The tech-heavy Nasdaq composite led the stock market higher Thursday, as big U.S. banks deposited $30 billion in a joint rescue of regional bank First Republic Bank (FRC), which closed 10% higher after crashing as […]
Dow Jones futures were little changed early Friday, along with S&P 500 futures and Nasdaq futures. FedEx (FDX) reported earnings late Thursday, signaling an FDX stock breakout. The stock market rally attempt had a strong […]
The largest banks in the United States have moved to shore up First Republic Bank in an effort to ease fears that the regional lender could be the next domino to fall after the second-largest […]
Workday (WDAY) saw its IBD SmartSelect Composite Rating rise to 96 Thursday, up from 94 the day before. In addition, the Relative Strength is above 80, another positive sign in a tough market. The new […]
“Top Gun” pilots aren’t the only ones feeling the need for speed. So are data centers. And that has spurred the drive for silicon photonics systems, which could boost Broadcom (AVGO) stock and others. With […]
Electronics contract manufacturer Jabil (JBL) on Thursday beat Wall Street’s targets for its fiscal second quarter and offered an improved outlook for the current period. But Jabil stock fell in morning trades. The St. Petersburg, […]
The IBD SmartSelect Composite Rating for DexCom (DXCM) rose from 94 to 97 Thursday. The new score means the company is now outperforming 97% of all stocks in terms of the most important fundamental and […]
Confusion over new Medicare negotiating plans sent Regeneron Pharmaceuticals (REGN) and Halozyme Therapeutics (HALO) stocks tumbling Thursday. REGN stock undercut its 50-day line and HALO stock hit a year-low. Under a new program launching in […]
Credit Suisse (CS) rebounded Thursday after its late Wednesday announcement to borrow up to $54 billion from the Swiss National Bank. The financial stock unraveled during Wednesday’s U.S. and European market trade, shedding as much […]
The stock market traded higher Thursday after regional banks bounced. Big Tech and the Nasdaq composite bucked the early downward tide, trading higher, while small caps shed opening losses. Regional bank stocks got some relief […]
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