Visa, Blue Owl in gainers; Mastercard, insurance stocks among losers: week's financials wrap
Financial stocks rose as the Federal Reserve maintained its interest rate target, with Visa leading gains at 6.01% after strong earnings and a new buyback program. Mastercard fell 1.73% despite better-than-expected Q1 results. Franklin Resources topped largecap gainers at 10.03%, while Robinhood and insurance stocks like Lemonade saw significant declines. Bitcoin-related stocks surged amid rising Bitcoin prices, with Twenty One Capital gaining 14.62%. Overall, the week reflected mixed earnings impacts across various sectors.
Source: businessinsider The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments