Banking Stocks Rally Halts on Q4 Results, Fintech Fight Heating Up
Lower than expected fourth-quarter results have reversed the banking stock bullish trend as lower interest income, credit losses, and the users' move towards fintech platforms have negatively impacted their overall performance.
GameStop Stock Looks Unstoppable, Analysts Eyeing $50
GameStop (NASDAQ: GME) stock price rallied more than 70% in the last two days alone and the short squeeze is officially on the stock. Shares are rallying at an eye-popping pace amid the digital transformation plan and a massive level of changes at the board of directors.
Tesla Ends 11-Season Winning Streak, but “EV” Buzz Is Likely to Amplify
Although Tesla stock price snaps the winning streak after rallying more than 30% in the past eleven days, the electric vehicle buzz will further amplify in the days to come as the demand is likely to substantially outpace supplies.