and…
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There’s Only One Way Left To Make Money On Chinese Stocks
An escalating crackdown by the Chinese government leaves just one main way for investors to profit from Chinese stocks and…
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Mattress Maker’s Earnings Spike 295% As Sales Growth Booms
Mattress maker Tempur Sealy (TPX) on Thursday reported second-quarter earnings that easily beat views. TPX stock rose modestly Thursday. X…
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Merck Earnings Meet Views, Sales Top With Stock In Buy Zone
Merck stock fell a fraction early Thursday after the pharmaceutical giant reported adjusted earnings of $1.31 per share on $11.4…
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Crane Stock Clears Technical Benchmark, Hits 80-Plus RS Rating; EPS Climbed 205% Last Quarter
Crane (CR) may be one of the best companies you’ve never heard of. Not as well known in aerospace as,…
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Highly Rated ModivCare Stock Forms Later-Stage Pattern Ahead Of Earnings
With earnings on tap for Aug. 6, ModivCare Inc (MODV) is trading about 7% below a 178.70 buy point. The…
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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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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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IBD Live QA Summary, Stock Lists For Wednesday, July 28, 2021
Question Answer(s) GREAT job on the IPO Webinar yesterday Ken & Justin… Thanks, Rick! Ticker of the day RS or…
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Consumer Electronics Firm Garmin Smashes Second-Quarter Estimates
Outdoor recreation, fitness and navigation device maker Garmin (GRMN) on Wednesday smashed Wall Street’s targets for the second quarter. Garmin…
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Align Technology Notches Second-Quarter Beat As Invisalign Orders Rocket
Align Technology beat Wall Street’s second-quarter estimates on Wednesday, and ALGN stock rose marginally. X During the second quarter, Align…
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EV Charging Stocks Pop On Bipartisan Senate Infrastructure Deal
EV charging stocks ChargePoint (CHPT), Blink Charging (BLNK) and EVgo (EVGO) jumped Wednesday on reports that funds to support an…
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Lennar Shows Rising Relative Strength, Garnering An IBD Upgrade
Lennar (LEN) saw a positive improvement to its Relative Strength (RS) Rating on Wednesday, rising from 64 to 73. Homebuilder…
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Chip Gear Maker Lam Research Tops June-Quarter Targets
Semiconductor equipment vendor Lam Research (LRCX) late Wednesday topped analyst estimates for the June quarter and guided higher. But LRCX…
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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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6 Key Earnings Movers Late; Market Rally Takes Big News In Stride
Dow Jones futures were little changed late Wednesday, along with S&P 500 futures and Nasdaq futures, led by Facebook stock…
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ServiceNow Stock Wavers As Quarterly Earnings, Outlook Beat Estimates
ServiceNow stock edged up late Wednesday after the enterprise software maker late Wednesday reported second-quarter earnings and revenue that topped…
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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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Ford Beats With Surprise Profit, Lifts Outlook Despite Chip Woes
Ford Motor (F) reported a surprise second-quarter profit and raised guidance after the close Wednesday, even as the global chip…
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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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PayPal Tumbles As Revenue Growth Misses In Earnings Report
PayPal Holdings (PYPL) on Wednesday reported second-quarter earnings and total payment volume that topped analyst estimates. But PayPal stock tumbled…
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How New York Community plans to make most of Flagstar acquisition
New York Community Bancorp has already crossed off several items on its merger to-do list: It has formed an integration…
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Qualcomm Stock Jumps On June-Quarter Earnings Beat
Wireless-chip maker Qualcomm (QCOM) late Wednesday easily beat Wall Street’s targets for its fiscal third quarter. Qualcomm stock jumped in…
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Swift aims be more fintech-like with faster cross-border payments
The global bank consortium Swift this week launched a high-speed international payments service, giving banks a way to compete more…
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Boeing To Redo Starliner Launch In Vastly Different Space
Much has happened since the first launch attempt of the Boeing Starliner capsule in 2019. The Covid-19 pandemic upended life…
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Two California bank deals highlight appeal of smaller cities
Bank merger and acquisition activity continued its rebound with a pair of deals in California focused on growth in mid-sized…
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Trade Desk Stock Clears Key Benchmark, Hitting 80-Plus RS Rating
On Wednesday, Trade Desk (TTD) got a positive adjustment to its Relative Strength (RS) Rating, from 80 to 83. When…
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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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Composite Rating For Chipmaker Monolithic Power Systems Stock Rises To 96
The IBD SmartSelect Composite Rating for Monolithic Power Systems (MPWR) rose from 93 to 96 Wednesday. X The revised score…
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Is Etsy Stock A Buy Right Now? Here’s What Earnings, Charts Show
Etsy (ETSY) stock cratered after reporting first-quarter earnings that toppled estimates but provided an outlook below expectations. Is Etsy stock…
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Dow Jones Falls Ahead Of Fed As Apple Weighs, But These Tech Stocks Boost Nasdaq
Stocks were mixed ahead of the Fed’s monetary policy decision as the Dow Jones Industrial Average traded in the red,…
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CarMax Resets And Revs Up Buy Point After 1,043% Growth
After AutoNation (AN) zoomed to a new breakout on Q2 earnings, fellow auto retailer CarMax (KMX) is revving its engines…
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Stock Of The Day Nears Buy Point On Booming Prices
Lennar Lennar LEN $1.63 1.59% 57% IBD Stock Analysis Working on 110.71 buy point Strong EPS, revenue growth amid high…
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Apple’s iPhone Supercycle Is Real And It’s Spectacular
Apple‘s (AAPL) June-quarter report provided further evidence that the company is experiencing an iPhone supercycle as consumers upgrade en masse…
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The case against returning to normal
Many individuals whose financial health was impacted by the COVID-19 pandemic continue to struggle, even as the economy recovers. For…
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Will Facebook’s Earnings Report Support Its Trillion-Dollar Valuation?
With Facebook stock trading at a record high and with a valuation now above $1 trillion, the social media giant…
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Santander set to beat profitability goal on pandemic rebound
Banco Santander SA said it’s on track to beat a key profitability metric for the year with earnings from the…
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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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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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Robinhood Stock To Debut In One Of 2021’s Biggest, Most Unconventional IPOs
Robinhood stock will debut after a head-spinning year of highs and lows for the startup that disrupted how millions of…
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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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Dow Jones Falls Ahead Of Fed Policy Decision; Apple Stock Sells Off On Earnings, While Boeing Surges
The Dow Jones Industrial Average declined 95 points Wednesday ahead of the Federal Reserve’s policy decision. Apple stock sold off…
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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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Dow Jones Today, Futures Rise Ahead of Fed; Apple, Alphabet, Microsoft, Boeing, AMD, McDonald’s Earnings
Stock futures climbed into slender gains Wednesday, amid a blitz of mixed earnings news, and ahead of the Fed’s afternoon…
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Fed Meeting: Stock Market Reaction Hinges On These 4 Words
There’s one big question for today’s Federal Reserve meeting. Are we “still a ways off” from seeing sufficient economic progress…
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