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First quarter earnings from the big banks are out, and the results, while mixed, were overall positive. The consensus view coming out of the Q1 prints is that the big U.S. banks are in good shape afte

Best Momentum Stocks to Buy for April 17th

11:00am, Wednesday, 17'th Apr 2024
BYRN, WFC and SAND made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on April 17, 2023.

Bank ETFs in Focus on Mixed Q1 Earnings

09:00am, Wednesday, 17'th Apr 2024
While most big banks beat on both lines in the first-quarter earnings season, higher rates may weigh on the financial ETFs over the medium term.
Bank of America (BAC) and Morgan Stanley (MS) were the latest Big Bank stocks to report first-quarter earnings on Tuesday. Both topped earnings and revenue estimates, a trend consistent for major fina
U.S. banking giants continued to shed employees in the first quarter, with Citigroup seeing the biggest drop.

5 Hot ETFs of a Tumultuous Week

11:01am, Tuesday, 16'th Apr 2024
Overall, ETFs pulled in $24.5 million in capital last week, taking year-to-date inflows to $196.4 billion.
One research firm sees more upside on Wells Fargo in the wake of the latest earnings report. Net interest income is expected to fall this year, but increased fee revenue should make up for it.

4 Top-Performing ETF Areas of Last Week

09:00am, Tuesday, 16'th Apr 2024
There was a growing unease on Wall Street last week, caused by disappointing corporate updates from major banks, reigniting concerns about persistent inflation and the likelihood of sustained elevated
The S&P 500 logs its worst week since October 2023. The beaten-down stocks, having a solid Zacks Rank #2 (Buy), offer a good entry point.
KBW CEO Tom Michaud examines first-quarter bank earnings, including firms' balance sheet advantage over non-banks and the bull case for an acceleration in bank earnings.
There was growing uneasiness on Wall Street last week, caused by disappointing corporate updates from major banks, reigniting concerns about persistent inflation and the likelihood of sustained elevat
Why are young Americans so skeptical about capitalism? In a recent (2022) Pew Research poll, only 40% of 18-to-29 year-olds expressed a positive attitude towards capitalism, and a greater number were
Wells Fargo surpassed earnings estimates in Q4 2023 and Q1 2024, driving a 14.94% stock price increase. Despite regulatory constraints, Wells Fargo remains undervalued, with a fair price of $71.49 and

What We Learned From Big Bank Earnings on Friday

03:45pm, Saturday, 13'th Apr 2024
Large U.S. banks kicked off the first-quarter earnings report season by disclosing higher-than-expected profits. But their net interest income—a key performance indicator for the sector—fell shy o

The Q1 Earnings Season Kicks off Positively

05:31pm, Friday, 12'th Apr 2024
The market isn't particularly impressed with what it saw in the quarterly releases from JPMorgan JPM, Citigroup C, and even Wells Fargo WFC. Part of the issue appears to be underwhelming guidance, par
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