community banking news
- Banking
Financial firms confront the threat of central bank digital currencies
Central bank digital currencies have the potential to dramatically change the roles of fintechs and financial institutions, which is why…
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ChargePoint Holdings Flashes Improved Technical Strength
In a welcome move, ChargePoint Holdings (CHPT) saw its Relative Strength Rating improve from 70 to 76 on Wednesday. X…
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Facebook Calendar Spread Offers Attractive Risk-Reward Ratio In Options Trading
In the world of options trading, do you know how to set up a calendar spread? X This income-generating trade…
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Regulators want to stress-test banks for climate risks. Can it work?
Below is a lightly edited transcript of the podcast: WELLS FARGO PROTEST: No more subsidies for fossil fuel companies! No…
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Roku Stock Scores Relative Strength Rating Upgrade; Hits Key Benchmark
When putting together your watch list, focus on stocks with an 80 or higher RS Rating. Roku (ROKU) just met…
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IBD Live QA Summary, Stock Lists For Wednesday, May 12, 2021
Question Answer(s) How many distribution days on the s&p? 6 — more here in our daily Big Picture column —…
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IBD 50 Stocks To Watch: After 130% Gain, This Group Leader’s Run May Not Be Over
Financial stocks were in rally mode early Wednesday, but gains faded, despite a big rise in the 10-year Treasury yield.…
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Shipper Danaos Stock Joins Rank Of Stocks With 95-Plus Composite Rating
The IBD SmartSelect Composite Rating for Danaos (DAC) rose from 94 to 98 Wednesday. The shipping stock has a 99…
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Taiwan Semiconductor Stock Earns Key Rating Upgrade After Recently Hitting An All-Time High
The world’s biggest contract chip manufacturer is riding out the current market malaise just like most other stocks. But it…
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Callaway Golf RS Rating Upgrade Soars
Callaway Golf (ELY) reached an important technical milestone on Wednesday, with its Relative Strength (RS) Rating rising into the 90-plus…
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Coupang Revenue Soars 74% In First Report Since Its Blockbuster IPO
Coupang (CPNG), one of Asia’s largest e-commerce companies, reported first-quarter results late Wednesday, its first report as a newly minted…
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What’s the fate of bank-nonbank partnerships after ‘true lender’ vote?
WASHINGTON — The Senate’s rejection of a Trump-era rule making it easier for banks to sell loans to third parties…
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Affiliated Bank in Texas rebrands as Susser Bank
Affiliated Bank in Arlington, Texas, has a new name. The $1.4 billion-asset bank said in a Wednesday press release that…
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Dow Jones Sinks 545 Points, Stoked By Inflation Fears
The Dow Jones Industrial Average fell sharply in today’s market, while the Nasdaq led the downside. The tech-heavy index continued…
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Comerica taps exec to head new Asian-American outreach efforts
Comerica in Dallas announced a pair of efforts Wednesday aimed at broadening its relationships with Asian American businesses and nonprofits…
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Alibaba Earnings Report Expected To Show Big Jump In Revenue
Alibaba Group (BABA) is expected to show its best revenue growth in three years when the China e-commerce giant reports…
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LGBT neobank Daylight urges banks to let customers use ‘true names’
Daylight, a digital banking platform for the LGBT community, is calling on traditional financial institutions to let customers use their…
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Dow Jones Dips, Nasdaq Dives; Fed Official Makes Inflation Pledge; Bears Maul Tech Stocks
The Dow Jones Industrial Average was off lows, but remained deep in the red as inflation worries intensified. The Nasdaq…
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Dow Jones Sells Off 460 Points As Inflation Fears Boost Bond Yields, Maul Stocks
Key market indexes extended already sharp losses midday Wednesday as the Dow Jones Industrial Average lost more than 460 points…
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We’ll Find Out Today If Gas Prices Will Get Better Or Worse
Colonial Pipeline will update federal officials Wednesday on the status of reopening its key East Coast pipeline following a cyberattack…
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Dow Jones Slides, Tech Stocks Tumble As Yields Jump On Accelerating Inflation; Apple, Tesla Sell Off
The Dow Jones Industrial Average dropped 200 points Wednesday, as Treasury yields jumped on key inflation data. Apple and Tesla…
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Palantir Stock: Commercial Revenue Growth Key As Government Business Thrives
Palantir Technologies‘ (PLTR) government business remains its chief growth driver, though it gained traction with commercial customers in the first…
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13 Big Stocks Are Still ‘Cheap’ Even After Jumping More Than 50%
“Cheap” stocks in the S&P 500 aren’t synonymous with lagging performance anymore — at least not this year so far.…
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The 21-Day Exponential Moving Average: Why This Is Your New Edge
The 21-day exponential moving average (EMA) can be thought of as the Goldilocks of moving averages. X We have dozens…
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Diversity Initiatives Launch Goldman Sachs Into New Buy Zone
As Wall Street cashes in on bank stocks like Bank of America (BAC), Wells Fargo (WFC) and Morgan Stanley (MS),…
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FirstSun adding to Texas operations with Pioneer acquisition
FirstSun Capital Bancorp in Denver has agreed to buy Pioneer Bancshares in Austin, Texas. The $5.3 billion-asset FirstSun said in…
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Nonbanks poised to grab bigger mortgage share; eBay to offer loans in U.K.
Wall Street Journal More pie Amid shrinking margins for mortgage lenders, “originators like Rocket Cos. and UWM may emerge with…
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Dow Jones Dives 600 Points As Stock Market Sells Off; Nasdaq Cuts Steep Losses
Stocks were back near session lows Tuesday afternoon as the Dow Jones Industrial Average widened its loss to more than…
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Altimmune Stock Clears Key Benchmark, Hitting 80-Plus RS Rating
On Tuesday, Altimmune (ALT) received a positive adjustment to its Relative Strength (RS) Rating, from 78 to 86. This jump…
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Outdoor Products Maker Yeti Stock Earns IBD Stock Rating Upgrade
Yeti Holdings (YETI) saw its IBD SmartSelect Composite Rating rise to 96 Tuesday, up from 93 the day before. The…
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IBD Screen: Why This Key Dow Stock Is One Of Four Leaders Near A Buy Point
Investors searching for hot stocks to buy or watch should check out IBD Screen Of The Day, a column that focuses…
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Thiel Sets Sights On New Crypto Exchange, After Musk Teases Dogecoin
Block.one, a blockchain software company backed by billionaire investor and PayPal (PYPL) co-founder Peter Thiel, said it plans to introduce…
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Nasdaq Mounts Rebound As Key Stocks Seek Bottom At An Important Chart Level
The Nasdaq composite made an impressive rebound as the software sector became an unlikely source of strength in Tuesday’s stock…
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IBD 50 Stocks To Watch: Mining Leader Southern Copper Eyes New Buy Point As Copper Prices Surge
Tuesday’s IBD 50 Stocks To Watch pick, mining leader Southern Copper (SCCO), is approaching a new buy point, as copper…
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Senate advances measure to reverse OCC’s ‘true lender’ rule
WASHINGTON — The Senate has voted in favor of overturning a rule issued by the Office of the Comptroller of…
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Video Game Publisher EA Beats March-Quarter Targets But Earnings Outlook Is Light
Video game publisher Electronic Arts (EA) late Tuesday beat analyst expectations for its fiscal fourth quarter. But its earnings guidance…
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Stocks To Watch: Headset Maker Plantronics Stock Strength Rises As It Hears Sales, Profits Climb
This time of year everything is in bloom in the seaside town of Santa Cruz on the California coast. This…
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Yeti Holdings Drinks In A 90-Plus RS Rating
When looking for the best stocks to buy and watch, focus on those with rising relative price strength. One stock…
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Smart TV Maker Vizio Tops First-Quarter Goals, But Stock Drops Late
Smart television maker Vizio (VZIO) late Tuesday topped Wall Street’s targets for the first quarter. But Vizio stock sank in…
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Citi eyes more U.S. branches with Fraser bullish on recovery
Citigroup Chief Executive Jane Fraser said she’s “very bullish” on the immediate outlook for the U.S. economy, and the banking…
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Court decision muddies debt collector communications
A recent appeals court ruling is threatening to wreak havoc on the debt collection industry while raising questions about the…
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IBD Live QA Summary, Stock Lists For Tuesday, May 11, 2021
vertical violation? We’ll discuss. Good morning, IBD shows that we are in a confirmed uptrend…is that correct? Yes, but that…
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Stocks With Rising Relative Strength: W.W. Grainger Shares Highly Sought By Big Investors
Amid recent sector rotation W.W. Grainger looks poised to benefit from the turn toward infrastructure products such as building and…
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FDIC seeks feedback on banks’ crypto plans
WASHINGTON — The Federal Deposit Insurance Corp. will soon seek details from regulated entities about their use of digital assets,…
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Revenue drivers: The top 200 publicly traded community banks
The nation’s top-performing community banks managed to boost profits and minimize loan losses despite fallout from the coronavirus pandemic. The…
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Community bankers bullish on loan growth, torn on infrastructure plan
More community bankers are upbeat about the upcoming year’s prospects for loan demand than at any point since 2017, as…
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Tesla Stock Falls As Ominous Signs Emerge From China
Tesla (TSLA) sales in China dropped in April, and the U.S.-based EV maker reportedly halted an expansion of its Shanghai…
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Pool Stock Heats Up, Sees Relative Strength Rating Jump To 81
Pool (POOL) saw a positive improvement to its Relative Strength (RS) Rating on Tuesday, rising from 74 to 81. But…
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Novavax, Inovio Stocks Hammered As Covid Vaccine News Disappoints
Vaccine stocks crumbled Tuesday after Novavax (NVAX) announced a delay and Inovio Pharmaceuticals (INO) reported “underwhelming” results for its Covid…
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Dow Jones Dives 500 Points As Apple, Tesla Sell Off; Virgin Galactic Plunges 20% On Earnings
The Dow Jones Industrial Average dived over 500 points, while tech stocks cut into sharp losses Tuesday as Apple and…
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