No Interest Rate Cuts for Now: Time to Reassess Your BAC Investment?
ZACKS· 2025-06-16 14:21
Key Takeaways BAC expects net interest income to rise every quarter in 2025, reaching up to $15.7B in Q4. Higher loan demand, solid deposits and cautious Fed policy support BAC's NII growth outlook. Investment banking fees may fall over 20% in Q2 amid tariff-driven deal-making slowdown.Bank of America (BAC) is one of the most interest rate-sensitive among big banks. So, when the Federal Reserve lowered the interest rates by 100 basis points last year, the company’s net interest income (NII) benefited from ...
Schwab's Total Client Assets Rise Y/Y in May, Stock Down 1.3%
ZACKS· 2025-06-16 14:16
Key Takeaways Shares of Charles Schwab (SCHW) declined 1.3% following the release of its monthly activity report for May 2025. The company's total client assets were $10.35 trillion, up 12.4% from May 2024 and 4.6% from April 2025. Client assets receiving ongoing advisory services were $5.24 trillion, growing 12.6% from the year-ago period and 3.9% from the prior month. SCHW's May Performance Breakdown SCHW's core net new assets of $35 billion in May 2025 surged 12.5% from the prior-year month and jumped si ...
Applied Digital's Cloud Services Business Divestment Looks Promising
ZACKS· 2025-06-16 14:16
Key Takeaways Applied Digital (APLD) announced its plan to sell its cloud services division — about one-third of its FY2025 revenues — in April to sharpen its focus on becoming a pure-play data center REIT. This pivot reflects strategic and financial advantage: Customer Conflicts & Market Positioning: The company's cloud unit was increasingly seen as a competitor by potential hyperscale customers, complicating its primary leasing business for HPC/data-center infrastructure. Tightening Capital Models: Divest ...
4 Resilient Consumer Product Stocks to Monitor in a Challenging Market
ZACKS· 2025-06-16 14:16
Companies within the Zacks Consumer Products – Staples industry are navigating a challenging consumer environment. Elevated living costs are putting pressure on household budgets, leading to cautious consumer spending and affecting industry-wide sales. At the same time, many consumer goods companies are dealing with rising raw material prices and increased selling, general and administrative (SG&A) expenses. However, demand for essential consumer products remains strong. Industry leaders like Colgate-Palmol ...
Celestica vs. Flex: Which EMS Stock Has Better Growth Potential?
ZACKS· 2025-06-16 14:16
Key Takeaways Celestica Inc. (CLS) and Flex Ltd. (FLEX) are two leading players in the electronics manufacturing services (EMS) industry. Celestica is one of the largest EMS companies in the world, primarily serving original equipment manufacturers, cloud-based and other service providers, and business enterprises across several industries. It offers a comprehensive range of manufacturing and supply-chain solutions that support various customer requirements, from low-volume, high-complexity custom products ...
5 Large Drug Stocks That Are Poised to Ride on Sector Recovery
ZACKS· 2025-06-16 14:11
The sky-high tariffs imposed by the United States and retaliatory tariffs by China and some other countries hurt global stock markets in April. With the massive tariffs imposed by the United States and China currently on a pause, the markets recovered slightly. However, this is only a temporary suspension. The uncertainty around tariffs and trade production measures remains, which has muted economic growth.However, amid the broader macro uncertainty, the drug and biotech sector seems to have recovered in th ...
EOG Resources (EOG) Soars 3.9%: Is Further Upside Left in the Stock?
ZACKS· 2025-06-16 14:11
EOG Resources (EOG) shares rallied 3.9% in the last trading session to close at $125.28. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 4.1% gain over the past four weeks.The surge can be attributed to a broader gain on crude prices, which closed almost 7% higher in the previous trading session. The rise in crude prices was due to geopolitical tensions in the Middle East, particularly the conflict between Ir ...
Under $5 and Down 20% YTD, Is NIO Stock a Bargain Buy Now?
ZACKS· 2025-06-16 14:11
Key Takeaways NIO delivered 42,094 vehicles in Q1 2025, up 40.1% year over year, with higher deliveries expected in Q2. New models like ES6, EC6, ET5 and ET5T, plus sub-brands ONVO and Firefly, are fueling sales growth. NIO's margin growth lags rivals, with breakeven elusive amid fierce EV price wars and competition in China.NIO Inc. (NIO) is a notable name in the Chinese EV market with several growth drivers in place. Vehicle deliveries are rising, new models are being rolled out, its battery swap techno ...
TOST Stock Rises 19% in Three Months: Time to Hold or Make an Exit?
ZACKS· 2025-06-16 14:11
Key Takeaways TOST stock gained 19% in 3 months, outperforming the S&P 500 and nearing its 52-week high of $45.56. Declining GPV per location and rising operating costs pose near-term profitability concerns for TOST. Stretched valuation and intensifying competition may limit TOST's upside despite recent market momentum.Toast, Inc. (TOST) shares have gained 19.2% in the past three months, outperforming the Internet Software market and the Zacks Computer & Technology sector’s growth of 12.5% and 9.7%, respe ...
Standard Motor Products, Inc. Named One of America's Greatest Workplaces 2025
Prnewswire· 2025-06-16 14:09
NEW YORK, June 16, 2025 /PRNewswire/ -- Standard Motor Products, Inc. (NYSE: SMP), a leading automotive parts manufacturer and distributor, has been recognized as one of Newsweek's America's Greatest Workplaces 2025 and was also named one of America's Greatest Workplaces in Manufacturing. These lists recognize the greatest workplaces in the United States based on their performance on a range of metrics from the perspective of employees, including corporate culture, working conditions, and other aspects of t ...