Steve Gelsi's profile photo

Steve Gelsi

New York

Senior Reporter, Banking and Cannabis at MarketWatch

Staff news reporter focused on banking and cannabis at https://t.co/AFy0FUotys. Ex-private equity writer at The Deal and Buyouts magazine and other stuff.

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Articles

  • 20 banks expected to increase their dividends the most following the Fed’s stress tests

    2 days ago | marketwatch.com | Philip van Doorn |Steve Gelsi

    Deep DiveMany of these banks have also boosted earnings per share through large stock buybacks over the past yearPublished: June 26, 2025 at 9:42 a.m. ETWells Fargo is expected to increase its dividend on common shares by more than 11% after the Federal Reserve announces results of its annual bank stress tests. Photo: Getty ImagesWells Fargo & Co., Goldman Sachs Group Inc. and Bank of New York Mellon Corp.

  • These defense stocks offer the best growth prospects, as the Israel-Iran conflict fuels new interest in the sector

    2 weeks ago | marketwatch.com | Philip van Doorn |Steve Gelsi

    Deep DiveRTX’s stock gains 1.3% on top of a 22% year-to-date rise, but other sector stocks offer stronger revenue-growth prospectsPublished: June 13, 2025 at 10:16 a.m. ETLockheed Martin’s stock is rising Friday after Israel attacked Iran. Photo: justin tallis/Agence France-Presse/Getty ImagesArcher Aviation Inc., Rocket Lab Corp. and Axon Enterprise Inc.

  • eToro wins analyst praise for user-friendly trading, but the stock gets mixed reviews

    2 weeks ago | marketwatch.com | Steve Gelsi

    The Ratings GameEToro wins a pair of bullish ratings, while two other analysts are neutral on the stock after the online broker went public on May 14Published: June 9, 2025 at 8:39 a.m. ETeToro business of online brokerage services for cryptocurrencies and stocks is particularly strong in Europe. Photo: thomas samson/Agence France-Presse/Getty ImageseToro Group Ltd.

  • Circle's stock is having another big day. What the blockbuster IPO has meant for other cryptocurrency plays.

    3 weeks ago | morningstar.com | Steve Gelsi

    By Steve Gelsi Recap of recent trading reveals strong performance from crypto-related stocks, which have outperformed bitcoin on the week Stablecoin issuer Circle Internet Group Inc.'s stock stayed hot on Friday, in its second session of trading, and helped sparked gains in shares of other cryptocurrency-related companies.

  • Circle’s stock is having another big day. What the blockbuster IPO has meant for other cryptocurrency plays.

    3 weeks ago | marketwatch.com | Steve Gelsi

    Market ExtraRecap of recent trading reveals a strong recent performance from crypto-related stocks, outperformed bitcoin on the weekPublished: June 6, 2025 at 1:31 p.m. ETWall Street’s bullish response to Circle Internet Group’s IPO is extending to a second day. Photo: Spencer Platt/Getty ImagesShares of stablecoin issuer Circle Internet Group Inc. stayed hot in its second session of trading on Friday and helped sparked gains in stocks in other cryptocurrency-related companies.

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SteveGelsi
SteveGelsi @SteveGelsi
4 Jun 25

RT @MarketWatch: Here’s where all of Trump’s tariffs stand https://t.co/e8KvuDS1DM

SteveGelsi
SteveGelsi @SteveGelsi
22 May 25

RT @Reuters: It happened during a meeting with South African President Ramaphosa, who visited Washington after criticism from Trump in rece…

SteveGelsi
SteveGelsi @SteveGelsi
24 Feb 25

RT @MarketWatch: Who needs a CEO? Apparently not Intel. Its stock has soared without one. https://t.co/lTEs5FAjt7