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BANF to CVBF: 5 bank stocks with over 20% one-year return

 BANF to CVBF: 5 bank stocks with over 20% one-year return

Rising interest rates make the economy volatile but banking stock may benefit from it.

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Five Healthcare Stocks That May Benefit From Biden’s Drug Policy

Five Healthcare Stocks That May Benefit From Biden’s Drug Policy

Summary President Biden’s new drug policy gets huge support from lawmakers, cutting across political lines. The policy allows the export of essential medicines and raw materials to friendly countries. US drugmakers are expected to receiv...

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Alphabet Shares Up 4.5% In Extended Trading On Strong Q1 Revenue Growth

Alphabet Shares Up 4.5% In Extended Trading On Strong Q1 Revenue Growth

Summary Strong advertising revenue and cloud business fuelled a 34 percent year-over-year growth in first-quarter revenue. Alphabet’s net income more than doubled to US$17.93 billion from US$6.84 billion in the year-ago quarter. The Goog...

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Microsoft’s (NASDAQ:MSFT) Q3 Net Profit Up 44% On Cloud Growth

Microsoft’s (NASDAQ:MSFT) Q3 Net Profit Up 44% On Cloud Growth

Summary Microsoft’s total revenues rose 19% to US$41.7 billion, while its operating income jumped 31% to US$17 billion in the quarter ended March 31, 2021. Microsoft stocks (NASDAQ:MSFT) were trading flat at US$261.97 at 4:00 pm ET on Tue...

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UPS Stocks Surge After Record Quarterly Earnings Report

UPS Stocks Surge After Record Quarterly Earnings Report

Summary UPS stocks (NYSE:UPS) soared over 11% after it announced a robust first-quarter earnings report. Its operating profits jumped a whopping 158% to US$2.8 billion in Q1, compared to the same period of 2020. UPS stocks gained more than 19%...

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General Electric Shares Decline As Company Posts Q1’21 Loss

General Electric Shares Decline As Company Posts Q1’21 Loss

Summary Aviation and healthcare segments saw their profit decline in double digits, while loss in the power and renewable segments narrowed. The company recorded a net loss of US$2.6 billion following the sale of GE Capital Aviation Services. ...

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Amazon Stocks (NASDAQ:AMZN) Shine On Stock Split Hopes

Amazon Stocks (NASDAQ:AMZN) Shine On Stock Split Hopes

Summary News of Amazon stock split draws fresh attention to the stocks, whose value jumped nearly 44% over the past year. Amazon is likely to announce its latest quarterly results later this week. Amazon’s net sales had risen by 38% in 2...

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Proofpoint Shares Rally On US$12.3B Takeover Deal From PE Firm Thoma Bravo

Proofpoint Shares Rally On US$12.3B Takeover Deal From PE Firm Thoma Bravo

Summary NASDAQ-listed cybersecurity company Proofpoint will become private after the transaction. Thoma Bravo will pay US$176 per share in cash to Proofpoint shareholders, a premium of 34 percent. The deal, which got approval from Proofpoint&r...

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Decline in Data Center Revenue Pulls Intel’s Stock Down

Decline in Data Center Revenue Pulls Intel’s Stock Down

Summary Intel’s data center revenue during the first three months of the year fell 20 percent year over year. Revenue growth in the PC-centric business was offset by the decline in data center business. The semiconductor company projects...

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McDonald's Corp. Prices Continue to Shine, are Investors Loving it?

McDonald's Corp. Prices Continue to Shine, are Investors Loving it?

Summary McDonald's Corp. (NYSE: MCD) gained 0.30% percent in the last trading session and stock prices are hovering near an all-time high. The stock price had broken an ascending triangle pattern on the daily chart and taking major support from...

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Blackstone Swings to Record Profit in Q1’21

Blackstone Swings to Record Profit in Q1’21

Summary The investment company posted a profit of US$1.75 billion against a loss of US$1.07 billion in the year-ago period. Total revenue during the quarter came in at US$5.30 billion, compared to the negative US$3.08 billion in the first quart...

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