Western Alliance leads regional bank stock rally
source link: https://finance.yahoo.com/video/western-alliance-leads-regional-bank-202523473.html
Go to the source link to view the article. You can view the picture content, updated content and better typesetting reading experience. If the link is broken, please click the button below to view the snapshot at that time.
Western Alliance leads regional bank stock rally
Western Alliance leads regional bank stock rally
The Yahoo Finance Live team discusses Western Alliance leading the regional bank stock rally, regional bank turmoil, and PacWest stock movement.
-
Western Alliance leads regional bank stock rally
-
Chipotle 'pivoted just the right way' into digital during the pandemic: Analyst
-
Tesla will be 'the best AI play of the next decade', analyst explains
-
Used car prices reportedly soften amid elevated prices, supply squeeze
-
Fed, labor market concerns showing 'some dents in the armor of the consumer': Strategist
-
President Biden comments on progress in debt limit negotiations
-
Uber, Bed Bath & Beyond, Elon Musk, writers' strike: Wednesday's top stories13:42
-
Stocks close higher amid debt ceiling optimism
-
Markets: 60/40 trade has 'come off life support and is back to life,' expert explains
-
Housing market demand will come while challenges persist on supply amid mortgage rates: Economist
-
Western Alliance, regional bank stocks rise following deposit growth
-
Wynn Resorts stock rises following analyst upgrade
-
Former First Republic CEO testifies before Congress
The Yahoo Finance Live team discusses Western Alliance leading the regional bank stock rally, regional bank turmoil, and PacWest stock movement.
Yahoo FinanceWestern Alliance leads regional bank stocks higher
The Phoenix bank said its deposits rose again last week, boosting optimism in other regional lenders.
3h ago
ReutersIndian rupee snaps 3-day losing streak on softer dollar
The dollar, which paused its recent rally and slipped from five-week highs, seesawed on Tuesday amid worries over weak U.S. economic data and the country's debt ceiling. The rupee's movement is mostly tied to global worries like U.S. debt ceiling, which is impacting the dollar index, said Jateen Trivedi, analyst at LKP Securities. Meanwhile, India's merchandise trade deficit in April dropped to $15.2 billion from $19.7 billion in the previous month.
1d ago
BloombergChina Military’s Use of AI Raises Alarm for Congress, Ex-Google CEO
(Bloomberg) -- China’s embrace of artificial intelligence for warfare has touched off alarm bells everywhere from Silicon Valley to the Pentagon. Most Read from BloombergHere’s How Much Wealth You Need to Join the Richest 1% GloballyMercedes Sets Out to Make Sexy Vans With Yacht-Like InteriorsJPMorgan Asset Says Markets Are Right to Bet on US Rate CutsDebt-Limit Talks to Intensify as Biden Set to Depart for JapanFormer Google Chief Executive Officer Eric Schmidt is among those raising concerns a
1h ago
BenzingaAlong With Its Turnaround Plan, 3M Needs To Evolve
Like its peer, ODP Corp (NASDAQ: ODP), the U.S. industrial conglomerate is also facing lowered sales as consumers reflect on their spending in a difficult macroeconomic environment. With an economic slowdown that is impacting its top lines and manufacturing, 3M (NYSE: MMM) is also dealing with a corporate restructuring and lawsuits that could even cost the company its Dow Jones spot. Firing Of Recently Promoted Chief Business Officer Only a month after his promotion, longtime executive Michael V
1d ago
AP FinanceWho's who in the debt limit fight: Meet the four negotiators who could save the US from default
President Joe Biden and House Speaker Kevin McCarthy are turning to a select group of negotiators to help work out a deal to increase the nation’s borrowing authority and avoid the economic carnage that could ensue if the U.S. defaults on its debts. In many respects, he has carried that work over to the debt ceiling debate.
29m ago
BenzingaWhy Intercept Pharmaceuticals Shares Are Plunging Today
Intercept Pharmaceuticals Inc (NASDAQ: ICPT) lost around 20% after the FDA issued briefing documents ahead of the adcomm meeting scheduled for May 19 to review its liver disease candidate Obeticholic Acid (OCA). PDUFA Target Action Date set for June 22, 2023. The FDA briefing document highlighted an increased risk of diabetes and liver injury from using the obeticholic acid (OCA) oral tablets to treat nonalcoholic steatohepatitis (NASH). In the briefing documents, the FDA reviewers raised concer
2h ago
Yahoo FinanceWhy Ford is eyeing cost cuts in China
Ford is eyeing all expenses in the age of CEO Jim Farley.
1d ago
ReutersGE, Ikea, Home Depot defeat University of California bid for light bulb import bans
A group of companies including General Electric Co, Ikea Supply AG and Home Depot Inc on Tuesday defeated a request by the University of California for a U.S. appeals court to block imports of light bulbs that allegedly infringe its patents. The U.S. Court of Appeals for the Federal Circuit affirmed the U.S. International Trade Commission's decision that the companies' light bulbs did not include a key element of the university's patented technology. Home Depot declined to comment.
1d ago
Barrons.comDebt Ceiling Negotiations Turn a Corner. Why The Risk Isn’t Over Yet.
Still no debt-ceiling deal as Biden shortens G-7 trip, UBS takes $35 billion gain from Credit Suisse takeover, Musk hints at two new vehicles and starts advertising campaign, and other news to start your day.
11h ago
Barrons.comAI Is Reshaping Jobs. Here Are the Companies to Watch.
Researchers found that companies with the greatest exposure to generative AI could see higher cash flows, lower labor costs, and greater market valuations.
5h ago
ReutersFed to keep rates untouched this year; risk of U.S. default high: Reuters poll
The U.S. Federal Reserve will hold its key interest rate steady this year despite an expected recession, according to a Reuters poll of economists, who also said the risk of a U.S. default over the debt ceiling was higher compared to prior stand-offs. Those concerns, along with failures of some regional banks, led markets to price in at least a 50 basis point cut by end-2023, an expectation that gained momentum after policymakers signaled a pause to the rate hiking campaign at the May 2-3 meeting. However, U.S. central bankers reiterated the federal funds rate would stay high or could go even higher, not lower, despite 34 of 46 respondents to an additional question in the May 11-16 Reuters poll predicting a U.S. recession in 2023.
9h ago
The Wall Street JournalRussian Officials Unnerved by Ukraine Bloodshed Are Contacting CIA, Agency Says
The Central Intelligence Agency’s semipublic campaign to convince Russians to spy for Washington has borne fruit, officials said, as the spy agency released a new video aimed directly at Russian government figures.
23h ago
TipRanksBillionaire Paul Tudor Jones Pours Millions Into These 2 Stocks Amid Recession Fears
The assumption among most financial prognosticators is that a recession is most likely on the way, and one prominent name agrees it’s all but inevitable. Legendary investor Paul Tudor Jones sees a recession coming and even has an idea of when it will hit. The Tudor Investment Corp founder and billionaire expects a recession will come into play this fall, mainly as a result of the surge in debt and asset prices in recent years. Such activities are usually followed by an economic downturn. “Histor
4h ago
Barrons.comAlibaba’s Earnings Come at a Critical Time. Watch for Split-Up News, China’s Recovery.
Beyond the numbers, Alibaba earnings may hold more details on the group's plans to split itself up, as well as key trends about the Chinese consumer.
4h ago
Barrons.comCisco Earnings Top Guidance but Order Decline Sends Stock Lower
The networking equipment giant reported revenue of $14.6 billion, up 14% from a year ago. But it said orders fell 23%.
18m ago
ZacksWall Street Analysts Think NIO Inc. (NIO) Is a Good Investment: Is It?
Based on the average brokerage recommendation (ABR), NIO Inc. (NIO) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?
8h ago
Fox BusinessSan Francisco fire sale: downtown high rise selling at a 73% discount
A high rise office building in San Francisco's financial district is being sold for significantly lower than what it had been valued at a few years ago, the San Francisco Business Times reported.
9h ago
ZacksHere is What to Know Beyond Why Medical Properties Trust, Inc. (MPW) is a Trending Stock
Medical Properties (MPW) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
8h ago
BloombergYuan Slides Past Seven in New Warning Sign for China’s Economy
(Bloomberg) -- The yuan slid past the key level of 7 per dollar for the first time this year in a further sign the recovery of the world’s second-largest economy from its Covid restrictions is grinding to a halt.Most Read from BloombergHere’s How Much Wealth You Need to Join the Richest 1% GloballyDebt-Limit Talks to Intensify as Biden Set to Depart for JapanJPMorgan Asset Says Markets Are Right to Bet on US Rate CutsMercedes Sets Out to Make Sexy Vans With Yacht-Like InteriorsThe currency weake
12h ago
Barrons.comPfizer, Amgen, and 7 More Cheap Healthcare Stocks for Investors to Consider
The stocks our screen found are cheap, relative to highfliers like Eli Lilly, and many are cheap for a reason.
4h ago
TipRanksBillionaire Steve Cohen Snaps Up These 2 ‘Strong Buy’ Stocks — Here’s Why You Might Want to Ride His Coattails
With the macro backdrop currently a combination of debt ceiling negotiations, data pointing to cooling economic activity amidst expectations of a recession, investors could benefit from a guiding hand to block out the background noise and point toward the equities primed to gain from here. One way to keep ahead of the game is by riding the coattails of Wall Street investing legends. Ones such as Steve Cohen. Using a high-risk/high-reward strategy, the billionaire Chairman and CEO of global asset
1d ago
Barrons.comMeta and Nvidia Shares Are Soaring
A pair of tech stocks are seeing growth in the triple digits this year. Meta Platforms (META) is up 102% this year, on pace for its best year since 2013, when it rose 105%, according to Dow Jones Market Data.
2h ago
ZacksONEOK (OKE) Signs $18.8B Merger Agreement With Magellan
ONEOK (OKE) signs a merger agreement with Magellan. This pact will open up Magellan's refined products and crude oil transportation business to ONEOK.
3h ago
Investor's Business DailyGrowth Stocks Are Back — Analysts Like These 8 The Best
Growth stocks in the S&P 500 are racing back. And analysts are scrambling to choose their favorites.
9h ago
ZacksStar Bulk Carriers (SBLK) Q1 Earnings and Revenues Top Estimates
Star Bulk Carriers (SBLK) delivered earnings and revenue surprises of 28.57% and 17.97%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
22h ago
BenzingaWarren Buffett Ditched His Flip Phone for an iPhone in 2020 and Drinks 5 Cans of Coke a Day — That's What Makes Him One of the Greatest Investors of All Time
Business magnate Warren Buffett is widely regarded as one of the greatest investors of the modern-day world. His seemingly unmatched and consistent value-investing strategies have earned him the title of Oracle of Omaha. Don't Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Startups Vision For Re-Uniting American Families Many of his investing strategies are known, but there is one that is often overlooked yet incredibly important. It’s a lot more prevalent in the s
1d ago
SmartAssetHow Many Americans Retire With a Million Dollars?
Saving $1 million (or more) for retirement is a great goal to have. Putting that much aside could make it easier to live your preferred lifestyle when you retire, without having to worry about running short of money. However, not … Continue reading → The post What Percentage of Retirees Have a Million Dollars? appeared first on SmartAsset Blog.
8h ago
Investor's Business DailyBroadcom Poised For More Growth; Decision On $61 Billion Bid For Cloud Play Looms
Growth stock Broadcom is in a flat base with earnings on June 1. The chip leader faces antitrust issues for its $61 billion bid for VMware
2h ago
ZacksWhy Is The Charles Schwab Corporation (SCHW) Down 7.2% Since Last Earnings Report?
The Charles Schwab Corporation (SCHW) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
6h ago
TipRanksThese 2 EV Stocks Under $10 Have Over 70% Upside Potential, Says Cantor
Electric vehicles (EVs) have been dominating headlines due to the convergence of social, cultural, and political forces driving a shift from conventional combustion-powered cars to zero-emission vehicles. This shift has sparked a surge in government programs and spending designed to quickly expand the infrastructure needed to support a growing fleet of EVs. In return, we are also seeing enormous growth in EV manufacturers. The infrastructure support is substantial. Cantor senior analyst Andres S
2d ago
ZacksWhat Awaits ZIM Integrated Shipping (ZIM) in Q1 Earnings?
Slowdown in freight demand is likely to have hurt ZIM Integrated Shipping's (ZIM) first-quarter performance.
9h ago
Yahoo FinanceFirst Republic CEO on bank’s collapse: ‘Everything changed overnight’
The boss of First Republic gave his version of events that led to the second-largest bank failure in US history.
2h ago
ZacksNew Strong Sell Stocks for May 17th
BIDU, EBS and FRO have been added to the Zacks Rank #5 (Strong Sell) List on May 17, 2023.
11h ago
TipRanks2 “Strong Buy” Penny Stocks With Over 400% Upside on the Horizon
In Kenny Rogers’ iconic song “The Gambler,” he sang, “Every hand’s a winner and every hand’s a loser…” These words hold valuable wisdom that every investor should remember. Regardless of your chosen strategy, successful stock investing ultimately boils down to mastering the art of balancing risk and reward. There are few stock segments that offer a higher return potential for the risk involved than the penny stocks, those equities priced at $5 or less. These are stocks with a truly rock-bottom c
7h ago
ZacksIs Trending Stock Kinder Morgan, Inc. (KMI) a Buy Now?
Kinder Morgan (KMI) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
1d ago
ZacksTop Stock Reports for Broadcom, Bank of America & Thermo Fisher Scientific
Today's Research Daily features new research reports on 16 major stocks, including Broadcom Inc. (AVGO), Bank of America (BAC) and Thermo Fisher Scientific (TMO).
3h ago
Investor's Business DailySynopsys Stock Rises As Chip Design Software Firm Delivers Beat-And-Raise Report
Chip design software maker Synopsys beat analyst estimates for its fiscal second quarter and raised its guidance for the rest of the year.
30m ago
BloombergPfizer Sells $31 Billion of Bonds in Fourth-Largest Deal Ever
(Bloomberg) -- Pfizer Inc. sold $31 billion of debt in the fourth-largest US bond sale ever, according to a person with knowledge of the matter.Most Read from BloombergHere’s How Much Wealth You Need to Join the Richest 1% GloballyA 32-Year-Old Nears Billionaire Status by Using AI to Broker Japan MergersDebt-Limit Talks to Intensify as Biden Set to Depart for JapanGoldman Banker Wins Promotion, Then Leaves for Rival Two Weeks LaterThe pharmaceutical giant raked in over $85 billion in orders for
1d ago
Investor's Business DailyHot Chip Stock Rambus Is Breaking Out, Fueled By AI, Network Product Rollout
Rambus stock, fueled by AI and machine learning, is breaking out past a new buy point in today's stock market action.
4h ago
Investor's Business DailyBest Stocks To Buy And Watch Now: Lam Research Headlines 5 Top Tech Stocks For May
The best stocks to buy and watch in the tech sector aren't easy to find these days, but here are some names showing strength.
4h ago
Recommend
About Joyk
Aggregate valuable and interesting links.
Joyk means Joy of geeK