Stocks making the biggest moves premarket: First Republic, JPMorgan Chase, SoFi Technologies & more

These are the stocks posting the largest moves in early trading.

— SoFi Technologies jumped 6% after the company's quarterly results topped expectations. The student loan refinancing firm reported a loss of 5 cents per share on revenue of $460.16 million. Analysts polled by Refinitiv expected a loss per share of 7 cents on revenue of $441 million.

— The semiconductor stock rose 1.2% ahead of the firm's first quarter earnings reportlater Monday. Analysts polled by Refinitiv expect a profit of $1.09 per share on revenue of $1.93 billion.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CNBC /  🏆 12. in US

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

FDIC asks JPMorgan, PNC for final First Republic bids: BloombergThe U.S. Federal Deposit Insurance Corp has asked banks including JPMorgan Chase & Co and PNC Financial Services Group to submit final bids for First Republic Bank by Sunday after gauging their initial interest earlier in the week, Bloomberg News reported.
Read more »

US FDIC asks JPMorgan, PNC for final First Republic bids - Bloomberg News By Reuters*FDIC ASKS JPMORGAN, PNC FOR FINAL FIRST REPUBLIC BIDS DUE SUNDAY $JPM $PNC $FRC
Read more »

Big banks including JPMorgan Chase, Bank of America asked for final bids on First RepublicU.S. regulators have asked banks for their best and final takeover offers for First Republic by Sunday afternoon.
Read more »

First Republic’s crisis is not an isolated incident - suggests JPMorgan execIn an April 27 Bloomberg Interview, JP Morgan Asset Management CIO, Bob Michele said that the crisis currently faced by First Republic Bank, isn’t “limited” to the bank itself, but a wider banking problem. He noted “some sort of resolution' is vital.
Read more »

PNC, JPMorgan putting in final bids for First Republic Bank in FDIC auctionRegulators have been trying to arrange a sale of First Republic over the weekend, with roughly half a dozen banks bidding, in what is likely to be the third major U.S. bank to fail in two months.
Read more »

JPMorgan Chase Agrees To Acquire First Republic Bank’s Deposits After FDIC InterventionJPMorgan Chase has agreed to assume all deposits of First Republic bank as part of a deal inked with the FDIC.
Read more »