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Major financial institution Bank of America Corp (NYSE:BAC) reported earnings last week and the shares bottomed out following the results, falling 3.5% the day of the quarterly report and testing their 100-day moving average.
Artificial intelligence (AI) may have been the name of the game for the past year or so, but it's not the only game in town. Wall Street has been watching other sectors for growth opportunities, particularly as valuations have gotten into the nose-bleed section.
WaFd's (WAFD) fiscal second-quarter earnings beat estimates on the back of higher revenues and loan balance. However, high costs and provisions turn out to be headwinds.
Humana (HUM) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Sanofi's (SNY) BTK inhibitor, rilzabrutinib, demonstrates durable platelet response in the phase III LUNA 3 study in adult patients with immune thrombocytopenia.
Here is a sneak peek into how major five industrial products stocks, CAT, GWW, DOV, BALL and AVY, are expected to fare in their quarterly results slated to be released this week.
The Federal Trade Commission is working to accelerate its inquiry into the prescription-drug middlemen known as pharmacy-benefit managers, while also expanding its scrutiny of drug patents that can keep prescription prices artificially high, FTC Chair Lina Khan told reporters Tuesday.
GE Aerospace (GE) shares surged over 7% in intraday trading Tuesday after it reported its first earnings as a standalone company and boosted its full-year outlook for operating profit.
High-interest savings accounts are growing in popularity, but given the lax and confusing laws surrounding banking in America, we are naturally wary and cautious when it comes to investing our money with big financial institutions.
Investment strategies of billionaires like Buffett and Griffin may be tempting. They are bullish on Vanguard S&P 500 ETF.