Financial
SoFi Technologies (SOFI) gets nod to run as holding firm, stock rall...
January 20, 2022 03:27 AM AEDT | By Rupam RoyHighlights SoFi Technologies (SOFI) received regulatory approval to operate as a bank holding company. The Office of the Comptroller of the Curren...
Top 2 US financial stocks set to report their earnings this week
January 17, 2022 07:50 PM AEDT | By Rupam RoyHighlights Goldman Sachs Group, Inc. (NYSE: GS) is expected to report its Q4, FY21 earnings on Tuesday, January 18 Morgan Stanley (NYSE: MS) is ex...
Why is JP Morgan Chase’s stock sinking? JPM shares fall 4%
January 15, 2022 04:04 AM AEDT | By Versha JainHighlights JP Morgan Chase & Co. (NYSE: JPM) announced its fourth quarter and full-year 2021 results Friday. Average loans increased by 6%, an...
5 best US fintech stocks to consider in 2022
January 14, 2022 05:52 AM AEDT | By Rupam RoyHighlights PayPal Holdings, Inc. (NASDAQ: PYPL) expects its Q4, FY21, revenue to be between US$6.85 billion and US$6.95 billion Affirm Holdings, I...
Five bank stocks to explore as rate hike prospects grow
January 07, 2022 05:49 AM AEDT | By Versha JainHighlights Bank of America Corporation (NYSE: BAC) stock grew over 49% in one year. Its P/E ratio is 14.17. Wells Fargo & Company’s...
Top 5 US bank stocks to watch amid Fed’s tapering of asset purchases
December 16, 2021 12:44 AM AEDT | By Rupam RoyHighlights Bank of America Corporation (NYSE: BAC) will report its Q4, FY21 results on January 19, 2022. The stock value of U.S. Bancorp (NY...
Why is Truist Financial Corporation’s (NYSE:TFC) stock falling?
December 15, 2021 01:57 AM AEDT | By Versha JainHighlights Truist Financial Corporation’s (NYSE:TFC) stock was down 2.34%. The stock has a P/E ratio of 13.68 and a dividend yield of 3.23%....
Top rising fintech stocks to explore
November 21, 2021 08:02 AM AEDT | By Rupam RoyHighlights Paypal Holdings, Inc. (NASDAQ: PYPL) revenue surged 13% YoY in Q3, FY21. Visa Inc. (V) revenue rose 29% YoY in Q4, FY21. Sea Limited (...
FinWise Bancorp IPO: How to buy the stock?
November 20, 2021 02:40 AM AEDT | By Rupam RoyHighlights FinWise Bancorp has announced its initial public offering price of US$10.50 per share. The company is offering 3,500,000 shares to inve...
Is Affirm (AFRM) stock worth exploring after its stellar Q1 show?
November 11, 2021 12:07 PM AEDT | By Team Kalkine MediaHighlights Affirm Holdings, Inc’s (NASDAQ: AFRM) total revenue increased by 55% year-over-year to US$269.4 million in the first quarter of 20...
Robinhood (HOOD) stock dips after hacking attack exposes customer da...
November 10, 2021 06:20 AM AEDT | By Ipsita SarkarRobinhood Markets, Inc. (NASDAQ: HOOD) stock fell more than 3% in premarket trading on Tuesday after reporting a cyberattack on its systems last week....
PayPal (PYPL) revises guidance after Q3 revenue soars
November 09, 2021 11:38 AM AEDT | By Team Kalkine MediaHighlights PayPal added 13.3 million net new active accounts, taking the total to 416 million active accounts in the quarter. Its total payment vol...
Loews Corp (L), Franklin’s (BEN) quarterly profits surge
November 02, 2021 03:45 AM AEDT | By Ipsita SarkarHighlights Loews Corporation (NYSE: L) reported a net income of US$220 million in Q3, FY21. Franklin Resources, Inc’s (NYSE: BEN) operating...
Are these 7 digital payment stocks primed for online shopping boom?
October 29, 2021 11:41 AM AEDT | By Sanjeeb BaruahFintech companies offer products and services like digital payment processing, digital banking, financial software, and customer questions. The s...
Charles Schwab (SCHW), Goldman Sachs (GS) profits soar in Q3
October 16, 2021 05:23 AM AEDT | By Ipsita SarkarHighlights The Dow Jones US Banks Index (DJUSBK) generated a 38.11 return YTD. Charles Schwab Corporation (NYSE: SCHW) posted revenue of US$...
Citigroup net income jumps 48%, revenue declines 1%
October 15, 2021 06:15 AM AEDT | By Ipsita SarkarHighlights Citigroup, Inc. (NYSE: C) revenue declined 1% YoY to US$17.2 billion in the third quarter. The net income surged 48% increase YoY to US...
Wells Fargo (WFC), Morgan Stanley (MS) Q3 profits beat estimates
October 15, 2021 04:27 AM AEDT | By Ipsita SarkarHighlights Wells Fargo Company (NYSE: WFC) revenue declined 2% YoY to US$18.83 billion in Q3. Morgan Stanley’s (NYSE: MS) revenue rose 26% Y...
Bank of America’s (BAC) Q3 profits beat forecast, deposits up 15%
October 15, 2021 03:24 AM AEDT | By Sanjeeb BaruahBank of America Corporation (NYSE: BAC) on Thursday reported strong third-quarter performance, boosted by robust merger and acquisition activities and...
JP Morgan (JPM), BlackRock (BLK) post better-than-expected Q3 profit...
October 14, 2021 03:16 AM AEDT | By Ipsita SarkarHighlights The Morgan Chase & Co’s (NYSE: JPM) net revenue rose 1% YoY in Q3, FY21. The revenue of BlackRock, Inc. (NYSE: BLK) surged 16...
Q3 Earnings Snapshot: Pinnacle’s (PNFP) net income jumps to US$136.5...
October 13, 2021 11:35 AM AEDT | By Sanjeeb BaruahHighlights Pinnacle Financial Partners Inc’s (NASDAQ: PNFP) third-quarter net income was US$136.57 million compared to US$110,64 million in t...