american banking news
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Leading Stocks: Screen Of The Day Finds Strength Amid Market Weakness
In today’s IBD Screen of the Day, we are looking for stocks that are showing strength amid market weakness. By…
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Homebuilding Stocks Actionable Now: Two Leaders In Buy Zones, While This Housing-Related REIT Trades Above Buy Point
Widespread demand for housing as well as historically low mortgage rates have boosted homebuilding stocks. While much of the market…
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Stock Market Climbs Although EV, Crypto Stocks Tumble; This Stock Soars 64%
The stock market was higher Monday morning as fears over the latest Covid-19 variant eased, while cryptocurrency assets continued to…
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Nucor Stock Joins Elite List Of Stocks With 95-Plus Composite Rating
Nucor (NUE) saw its IBD SmartSelect Composite Rating jump to 96 Monday, up from 94 the day before. X The…
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Alibaba Appoints New CFO, Announces E-Commerce Restructuring
China-based Alibaba Group (BABA) has appointed a new chief financial officer and announced plans on Monday to restructure its massive…
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Lucid Motors Dives, Tesla Stock Dips Amid SEC Probes
Lucid Motors and Tesla stock tumbled early Monday following reports saying that the luxury electric vehicle makers were being investigated…
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These 5 Homebuilders In Buy Ranges: Investing Action Plan
Here’s your Investing Action Plan: what you need to know as an investor for the coming week. The stock market…
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Finastra offloads Fusion Summit business in China, Macau and Hong Kong
CloudWing Network Technologies, a subsidiary of Hundsun Technologies, has acquired the rights to Finastra’s Fusion Summit product and book of…
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Finance reporting start-up Abacum gains $25m Series A funding – FinTech Futures
After just a year of operations, San Francisco-based Abacum has announced the closure of a $25 million Series A round…
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China Nears a Reckoning as Property Firms Face Tough Deadlines
China’s debt-loaded property market is headed for a reckoning, as China Evergrande Group and another troubled housing developer face deadlines…
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Microsoft met with criticism over BNPL plans for Edge – FinTech Futures
Microsoft’s plans to grab a piece of the buy now, pay later (BNPL) segment have been met with growing criticism.…
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Swift changes for guarantees – are banks ready to deliver a digital trade service?
The pandemic put a break on the new Swift releases that were originally pencilled in for 2020. Swift’s new CAT7…
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14 Top Stocks Are Now Totally On Sale, Including Tesla
There’s nothing like a good freak-out moment in the S&P 500 to give investors another shot at owning leading stocks.…
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Stage A Lively Webinar That Wows The Crowd
Webinars were already proliferating before the pandemic. Today’s remote workforce relies on them more than ever. X Despite their growing…
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Paycom Software Stock Gets Technical Rating Upgrade
Paycom Software (PAYC) saw a welcome improvement to its Relative Strength (RS) Rating on Friday, rising from 69 to 74.…
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Nasdaq Dives As Tech Stocks Sell Off, Jobs Data Disappoints
Stocks turned sharply lower Friday after a disappointing jobs report, as Microsoft (MSFT) weighed on the Dow Jones Industrial Average…
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Dow Jones Falls Modestly Amid More Tech Carnage; Nasdaq 100 Probes Key Support Level
Stocks were sharply lower again in afternoon trading Friday, after the World Health Organization said the omicron Covid variant is…
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ClearBridge Fund Outperforms Without Any Megacap Tech Stars
The $197.4 million ClearBridge Mid Cap Growth Fund (LBGIX) is one of those thoroughbreds whose outperformance makes it one of…
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Dow Jones Falls As Nasdaq Dives; Elon Musk Does This, Tesla Plunges; DocuSign Stock Collapses
The Dow Jones Industrial Average slipped lower, but the Nasdaq was the major index that plunged hardest. Tesla (TSLA) took…
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Gathering Strength In Apple Stock Helped Mask Index Weakness
When the Nasdaq composite and S&P 500 were at all-time highs on Nov. 22, it was surprising how much weakness…
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Dow Jones Down More Than 340 Points As Omicron Spreads; 10-Year Treasury Yields Drop; Chip Stocks Remain Bright Spot
The Dow Jones Industrial Average declined over 340 points in today’s stock market while the S&P 500 and Nasdaq also…
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Top Advisor Picks Three Best ETFs For An Uncertain Economic Environment
Bringing institutional-level investment management to retail investors is what propelled Kevin Harper to start Almanack Investment Partners eight years ago.…
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ODFL Stock Nearing Buy Point Amid Soaring Shipping Demand
Old Dominion Fght Line Old Dominion Fght Line ODFL $1.04 0.29% 33% IBD Stock Analysis Shares broke out of flat…
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The ‘Highly Mutated Virus’ Signals A Need For Annual Shots: BioNTech
Vaccine stocks diverged Friday after BioNTech‘s (BNTX) chief executive said the emergence of the highly mutated omicron variant signals the…
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An Advisor’s Love Of Golf Leads To Fundraising For A Worthy Cause
Brian Eder and a few golf-loving friends found a creative way to take advantage of the longest day of the…
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Marvell Stock Soars As Quarterly Results Show Strength Across The Board
Marvell Technology (MRVL) stock soared Friday in reaction to a quarterly earnings report that came in above expectations, as did…
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ICYMI funding round-up: Bunq, Qapita, GajiGesa, Anchor, & more
At FinTech Futures, we know that it can be easy to let funding announcements slip you by in this fast-paced…
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Top Funds Bet Billions On Nvidia, 5 Other Tech Stocks
Welcome to the billion-dollar club. The latest list of new buys by the best mutual funds shows that Apple (AAPL),…
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Jobless Rate Dives Even As Hiring Slows; Futures Rise
The U.S. economy added back just 210,000 jobs in November as the unemployment rate slid to 4.2%, the Labor Department…
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Futures Rise Ahead Of Jobs Report; Musk Sells More Tesla Stock
Dow Jones futures gained 50 points Friday morning ahead of the key November jobs report. Tesla stock was in focus…
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Shinhan Bank readies stablecoin remittance PoC on Hedera network – FinTech Futures
South Korea’s Shinhan Bank is preparing to conduct a stablecoin international remittance proof of concept (PoC) on the Hedera network,…
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Marketing Money Podcast: Journeying Through the Customer Journey | ABA Banking Journal
By John Oxford The customer journey. Has there ever been a phrase with more emphasis in the bank-marketing world? Bank…
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Sharing Hard-Won Money Lessons to Build Generational Wealth
Julien and Kiersten Saunders, creators of the blog Rich & Regular, go so far as to call “retirement” the “R…
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Australia’s Mr Yum secures $64m Series A funding – FinTech Futures
Mobile ordering and payments start-up Mr Yum has completed a $64 million (AUD 89 million) Series A funding round. The…
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Texas Instruments Shows Rising Relative Strength; Still Shy Of Key Benchmark
The Relative Strength (RS) Rating for Texas Instruments (TXN) moved into a new percentile Thursday, as it got a lift…
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Stocks To Watch With Earnings Due: Adobe
IBD 50 member Adobe (ADBE) is expected to report earnings on Dec. 16. Adobe now trading right around the 673.98…
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Toll Brothers Near Later-Stage Buy Point Ahead Of Earnings Report
Toll Brothers (TOL) is forming a base with a 68.98 buy point as it gets set to report its next…
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This Top CEO Shows You How A Miserable Job Can Pay Off
Who takes the reins at a company losing $6 million in a year on $1 million in revenue? Archie Black,…
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Dow Leads Rebound As Boeing Soars; Nasdaq Lags As Apple Falls
Stocks rebounded Thursday from the prior session’s sell-off, as the Dow Jones Industrial Average led with a 600-point gain to…
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NVR Stock Key Rating Jumps Again As Its Share Price Hits All-Time High; Can It Continue Climbing In Volatile Market?
Homebuilder NVR‘s (NVR) stock rose to its highest point ever Wednesday, quite an accomplishment in the current volatile market. As…
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Friday’s Jobs Report: 4 Keys To Stock Market Reaction
Forecasts for Friday’s jobs report suggest that the U.S. economy added 543,000 jobs and the unemployment rate eased to 4.5%…
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The rise of carbon-centric super apps – FinTech Futures
This week, I have decided to do a bit of future-gazing to bring to life some of the technology implications…
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Yum Stock Shows Rising Strength; Shares Recently Hit All-Time High
Like other market leaders Yum Brands stock recently hit an all-time high amid the market rally, then consolidated amid more…
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Welltower Stock Shows Improved Price Strength, Earns IBD Rating Upgrade
In a welcome move, Welltower (WELL) saw its Relative Strength Rating rise from 68 to 71 on Thursday. X When…
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Futures Mixed After Market Sell-Off; Apple Tumbles On Weak iPhone Demand
Dow Jones futures grabbed back more than 250 points Thursday, after the stock market sell-off worsened Wednesday. Apple stock slid…
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Four Best Practices for Advancing Bank Cybersecurity Programs for the Cloud Age | ABA Banking Journal
By Kory Daniels Cyber defense programs have a difficult mission of evolving against threats that are constantly trying to find…
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Money management app Plum raises $24m from investors and crowdfunding – FinTech Futures
Money management app Plum has raised $24 million in a Series A funding round. $16 million came from investors with…
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New neobank Migom provides unbanked entrepreneurs essential banking services
A new neobank that combines digital banking necessities with crypto asset capabilities has emerged in the Caribbean. Migom provides banking…
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Stock Upgrades: Qiagen Shows Rising Relative Strength
In a welcome move, Qiagen (QGEN) saw its Relative Strength Rating improve from 68 to 73 on Wednesday. X When…
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EPC Stock Clears 80-Plus RS Rating Benchmark
On Wednesday, Edgewell Personal Care (EPC) received an upgrade to its Relative Strength Rating, from 75 to 81. Is EPC…
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