Stocks making the biggest premarket moves: Tesla, First Republic, UBS, Foot Locker and more
Names on the move ahead of the open. Source link
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KeyCorp
First Republic shares slid almost 33% after deposit infusion, dragging down other regional banks
The losses came even after 11 other banks pledged to deposit $30 billion in First Republic for at least 120
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Stocks making the biggest moves premarket: First Republic, Western Alliance, Uber, Lyft and more
First Republic led a rebound in regional bank stocks. Uber and Lyft got a boost from a court ruling. Source
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Stocks making the biggest moves midday: First Republic Bank, Moderna, Newmont, Illumina and more
Names on the move ahead of the open. Source link
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First Republic drops 70%, leads decline in bank stocks despite government’s backstop of SVB
First Republic Bank led a decline in bank shares Monday that came even after regulators extraordinary actions Sunday evening. Source
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Banks take No. 1 spot, tech loses a market crown: The 2023 Just 100 rankings
The technology sector loses the No. 1 ranking in the 2023 JUST 100 list of large-cap companies leading on the
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Banks’ boost from rising interest rates is waning because of this one issue, Morgan Stanley says
Banks are now having to compete for deposits, unlike earlier during the pandemic, when the industry saw an influx of
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Company downgrades are picking up steam as profit outlooks dim
Analysts are finally starting to get concerned their second-half estimates are too high and are beginning to adjust. Source link
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Goldman analysts love these stocks, but the rest of Wall Street not so much
These stocks are potential contrarian plays, according to Goldman Sachs. Source link
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