Previous Close | 98.71 |
Open | 98.07 |
Bid | 98.42 x 1000 |
Ask | 98.35 x 1300 |
Day's Range | 96.40 - 98.29 |
52 Week Range | 81.43 - 170.83 |
Volume | |
Avg. Volume | 69,248,703 |
Market Cap | 1.012T |
Beta (5Y Monthly) | 1.25 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -0.27 |
Earnings Date | Apr 26, 2023 - May 01, 2023 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 133.68 |
The current environment in the banking industry has left a lot of investors concerned and confused. Bank stocks generally do well when interest rates are rising, particularly when the economy is not in a recession. In recent weeks, three banks -- SVB Financial's Silicon Valley Bank, Signature Bank, and Silvergate Capital -- have failed or collapsed.
Cloud computing improves operational efficiency by providing on-demand access to infrastructure, platform, and software services. In fact, consultancy Future Market Insights estimates that cloud services revenue will grow at an average rate of 21% annually to reach $4.4 trillion by 2033. Cloudflare (NYSE: NET) and Amazon (NASDAQ: AMZN) are both well positioned to benefit from that growth.
Warren Buffett isn't beating the market so far in 2023. Berkshire Hathaway's (NYSE: BRK.A) (NYSE: BRK.B) stock performance lags well behind the S&P 500. However, it's a much different story for some of Berkshire's holdings.