Snap Stock Crashed 20% After Earnings; Was the Fall Justified?

Snap (NYSE: SNAP) reported a year-over-year decrease in revenue in its latest earnings report. Finance professor and Fool.com contributor Parkev Tatevosian elaborates on the severity of Snap's stock price decline following the financial release. Read More...


Why did JPMorgan Chase buy First Republic out of receivership?

You can ask why JPMorgan Chase agreed to buy the failed First Republic Bank out of regulatory receivership. But a better question might be, why not? As JPMorgan chairman and CEO Jamie Dimon explained in a company press release: “This acquisition modestly benefits our company overall, it is accretive to shareholders, it helps further advance our wealth strategy, and it is complementary to our existing franchise.”

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