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Capital One Financial

All articles tagged with #capital one financial

finance2 years ago

"Billionaires' Top Dividend Stocks for Monthly Retirement Income"

Billionaire investors Warren Buffett and Ray Dalio added millions of shares of Capital One Financial and AT&T to their portfolios in the second quarter. Capital One Financial, currently trading at a low price-to-earnings ratio, offers a 2.3% dividend yield and has the potential for market-beating gains in the long term. AT&T, despite recent disappointments, has transformed into a telecom company and is expected to see rising profits. With a high dividend yield and steady subscriber growth in mobile and fiber internet, buying shares of AT&T at its low valuation could be a smart move.

business2 years ago

"American Express: Q2 Earnings Beat, Profit Rises, but Shares Fall"

American Express slides 3% after reporting smaller-than-expected revenue for Q2, while AutoNation beats expectations but sees a 3% drop in shares. Sunnova Energy sheds 2% after being downgraded by BMO, CSX falls 4% as it misses revenue expectations, and Capital One Financial rises slightly after posting better-than-expected earnings but missing revenue expectations. PPG Industries declines 2% despite strong Q2 results, and Intuitive Surgical falls 4% due to weaker-than-expected systems revenue. Knight-Swift Transportation drops over 2% after reporting lower-than-expected earnings and issuing weak guidance, while Scholastic rises 6% after beating earnings-per-share expectations and announcing an increase in share repurchase amount.

finance2 years ago

Debt ceiling talks and market updates: Dow Jones losses worsen while Warren Buffett buys bank stock.

The Dow Jones Industrial Average fell as Home Depot disappointed investors with its latest report. Berkshire Hathaway bought shares in Capital One Financial despite the banking crisis. House Speaker Kevin McCarthy blasted President Joe Biden ahead of their debt ceiling meeting. The Nasdaq fell 0.2% as indexes faded in late trading. Advanced Micro Devices, Rambus, and GMS all tested entries. Treasury Secretary Janet Yellen warned Monday the U.S. could become unable to pay its bills as soon as June 1 if Congress doesn't act.

business2 years ago

Market Movers: Micron, Pioneer Natural, Tesla, and More

Micron Technology's shares jumped over 6% after Samsung Electronics announced plans to cut memory chip production, which could accelerate a recovery in the memory chip industry. Pioneer Natural Resources' stock rose 7% after reports that Exxon Mobil held informal talks to acquire Pioneer. Tesla's stock fell nearly 2% after announcing plans to build a "megapack" battery factory in Shanghai and cut vehicle prices again. Capital One Financial's shares fell over 4% after Walmart moved to end its credit card partnership. Taiwan Semiconductor Manufacturing's US-listed shares fell nearly 1% after the company reported a monthly drop in revenue.