Market news

Meta Platforms’ (NASDAQ:META) newly launched Muse artificial intelligence agent has increased investor attention on online travel agencies because of the application’s ability to book travel, according to analysts at Truist. The brokerage said previously launched large language models appeared to have had a limited effect on online travel agencies’ share of bookings.

Detailed price information for Robinhood Markets Cl A (HOOD-Q) from The Globe and Mail including charting and trades.

Truist Finl (NYSE:TFC) held its second-quarter earnings conference call on Friday. Below is the complete transcript from the call. Benzinga APIs provide real-time access to earnings call transcripts and financial data.

Truist Financial Corporation is upgraded to Buy after a recent pullback, offering 14% upside and a 4.4% dividend yield. Read more on TFC stock here.

Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Truist Financial (NYSE:TFC) and the best and worst performers in the diversified banks industry.

Targa Resources Corp. (NYSE:TRGP) has been on a strong run this year, posting gains of almost 55% since the beginning of 2026. A primary driver behind the rally is the 20-year fee-based agreement that the company signed with ExxonMobil in August. Despite the stock’s substantial gains and concerns that its rally could be nearing its […]

Truist starts MiniMed (MMED) at Buy with a $29 target (~41% upside), citing new launches and diabetes tech share gains. Read more here.

The firm wants proof of a growth reacceleration before turning more positive

Truist Financial Corporation (NYSE:TFC) is selling $5.5 billion of auto loans as part of CEO Mike Lyons’ broader effort to reshape the bank around businesses that generate stronger and more consistent returns. The move follows Truist’s decision to reduce auto lending and exit certain other consumer-loan categories it considers less strategic or less profitable. The […]

Truist Bank (NYSE: TFC) today announced it will redeem all $850,000,000 principal amount outstanding of its fixed rate subordinated notes due Oct. 30, 2026, (CUSIP 07330MAA5) on the redemption date of Sept. 30, 2026.

Detailed price information for Wells Fargo & Company (WFC-N) from The Globe and Mail including charting and trades.

A number of stocks fell in the afternoon session after the Federal Reserve delivered its first rate hike in more than three years and Chair Kevin Warsh stressed that inflation risks remain elevated. According to CNBC, the Fed unanimously raised the overnight funds rate by a quarter point to a 3.75%–4% target range and signaled another hike could come this year. Stocks initially absorbed the widely expected move, then sold off during Warsh’s press conference as he said inflation is “too high, and

TFC's auto lending portfolio sale aims to sharpen its focus on higher growth areas, reduce credit losses and drive modest earnings and ROTCE accretion in 2027.

Meritage Homes (NYSE:MTH) shares declined 2. 3% in premarket trading on Wednesday after Truist Securities downgraded the US homebuilder from Buy to Hold and reduced its price target to $72 from $80.

Meritage Homes (MTH) and other homebuilders will likely need to increase buyer incentives amid eleva

Truist Financial (NYSE:TFC) reaffirmed its outlook for the current quarter and full year while announcing plans to sell $5.5 billion of near-prime auto loans and exit its Regional Acceptance Corporation, or RAC, business, Chief Financial Officer Mike Maguire said at an investor conference. Maguire

As Truist Financial implements the strategy of Chief Executive Michael Lyons, the bank is dropping near-prime auto lending, a business that it says doesn't play to its strengths.

Truist Financial (TFC) has fully rolled out AI Call Summaries across its care centers, using generative tools to turn client calls into structured notes within seconds and significantly reducing post-call documentation time. Recent price action has been softer, with Truist Financial's share price declining 3% over the past week and 5.65% over the past month. A 90-day share price return of 1.97% and a 1-year total shareholder return of 16.67% indicate that short-term momentum has cooled, while...

Truist Financial (NYSE:TFC) has rolled out AI-generated call summaries across its care centers to support client interactions and internal workflows. The bank is using generative AI to automate post-call documentation for service representatives across its support network. Truist has appointed Tory Sherman as Wealth Brokerage national director to oversee its wealth-focused brokerage operations. These moves, from AI call summaries to Sherman's appointment, fit into a wider pattern our...

Truist Financial (TFC) on Tuesday disclosed it is exiting its near-prime auto lending business, having entered into an agreement to sell $5.5B of auto loans tied to Regional Acceptance Corporation.

New CEO Mike Lyons has added “a lot of urgency and intensity” around a strategic review the bank is conducting, CFO Mike Maguire said Tuesday.

Detailed price information for Bank of America Corp (BAC-N) from The Globe and Mail including charting and trades.

TFC's fee-income growth, digital investments and capital returns support prospects, but rising costs and credit risks might hurt financials.