Federal Reserve Board Vice Chair for Supervision Michael Barr testifies before a House Financial Services Committee hearing on the response to the recent bank failures of Silicon Valley Bank and Signature Bank, on Capitol Hill in Washington, March 29, 2023.The Federal Reserve said Wednesday that the biggest banks operating in the U.S. would be able to withstand a severe recession scenario while maintaining their ability to lend to consumers and corporations.Each of the 31 banks in this year's regulatory exe ...

Wagering on the top blue-chip stocks to buy on the dip might be the best way to play the current stock market trends.Blue-chip stocks typically offer a superb blend of reliability and growth potential,making them no-brainer bets for the long haul. Moreover, these stocks havebecome household names with underlying businesses that have stood the test of time. Additionally, their outperformance is shown by the Fidelity Blue Chip Growth ETF (NYSEMKT:FBCG) which has grown over 35% in the past three years, outperf ...

American Express Company (AXP) recently agreed to acquire Tock from Squarespace, Inc. (SQSP) for $400 million cash. Tock offers reservation, table management and event ticketing solutions to around 7,000 outlets, which is expected to complement AXP’s Resy business (acquired in July 2019).This will likely help customers with reservations at high-end restaurants and exclusive venues. Per the agreement, AmEx and Squarespace will also collaborate to provide additional value to small businesses using American Ex ...

After displaying relative strength in the first quarter, the financial sector and the Financial Select Sector SPDR ETF NYSE: XLF have underperformed in the second quarter, with the popular financial ETF down 1.4% for the period. Several weeks ago, a double top pattern seemed all but confirmed for the ETF. However, after weeks of consolidating, the XLF might be setting up for a bullish move and potential outperformance in Q3. Notably, the ETF has reclaimed critical simple moving averages (SMAs) like the 50-d ...

Blue-chip stocks to buy offer stability now and steady financial growth for the future. These corporations are household names that are likely to rise in the long run. While stocks carry more risk than leaving your money in the bank account, these same investments are also likely to keep up with inflation and generate more returns than the interest you would have made from the bank. Investors can opt for an index like the S&P 500 or the Nasdaq Composite, but it is possible to outperform both of these benchm ...

Wall Street analysts do a lot of research before making stock recommendations and assigning price targets. They also have extensive history with navigating various booms and busts within the stock market and across individual sectors.While you shouldn’t buy a stock just because a Wall Street analyst likes it, knowing how they drew their conclusions can help investors understand bullish and bearish narratives for any stock. Some Wall Street analysts like stocks because they have strong momentum and are gener ...

The latest trading session saw American Express (AXP) ending at $230.21, denoting a +0.39% adjustment from its last day's close. The stock's performance was ahead of the S&P 500's daily loss of 0.25%. Elsewhere, the Dow saw an upswing of 0.77%, while the tech-heavy Nasdaq depreciated by 0.79%.The credit card issuer and global payments company's shares have seen a decrease of 4.49% over the last month, not keeping up with the Finance sector's loss of 1.89% and the S&P 500's gain of 3.59%.The investment commu ...

If you’ve been one of the people looking for tech stocks to buy in the past two years, you’re likely quite happy with your portfolio’s performance. I wrote an article in late 2022 titled “25 Tech Stocks to Buy Before They Take Off in 2023.” Almost all of these tech stocks have been standout performers, even more so than I would have expected back then.Of course, we are at the cusp of an inflection point since the Federal Reserve will likely cut rates in the months ahead. However, there is still time for the ...

Dividend stocks attract many investors due to their passive income. It doesn’t take much effort to generate steady cash flow from these investments. You just have to find attractive dividend stocks, collect the dividends, and hold onto your winners.Time in the market beats timing the market. Some dividend stocks keep on giving, with elevated dividend growth rates and rising profits. While some investors look at price fluctuations to determine whether to buy or sell stocks, it makes more sense to hold onto l ...

Olivier Le Moal In this series of articles, we focus on selecting and highlighting stocks that have rapidly grown their dividends in the recent past. We also need to ensure that these stocks will likely grow their earnings at a fast pace in the next few years. Due to their hypergrowth, their price generally grows quickly, and they usually do not pay very high current yields. With high-growth stocks, we need to be content with a lower current yield. However, please keep in mind that nothing is permanent, ...