banking

Big tech faces new scrutiny from regulatory and government bodies as the Federal Trade Commission is taking a close look at Facebook, Inc. (NASDAQ: FB)'s acquisition history. Meanwhile, the Federal Reserve reportedly paid Amazon.com, Inc. (NASDAQ: AMZN) a visit to examine its cloud business....

A Fed meeting. Apple earnings. The monthly payrolls report. Renewed talks with China. This week has it all, and it starts with the stock market at all-time highs after solid results late last week from Alphabet Inc (NASDAQ: GOOG), Starbucks Corporation (NASDAQ: SBUX), and Twitter Inc...

Investors watching the Dow Jones Industrial Average ($DJI) might get a skewed picture today, as the $DJI could come under more pressure than other indices due to pressure from some of its main components. Weak earnings from Caterpillar Inc (NYSE: CAT) and Boeing Co (NYSE: BA)—along with...

Today’s session starts with banks and ends with a FAANG. Bank of America Corp (NYSE: BAC) and several other banking firms highlight the earnings picture this morning, while anticipation builds ahead of Netflix Inc. (NASDAQ: NFLX) results after the close. Remember that for NFLX, the first FAANG...

Buy transports at the bottom of the freight cycle, starting with the cheapest companies that have plausible self-help stories, Goldman Sachs' new transport equities analyst Jordan Alliger counseled in a recent note. On July 10, Goldman Sachs Group Inc (NYSE: GS) released an investor note...

After getting clipped in Q1 by the government shutdown, initial public offerings (IPOs) bounced back impressively over the last three months. This could end up working its way into Q2 results for several large U.S. banks that report earnings later this week, though analysts still anticipate year-...

Big banks continue to grow their profits, but the initial market reaction to earnings from JPMorgan Chase & Co (NYSE: JPM) and Goldman Sachs Group Inc (NYSE: GS) looks mixed early Tuesday. Both of the banks easily beat earnings per share estimates, but that included tax credits and other...

In many ways, things still seem stacked against big banks as earnings season approaches. Mortgage rates continue to fall and the Treasury yield curve remains inverted. U.S. and global economic growth haven’t bounced back much. Also, banks face tough year-over-year earnings comparisons in Q2...

Things are moving quickly this morning as investors get a first look at prepared congressional testimony from Fed Chair Jerome Powell. It looks like he’s leaning toward a dovish take on the economy, and that could help give stocks an early boost. Hours before he started his testimony, Powell...

It doesn’t happen a lot, but sometimes an industry telegraphs a rough earnings season ahead.  Arguably, we’re seeing that lately with the Financial sector, which continues to see fundamentals work against it in many ways heading into Q2 reporting time. Banks face a slowing economy...

Wall Street seems a bit out of breath after its fast climb over the last week. There’s a heavy feeling in the air early Wednesday following Tuesday’s lower session. We’re arguably at a crossroads. Many investors are suffering from FOMO (Fear Of Missing Out) syndrome, meaning they...

Breakups are never easy, even with your bank. If your bank isn’t giving you what you need then it might be time to make the switch for someone more compatible. Taking care of your finances should always be a top priority, and sticking with a bank that takes advantage with costly fees and...

Benzinga’s Securities Lending Volatility Index (SLVX) Powered by Tidal Markets, is an indicator that forecasts stock market activity for broader indices and individual securities. To demonstrate the use of the SLVX as a stock market indicator, we show how changes in the SLVX predicted a -5....

Benzinga's Fintech Focus Podcast features conversations with the biggest names in fintech. Subscribe to the Fintech Focus newsletter to get a roundup of industry news delivered to your inbox weekly, and check out upcoming programming at Benzinga events. In this episode of the Fintech Focus...

The Secure and Fair Enforcement (SAFE) Banking Act, which, in March, passed the U.S. House Committee on Financial Services by a significant bipartisan margin, represents a promising step forward for banks and cannabis companies that want to take sales out of the cash-based market and into the...