u.s. banking news
- Banking
Dow Jones Jumps 600 Points To Lead Market Rebound; Lucid Motors, Tech Stocks Under Pressure
Stocks bounced back Monday from a tough week, as the Dow Jones Industrial Average rallied more than 600 points 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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Dow Jones Futures Rally; Bitcoin Stumbles; Lucid Dives On SEC Probe; Tesla Nears Key Support
Dow Jones futures rallied 225 points Monday, while tech futures dropped, as the price of Bitcoin briefly dropped below $48,000.…
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Republic to buy Seedrs to create global private investment player – FinTech Futures
US-based private investment platform Republic is to acquire its UK counterpart Seedrs in a $100 million deal intended to create…
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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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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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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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ISM: Service Sector Grows in November | ABA Banking Journal
The ISM Services Index registered 69.1% in November; 2.4 percentage points higher than the October reading of 66.7%. This reading…
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CSX Stock Shows Rising Relative Strength In Volatile Market
One important metric to look for in a stock is an 80 or higher Relative Strength Rating. CSX (CSX) now…
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210,000 Jobs Added in November, Unemployment Rate at 4.2% | ABA Banking Journal
Total nonfarm payroll employment rose by 210,000 in November, according to the Bureau of Labor Statistics. Total unemployed persons fell…
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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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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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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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New neobank designed exclusively for women of colour launching in 2022 – FinTech Futures
A new challenger billing itself as “the first neobank for women of colour” is preparing to launch in 2022 and…
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U.S. Antitrust Officials Sue To Halt Nvidia Takeover Of Arm
The Federal Trade Commission said Thursday it’s suing to block U.S. chip supplier Nvidia‘s (NVDA) proposed $40 billion takeover of…
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IBD Live Q&A Recap, Key Stock Lists For Thursday, Dec. 2, 2021
Question Answer(s) A Thrifty Thursday to The bestest business Team in Th’ world! (from The ten Thousand lakes land of…
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3 Investing Tips To Elevate Your Game In Growth Stocks;
Pay close attention to what the market does each day. Judge the strength of leading stocks. Decide to hold or…
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Apple’s Augmented Reality Glasses Could Be In Focus For 2022
Will 2022 be the year that Apple (AAPL) announces a new product category such as augmented reality glasses or even…
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12 Stock Symbols Are Much Goofier Than Facebook’s ‘Meta’ MVRS
MVRS? You’ll soon have to get used to the counterintuitive new symbol for Meta Platforms (FB), the S&P 500 company…
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YouTrip plans B2B expansion following $30m Series A – FinTech Futures
Singapore-based YouTrip has raised $30 million in a Series A funding round. YouTrip has raised over $60 million in capital…
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Smith & Wesson Stock Shows Market Leadership; Strength Rating Jumps To 83 Amid Brisk Sales, Profit Growth
When a mass shooting in the U.S. occurs, gun sales generally rise as people buy firearms to protect themselves. The…
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Veeva Dives After Quarterly Beat As U.S. Omicron Case Slams Stocks
Medical software company Veeva Systems (VEEV) offered a slightly short view for fiscal year 2023 sales, and VEEV stock plunged…
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BMO Chief Information Officer Atul Verma joins Bank Automation Summit
Atul Verma, chief information officer of U.S. personal and business banking at Bank of Montreal (BMO), will join a panel…
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Snowflake Stock Pops As Earnings Top Views, Revenue Growth Handily Beats Estimates
Snowflake stock jumped after the software maker reported a narrower-than-expected loss for the third quarter while revenue blew past estimates.…
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Ultra Clean Holdings, IBD Stock Of the Day, Rides Chip Equipment Wave
On a good day for semiconductor equipment stocks, Ultra Clean Holdings (UTCC) moved into buy range Wednesday and became the…
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Indexes Fade After Strong Start; 3 Semiconductor Breakouts To Watch
The Dow Jones Industrial Average bounced back Wednesday on the first trading day of December, along with the other major…
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Aspen Stock Closes In On Key Technical Benchmark After Long Run Higher Resulted In Recent All-Time High
Software is one of the hottest categories for stocks. And small but fast-growing software maker Aspen Technology‘s (AZPN) stock recently…
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Agilent Technologies Shows Rising Relative Strength; Still Shy Of Key Benchmark
The Relative Strength (RS) Rating for Agilent Technologies (A) entered a new percentile Wednesday, as it got a lift from…
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One Tech Stock Beats The Market Every December (It’s Not Apple)
December might be the S&P 500’s third-best month of the year. But finding surefire winners during the last month of…
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Futures Jump After Market Sell-Off; Tech Titan Set To Hit New High
Dow Jones futures rallied 300 points Wednesday, bouncing back from Tuesday’s stock market sell-off. Dow Jones tech titan Apple set…
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Interac selects Microsoft Azure as part of hybrid cloud strategy – FinTech Futures
Canada’s Interac has selected Microsoft Azure cloud services for payments. Azure was chosen for its “scale, security and resiliency” Interac…
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Dow Down 545 Points On Inflation, Omicron Fears
The Dow Jones Industrial Average extended its losses in today’s stock market as new comments from Federal Reserve Chair Jerome…
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Salesforce Stock Falls As Earnings Top Views But Guidance Disappoints Amid Slack Deal
Salesforce stock tumbled after the software maker reported third quarter earnings and revenue that topped estimates but guidance disappointed. CRM…
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Nasdaq partners with Amazon to move market trading to the cloud next year
Nasdaq Inc. partnered with Amazon.com Inc. to shift its North American markets to the cloud starting in 2022. The move…
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Dow Dives Amid Powell Warning; Moderna Falls On Omicron; Tesla Flexes
The Dow Jones Industrial Average fell after Federal Reserve Chairman Jerome Powell issued an inflation warning. Apple (AAPL) popped on…
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Equinix Stock Closes In On Key Rating Benchmark; Still Has Work To Do To Become A Top Performer
With customers and partners like Netflix, Amazon.com, Cisco Systems and Alphabet’s Google, data center provider Equinix (EQIX) has a seat…
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Could This Iron Condor Trade In Costco Snatch A 30% Return?
Costco Wholesale (COST) is showing elevated implied volatility (IV) with an IV Percentile reading of 97%. That means that the…
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Adagio Continues Its Run As Biotech Stocks Moderna, BioNTech Dive On Omicron Threat
Biotech stocks diverged Tuesday with Adagio Therapeutics (ADGI) continuing an astronomical run on the potential for its next-generation antibody to…
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Finnovex West Africa: A timely discourse on leveraging technologies for accelerated financial inclusion
The Finnovex West Africa summit took place between 26 – 27 October 2021 and was held online via the host’s…
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11 Stocks Turned $10,000 Into $319,356 In 11 Months
The S&P 500 inched up in November, but it was still possible to pile even bigger gains to your already…
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State of play: central bank digital currencies (CBDCs) – FinTech Futures
Introducing a new regular column – State of Play – at FinTech Futures. Each month, fintech analyst Philip Benton explores a new topic and assesses the…
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IBD Live QA Summary, Stock Lists For Monday, Nov. 29, 2021
Question Answer(s) Good Morning. I would greatly appreciate hearing from the team on Friday’s action and dist day count. The…
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EV Stocks Race Higher Ahead Of Monthly China EV Sales Data
China-based EV makers Nio (NIO), Xpeng (XPEV), BYD (BYDDF) and Li Auto (LI) are expected to report November delivery tallies…
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Winnebago Stock Strength Rising Moderately: Stock Upgrades
Winnebago Industries (WGO) saw its Relative Strength (RS) Rating rise into a higher percentile on Monday, from 65 to 75.…
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Can Airbnb Get A Handle On Variant Fears And Break Out?
Amid fear of the omicron variant, Wall Street has started to ask the unthinkable: What happens if today’s Covid shots…
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Toronto Dominion Bank Stock Sees RS Rating Rise To 84
When putting together your watch list, focus on stocks with an 80 or higher RS Rating. Toronto Dominion Bank (TD)…
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SS&C Technologies Sees IBD RS Rating Rise To 73
In a welcome move, SS&C Technologies (SSNC) saw its Relative Strength Rating improve from 69 to 73 on Monday. X…
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