Wall Street Today | Market Faces Second-Day Pullback
The overall market pulled back for the second day in a row Thursday after a semiconductor sell-off Wednesday.
EXCLUSIVE: Financials 'Looking Favorable' After JPMorgan Earnings — Market Strategist Jay Woods Says Sector 'Just Joining The Party'
The financial sector looks favorable after a recent earnings report from JPMorgan Chase (NYSE:JPM) and other factors, a market strategist told Benzinga.What Happened: An earnings report from
Top 10 S&P 500 Stocks Down More Than 5% From Last Week
10 Financials Stocks Whale Activity In Today's Session
This whale alert can help traders discover the next big trading opportunities.Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity
Goldman Sachs, Morgan Stanley and Bank of America Continued The Strong Trend With Their Second Quarter Financials
On Monday, bank earnings continued with The Goldman Sachs Group Inc (NYSE:GS), also joining the trend of topped profit and revenue estimates on the back of better-than-expected fixed income results
$100 Invested In Mastercard 15 Years Ago Would Be Worth This Much Today
Mastercard (NYSE:MA) has outperformed the market over the past 15 years by 11.46% on an annualized basis producing an average annual return of 23.71%. Currently, Mastercard has a market
Visa Options Trading: A Deep Dive Into Market Sentiment
Whales with a lot of money to spend have taken a noticeably bearish stance on Visa.Looking at options history for Visa (NYSE:V) we detected 10 trades.If we consider the specifics of each trade, it
PayPal Downgraded to Perform at Wm. Blair Amid Intensifying Competition
Visa Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 07/18/2024 9.84% JP Morgan $302 → $300 Maintains Overweight 07/10/2024 8.74% B of A Securities $305 → $297
Mastercard Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 07/18/2024 10.54% JP Morgan $510 → $500 Maintains Overweight 07/10/2024 6.12% B of A Securities $505 → $48
Least Shorted S&P 500 Stocks in June
Bank of America Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 07/18/2024 -9.07% BMO Capital $38 → $40 Maintains Market Perform 07/17/2024 4.57% Morgan Stanley $44 → $46
American Express Earnings Preview: Low Double-Digit Profit Growth Will Be Welcomed as the Market Shifts Toward the Finance Sector
American Express, one of Berkshire Hathaway's largest holdings, will release its Q2 financial report before the bell on Friday. The upcoming earnings are expected to be bolstered by robust gains in loans and card fees, stringent cost management, and solid credit outcomes.
Berkshire Hathaway Hits Record High; Will US Stocks Shift From Tech-Driven to Value-Driven?
The
Analysts Question Strategy Behind High Fees Of Grayscale Ethereum Spot ETF: They Seem Focused On 'Maximizing Short-Term Revenue Vs Playing Long Game'
Eric Balchunas, a renowned financial analyst, recently expressed skepticism about the potential success of Grayscale's Ethereum (CRYPTO: ETH) spot ETF due to its high fee structure.What Happened:
The number of listed cryptocurrencies on major exchanges has exceeded the total amount in 2023.
CCData, a cryptos market data provider, found that different exchanges have different strategies. Since early 2023, the number of new tokens listed on Bybit has increased by 83% in exchanges with high trading volume. Coinbase, on the other hand, is the most conservative, with an increase of only 8.2% in the number of new tokens listed during the same period.
In the second quarter, the investment banking industry in the USA achieved the best performance in two years.
In the second quarter, the investment banking business of the five major banks achieved a total revenue of 8.2 billion US dollars, a year-on-year increase of 40%. Morgan Stanley said that it is now in the early stage of investment banking business recovery.
BlackRock Sells $2.5B In Bonds To Help Fund Preqin Deal: Report
BlackRock, Inc. (NYSE:BLK) is selling $2.5 billion in U.S. investment-grade bonds to help pay for its $3.2 billion acquisition of private-markets data company Preqin.What Happened: According to
State Street Is Exploring Creating Its Own Stablecoin - Report
Stock Of The Day: Johnson & Johnson Hits Crucial Roadblock — Can It Break Through?
Investors loved the Johnson & Johnson (NYSE:JNJ) earnings report. The stock is trading much higher, but it has stalled out around an important resistance level.In financial markets, some price