Intel shares plunge 29% as investment banks cut price targets after Q3 earnings
Analyst downgrades deepened the selloff in Intel shares following its third-quarter results.
Beinsure · +2 outlets
JPMorgan posts first earnings miss since 2023 as Q1 revenue trends diverge from BofA
JPMorgan's Q1 results broke a multi-quarter beat streak, while comparison pieces highlight differing revenue trajectories among big banks.
TIKR.com · +4 outlets
Banks develop tokenised deposits and block tokenized stock listings amid stablecoin yield debate
US banks are building tokenised deposit products while a group of 33 listed companies blocks tokenized versions of their shares on a crypto exchange venture.
The Digital Banker · +2 outlets
Wells Fargo Q3 earnings beat overshadowed by tighter net interest margin outlook
Wells Fargo's quarterly beat was tempered by margin pressure and technical trading chatter on the stock.
Yahoo Finance · +4 outlets
Elizabeth Warren urges DOJ to probe Bank of America's AML issues after $1.21B fine
The senator is pressing the Justice Department on whether criminal charges follow the earlier regulatory penalties against BofA.
Bankingdive · +7 outlets
NatWest shares fall after interest income guidance disappoints; Q3 earnings decline
NatWest's Q3 profit fell and its interest income guidance spooked investors, dragging the shares lower.
WSJ · +8 outlets
CaixaBank beats Q3 profit forecasts, raises profitability goal as deposit costs rise
CaixaBank lifted its profitability target after a Q3 beat, though net interest income slightly missed and deposit costs climbed.
Reuters · +4 outlets
Coinbase Q3 earnings prompt seven banks to revise price targets
A wave of post-earnings target changes at major banks reflects mixed views on Coinbase's outlook.
BeInCrypto
Wells Fargo cuts 86 jobs at West Des Moines campus in biggest layoff in years
The reduction is Wells Fargo's largest single-site layoff in recent years as the bank trims costs.
Hoodline · +6 outlets
Wall Street banks kick off earnings season with investors watching for beats
The latest bank earnings cycle opens with scrutiny on whether large lenders can sustain momentum.
Moomoo · +14 outlets
OneMain Holdings Q3 GAAP EPS beats on growth in loan interest and net interest income
OneMain's third-quarter results topped estimates as loan interest and net interest income expanded.
TradingView · +4 outlets
Aktia Bank shares fall as Q3 profit drops 18% on lower insurance income
Weaker insurance income drove an 18% decline in Aktia's Q3 profit, sending shares lower.
Investing.com India · +2 outlets
Sparebanken Norge shares fall after net interest income drops
Declining net interest income weighed on Sparebanken Norge shares after its quarterly update.
Investing.com · +2 outlets
Citizens Financial Services Q3 net income rises 19.2% to $11.9 million
Loan growth lifted Citizens Financial Services' Q3 profit even as credit risk indicators built up.
Securities.io · +5 outlets
Credit Agricole Q3 earnings highlight record revenue and double-digit growth
Credit Agricole reported record revenue and double-digit growth in its third-quarter call highlights.
Yahoo Finance · +3 outlets
Provident Financial Services reports record Q3 revenue and margin expansion
Provident Financial Services posted record quarterly revenue with expanding margins on its Q3 earnings call.
TradingKey · +14 outlets
Lloyds Banking Group discusses Q3 results on earnings call
Lloyds detailed its third-quarter performance and outlook on its earnings call.
TradingView
AI-powered bank scam drains $423,114 from 170 victims in three weeks
A report details an AI-driven scam that rapidly extracted funds from scores of victims.
The Daily Hodl