Top Stories - Spark Newswire

2 minute read

Tesla Shares Downgraded On ‘Macro Challenges’: How The Collapse Of SVB Financial Could Impact EV Leader

Today, 10:36 AM

An analyst is downgrading shares of electric vehicle leader Tesla Inc (NASDAQ: TSLA), and the fallout from the collapse of several banks is one reason why.

SIVB

2 minute read

Regional Bank Analyst Slashes Price Targets Across The Board: ‘Interest Rates Pose Significant Risk’

By Wayne Duggan

Today, 10:36 AM

The SPDR S&P 500 ETF Trust (NYSE: SPY) stabilized Monday, but extreme volatility among U.S.

ALLY

2 minute read

Goldman Sachs Experts Explain Why Most Banks Don’t Share SVB’s Vulnerabilities: ‘The Takeover Neutralized Risk Of Contagion’

By Natan Ponieman

Today, 10:36 AM

On Friday, the U.S. federal government stepped in to take over Silicon Valley Bank (NASDAQ:SIVB) in an effort…

BAC

2 minute read

Ackman On Regional Banks: ‘I’d Be Surprised If Warren Isn’t Putting Capital To Work’

By AJ Fabino

Today, 10:36 AM

Billionaire investor and Pershing Square Capital Management CEO Bill Ackman has never been one to shy away from offering advice to the federal government or fellow investors.

CMA

2 minute read

Expectations For 0.5% Interest Rate Hike Vanish Ahead Of Critical CPI Data Expected To Shape Fed Decision

By Adam Eckert

Today, 10:36 AM

The Federal Reserve will have to weigh cross currents when it considers the magnitude of its next rate hike, and an all important indicator is due this week.

SIVB

2 minute read

How Have Bank Failures Impacted The Outlook For Interest Rates?

By Wayne Duggan

Today, 10:36 AM

In February, the U.S. Federal Reserve raised its target Fed funds rate by 0.25% to a new target range of between 4.5% and 4.75% as it attempts to get inflation under control.

SBNY

3 minute read

Etsy Struggles To Pay Sellers Due To Silicon Valley Bank Ties: ‘I’m Confused And Concerned’

By Chris Katje

Today, 10:36 AM

E-commerce platform Etsy Inc (NASDAQ: ETSY) is the latest public company to chime in on the impact of the collapse of SVB Financial (NASDAQ:

ETSY

3 minute read

Why Silicon Valley Bank Collapsed: A Simple Explainer

By Adam Eckert

Today, 10:36 AM

Almost everyone has heard by now that one of the biggest banks focused on serving startups and innovative tech companies collapsed in a matter of days, but a lot of things played into its eventual destruction.

SIVB

4 minute read

Are EVs As Clean As You Think? US Still Has A ‘Dirty Grid’ Problem, But Solar Set To Clear The Air

By Natan Ponieman

Today, 10:36 AM

The electric vehicle industry has become a focal point in a global plan to reduce humanity's dependence on fossil fuels. Everyone wants cleaner cars that ride on cheaper power, but does everyone know where that power is coming from or how it's generated?

BYDDY

2 minute read

Cathie Wood Issues Fed A Warning Over SVB Failure, Touts Crypto: ‘Not Surprised That #BTC and #ETH Appreciated’

By Melanie Schaffer

Today, 10:36 AM

Ark Invest founder and CEO Cathie Wood believes the bond market is “demanding” the Federal Reserve must relax its hawkish policy in the wake of SVB Financial Group’s (Silicon Valley Bank) failure&nbs

SIVB