EASTERN BANKSHARES INC (EBC)

Vanguard Portfolio Management reports beneficial ownership of 13,262,936 Eastern Bankshares shares, representing 5.73% of the common stock, with sole voting power over 126,281 shares.

US equity funds faced outflows as investors questioned tech earnings and AI spending. Funds rotated into defensive sectors and financial stocks.

Q1 revenue grew 46% and net dollar retention reached 139%, confirming that customer demand did not collapse with the stock. Gross margin fell from 91% to 79%, making AI costs and operating efficiency the central financial risk. August 5 earnings will test whether roughly 40% revenue growth ...

Apple fell after reporting earnings on Thursday evening, while Amazon jumped, even though the regular US market had already closed. The prices were not errors or unofficial guesses. Regular trading, after-hours and premarket use different pools of orders, allowing the same stock to show several ...

No opinion given in the material constitutes a recommendation by EBC or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person. ... Previous Article: Apple Beat Earnings. Why Did Its Stock Fall After 22% iPhone Growth?