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Regional bank stocks: 'There is reason for concern' strategist says

· 08.02.2024 · 01:51:13 ··· Donnerstag ⭐ 0 🎬 0 📺 Yahoo Finance
Earnings performances have perpetuated beliefs there are still "haves and have not" companies, according to Roundhill Investments Chief Strategy Officer Dave Mazza, who includes the Magnificent Seven components in his summary of fourth-quarter earnings winners.
Mazza joins Yahoo Finance to break down what he is seeing in earnings trends as tech stocks fly high on AI drivers.
"You can choose really two companies in any sector and say who's done it right and who's done it well, and really what investors are focusing here is on that efficiency," Mazza says. "It's a sad thing to say, but companies that have embarked on layoffs are being rewarded by the market because it's improving their profit margins and the like. To me, it's not clear that it's all clear on the earnings side, but we are seeing some companies really put up some strong numbers.
#youtube #bank #stockmarket
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