Month: August 2023

As digital banking tools, such as banking apps and automatic bill payments, increase in popularity, the fintech sector is poised to grow rapidly.  Additionally, financial institutions have been adopting many high tech tools in an effort to cut their costs and make their businesses more user friendly.  As a result of those points, venture capitalists
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Truist Financial Corp lessened its position in shares of Hologic, Inc. (NASDAQ:HOLX – Free Report) by 11.1% during the 1st quarter, Holdings Channel reports. The institutional investor owned 148,687 shares of the medical equipment provider’s stock after selling 18,657 shares during the quarter. Truist Financial Corp’s holdings in Hologic were worth $11,999,000 at the end
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Barclays PLC cut its position in shares of Bio-Techne Co. (NASDAQ:TECH – Free Report) by 30.5% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 137,243 shares of the biotechnology company’s stock after selling 60,285 shares during the period. Barclays PLC’s holdings
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Getty Images PNC Financial, Citizens Financial, M&T Bank — Regional bank stocks were broadly under pressure Tuesday after Moody’s downgraded the credit in several smaller institutions. The ratings agency also said some larger banks were under review for a downgrade. Shares of M&T Bank and Webster Financial, which had their credit rating downgraded, fell 2%
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?? Greetings, fellow traders! Get ready for a dose of quick tips that can truly make a difference in your option trading journey. Today, we’re diving into a critical concept: the bid-ask spread. Newcomers, pay attention, as this understanding can save you from pitfalls. Seasoned traders, you might still uncover valuable insights. Don’t forget, tradersfly.com
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People walk by electric truck maker Rivian’s newly opened storefront in the Meatpacking District of Manhattan, New York City, June 23, 2023. Spencer Platt | Getty Images Check out the companies making headlines after hours. Rivian Automotive — Rivian Automotive dipped about 2.5% in extended trading. The decline comes even after the electric automaker beat
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The ongoing electric vehicle revolution provides plenty of opportunities for investors. Whether it’s electric car producers, battery manufacturers, software providers, EV charging stocks, or lithium mining companies, there are myriad ways to play growth in this space. However, it’s increasingly my view that many EV charging companies may be better valued and better positioned for
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By now, you’ve likely heard about ongoing strikes affecting entertainment stocks. After actors joined the writer picket lines, most entertainment stocks fell sharply. The fallout was broad, affecting legacy media franchises and streaming platforms alike. But continuing strikes aren’t all that’s suppressing entertainment stocks, and the future is bleak for legacy companies reliant on cable
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Commerce Bank lessened its stake in Skyworks Solutions, Inc. (NASDAQ:SWKS – Free Report) by 12.6% during the 1st quarter, HoldingsChannel.com reports. The fund owned 6,950 shares of the semiconductor manufacturer’s stock after selling 1,001 shares during the period. Commerce Bank’s holdings in Skyworks Solutions were worth $820,000 as of its most recent filing with the
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