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Top 10 Bank Stocks To Watch Right Now

Coinbase Inc. (NASDAQ:COIN) apologized for falsely advertising USD Coin (CRYPTO: USDC) once again and promised that it will become fully backed by cash and Treasury bills issued by the U.S. Treasury.

What Happened: According to a Twitter thread written by Coinbase's Chief Operating Officer Emilie Choi, “starting September 2021, USDC reserves will be held in cash and short-duration US government treasuries.”

“This is the approach we want for USDC reserves,” she added.

According to recent reports, Coinbase found....More>>>

Best Bank Stocks To Watch Right Now

U.S. indices were trading lower Thursday following a drop in U.S. weekly jobless claims.

The SPDR S&P 500 ETF Trust (NASDAQ: SPY) lost 0.43% to $448.98 The Invesco QQQ Trust Series 1 (NASDAQ: QQQ) lost 0.34% to $379.47 The SPDR Dow Jones Industrial Average ETF Trust (NASDAQ: DIA) closed lower by 0.40% to $349.31

Here are the day's winners and losers from the Dow Jones, according to data from Benzinga Pro.

Nike Inc (NYSE: NKE), Boeing Co (NYSE: BA) and JPMorgan Chase & Co. (NYSE: JPM) were among the top gainers for the Dow Jones Thursday.

Coca-Cola Co....More>>>

Top Bank Stocks To Invest In 2023

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) saw a significant growth in short interest in August. As of August 31st, there was short interest totalling 56,900 shares, a growth of 289.7% from the August 15th total of 14,600 shares. Based on an average daily trading volume, of 233,300 shares, the short-interest ratio is currently 0.2 days.

AMKBY has been the topic of a number of recent research reports. DNB Markets downgraded A.P. Møller – Mærsk A/S from a “hold” rating to a “sell” rating in a research report on Thursday, July 1st. Barclays....More>>>

Top 10 Bank Stocks To Buy For 2023

Shares of Cornerstone OnDemand, Inc. (NASDAQ:CSOD) saw unusually-strong trading volume on Monday . Approximately 22,577 shares were traded during mid-day trading, a decline of 96% from the previous session’s volume of 597,788 shares.The stock last traded at $57.20 and had previously closed at $57.20.

Several analysts recently weighed in on CSOD shares. Mizuho lifted their price target on shares of Cornerstone OnDemand from $45.00 to $57.50 and gave the company a “neutral” rating in a report on Monday, August 9th. Needham & Company LLC cut shares of Cornerstone....More>>>

Top Bank Stocks To Buy For 2023

Avis Budget  (CAR)  shares jumped Thursday, after Bank of America upgraded the car rental stalwart to buy from neutral.

“Many of the macro factors driving ‘over-earning’ by the company in 2021 will likely persist well into 2022,” BofA analysts wrote in a commentary.

That includes “limited incoming vehicle supply and tight average fleet, elevated revenue per day from the ongoing supply/demand imbalance and moderated per unit fleet cost from elevated used vehicle pricing.”

So: “Combined with ongoing execution by Avis,....More>>>