what’s going on with the banks today
- Banking
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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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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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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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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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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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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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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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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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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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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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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Bristol Myers Earnings Top Views; BMY Stock Just Below Buy Point
Early Wednesday, Bristol Myers Squibb (BMY) reported adjusted income of $1.93 per share on $11.7 billion in second-quarter sales. In…
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Doximity Shows Rising Price Performance With Jump To 85 RS Rating
The Relative Strength (RS) Rating for Doximity (DOCS) climbed into a new percentile Tuesday, with an increase from 74 to…
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Medtech Giant Stryker Follows Breakout With Second-Quarter Beat, Raise
Stryker stock remained flat late Tuesday after the medical giant beat Wall Street’s second-quarter views and called for a return…
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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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Teladoc Crashes On Growing Losses — And Expects Deficits To Continue
Teladoc Health (TDOC) posted wider-than-expected losses Tuesday — a trend expected to continue this year — leading TDOC stock to…
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Visa seeks an edge in open banking, cross-border payments
Visa committed to spending more than $3 billion in just a few weeks to acquire account aggregator Tink and fintech…
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Futures Fall On Huge Earnings Night
Dow Jones futures fell modestly Tuesday night, along with S&P 500 futures and Nasdaq futures. Apple stock, Microsoft (MSFT) and…
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Apple Crushes Wall Street’s Targets With June-Quarter Results
Consumer electronics giant Apple (AAPL) late Tuesday crushed Wall Street’s targets for its fiscal third quarter. Apple stock rose in…
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Tesla Leads Global EV Market, And It’s Not Even Close
Tesla (TSLA) still has a solid lead in the global EV market share, according to a Morgan Stanley report. Tesla…
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IBD Live QA Summary, Stock Lists For Tuesday, July 27, 2021
Question Answer(s) Good morning. GM Taher. Good morning to all! Hi Blaine! Righteous tune Dave !! Chris and Justin have…
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Lenders cultivate new niches to counter tepid loan growth
Emerging from the pandemic, many consumers and businesses are flush with cash and do not yet need loans. The result:…
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Zebra Technologies Stock At Upper End Of Buy Range With Earnings Due
Zebra Technologies Corp (ZBRA) is in a potential buying area with earnings on tap for Aug. 3. It’s trading about…
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Brown wants CFPB to investigate reports of Chime account closures
Senate Banking Committee Chairman Sherrod Brown, D-Ohio, urged the Consumer Financial Protection Bureau to address the risks posed by Chime,…
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IBD 50 Stocks To Watch: Contract Manufacturing Leader Jabil Offers New Buy Point
Tuesday’s IBD 50 Stocks To Watch pick, Jabil (JBL), is forming a new flat base, offering a new buy point…
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