The Gallup poll coincides with fresh worries about regional banks.
Banking: Western Alliance rises off lows for the day as bank denies it is pondering a sale
Bank says “not a single element” of a story about hiring an M&A adviser is true, but trading was halted after stock fell below its 2005 IPO price of $22 a share.
Earnings Results: Paramount slashes dividend nearly 80%, stock plummets toward worst day on record
Paramount Global Inc. will slash its quarterly dividend to 5 cents a share from 24 cents a share, the media giant announced Thursday.
Earnings Results: Shopify’s stock heads for best day yet as company gets set for ‘significant pivot’
Shares of Shopify Inc. were rocketing 27% in Thursday trading after the e-commerce company announced the planned sale of its logistics business.
Earnings Results: Royal Caribbean stock rallies after big bottom-line beat, as consumers spend more on experiences
“Leisure travel continues to strengthen as consumer spend further shifts towards experiences,” CEO Jason Liberty said.
: ‘COVID is not going away’: Moderna posts surprise quarterly profit as it looks to fall vaccinations
Company aims to take a ‘sizable share’ of a $30 billion global respiratory vaccine market
: After Nasdaq delisting, Bed Bath & Beyond’s stock jumps on OTC debut
The stock, which had traded under the ticker BBBY on the Nasdaq, is trading over the counter under the ticker BBBYQ.
The Ratings Game: Qualcomm stock falls as backed up Apple iPhone inventory contributes to weak outlook
Qualcomm shares dropped Thursday after Wall Street digested a surprise weakness in sales to Apple for its iPhone and margin lows not seen in nearly 3 years.
Banking: Bank stocks drop again as PacWest free fall ‘feeds that narrative’ of weakness despite a ‘fundamentally sound’ business
Western Alliance, PacWest and First Horizon posted deep losses as jitters around regional banks persisted a day after the Federal Reserve hiked interest rates.
Earnings Outlook: Apple earnings: What to expect from the iPhone maker
Spending on consumer electronics has been shaky, but the industry lion is about to show how it has fared.
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