WaFd Bank's Wild Ride: One Day Doesn't Change Everything

WaFd Bank stock SURGES 3.7% in a single day! Was it a fluke, or is confidence returning to regional banks after a week of turmoil? We dissect the factors behind the jump, including reassuring updates from bank CEOs and a rebounding KBW Nasdaq Regional Banking Index. Plus, we put WaFd's gains in perspective, examining its year-to-date performance and long-term investor returns. Finally, a look beyond banking: which smaller semiconductor companies could be the next big winners in the generative AI revolution?The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.