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US Banks Sound Alarm On Lower-Income Struggles Before Election
Major U.S. banks have cautioned in their second-quarter results that lower-income customers are experiencing financial strain just months ahead of the presidential election.JPMorgan Chase & Co. (NYSE:
BofA Securities Maintains Wells Fargo & Co(WFC.US) With Buy Rating, Announces Target Price $70
BofA Securities analyst Ebrahim Poonawala maintains $Wells Fargo & Co(WFC.US)$ with a buy rating, and sets the target price at $70.According to TipRanks data, the analyst has a success rate of 66.2%
Financial Stocks Deliver Profits in Q2 Amid Rebound in Investments - Earnings Scorecard
Daily short sale tracking: Lucid Group's short volume increased by 20 million, with a short sale ratio of 16%
Lucid Group(LCID.US) ranked top of the list had the largest change in short volume (20.21 million shares), and the short volume ratio of Suzano(SUZ.US) reached 48.71%. See more about the top 10 list of short selling volume changes in the latest trading day of the US stock market.
Rate Cuts Could Make Things Worse for Banks Before They Help -- Heard on the Street -- WSJ
By Telis Demos With the Federal Reserve poised to begin cutting interest rates, banks stand to benefit. But not right away. High interest rates have started to wear on the biggest banks, with
Top 20 turnover | Tesla rose and fell, closing up nearly 3%; Wells Fargo & Co. fell more than 6%, with net interest income below expectations.
On Friday, Tesla ranked first in the trading volume of US stocks, closing up 2.99% with a turnover of $38.54 billion; Nvidia ranked second, closing up 1.44% with a turnover of $32.817 billion; Apple ranked third, closing up 1.31% with a turnover of $12.257 billion.