FC Hits All Time Low & AMZN Among Worst Nasdaq-100 Performers

First Republic (FRC) stock has fallen to an all-time low. Renita Young discusses this as all other regional bank stocks are up including PNC Financial (PNC), Fifth Third Bancorp (FITB), Comerica (CMA), and M&T Bank (MTB). She talks about how Reuters reported that First Republic (FRC) likely headed for FIDC receivership. She also goes over how the Fed released results on Silicon Valley Bank supervision and regulation. She notes that Amazon (AMZN) is among the worst performing stocks in the Nasdaq-100, as its earnings were released Thursday, April 27th with adjusted EPS came in at $0.31 and its revenue came in at $127.40B. Tune in to find out more about the stock market today.