Reported 15 days ago
Regional bank stocks showed mixed results after quarterly earnings, with Citizens Financial and First Horizon beating estimates, but First Horizon's shares fell nearly 9%. PNC's commercial deposits growth affected its net interest margins. Meanwhile, Apple introduced its M5 chip for various products, promising enhanced capabilities as the holiday season approaches. Abbott Laboratories lowered its earnings guidance amid an investigation impacting the medical device sector but reported quarterly sales aligning with expectations.
Source: YAHOO