Top Stories - Spark Newswire

2 minute read

Silicon Valley Bank Employees Offered 45 Days Of Employment At 1.5 Times Pay Following Collapse

Today, 11:26 AM

Employees of Silicon Valley Bank — a subsidiary of SVB Financial Group (NASDAQ:SIVB) — have reportedly been offered 45 days of employment at 1.5 times their salary following the collapse o

SIVB

2 minute read

FDIC To Begin Returning Some Uninsured SVB Deposits As Soon As Monday: Report

By Bibhu Pattnaik

Today, 11:26 AM

The Federal Deposit Insurance Corporation (FDIC), overseeing the emergency breakup of SVB Financial Group (NASDAQ:

SIVB

2 minute read

‘Rich Dad, Poor Dad’ Author Says You Should Invest In These Two Assets Amid Silicon Valley Bank’s Collapse

By Bibhu Pattnaik

Today, 11:26 AM

In the wake of the collapse of Silicon Valley Bank, a subsidiary of SVB Financial Group (NASDAQ: SIVB), and

2 minute read

Tech Investor Warns Of 2 Potential Systemic Risks From SVB Implosion; Fed Needs To ‘Bearhug The Situation’

By Shanthi Rexaline

Today, 11:26 AM

Delving into the collapse of SVB Financial Group’s (NASDAQ: SIVB) Silicon Valley Bank, former PayPal executive, tech investor and entrepreneur David Sacks said he sees two adverse outcomes of the crisis.

SIVB

2 minute read

Crypto Analyst Issues Dreadful Warning About Bitcoin’s Latest Performance

By Bibhu Pattnaik

Today, 11:26 AM

Bitcoin (CRYPTO: BTC) may be in for a rude awakening.

BTC

2 minute read

Meta Plans More Layoffs In Key Projects, Likely To Match Job Cut Numbers From 2022: Report

By Bibhu Pattnaik

Today, 11:26 AM

Meta Platforms Inc (NASDAQ: META) is planning more job cuts in several rounds over the coming months.

Bill Ackman Says Government Has 48 Hours To Fix The SVB Mess: ‘A Soon-To-Be-Irreversible Mistake’

By Shanthi Rexaline

Today, 11:26 AM

Following the collapse of Silicon Valley Bank, owned by its holding company SVB Financial Group (NASDAQ: SIVB), hedge fund manager Bill Ackman called for immediate action from the

BAC

3 minute read

Crypto Companies Reveal Exposure To Silicon Valley Bank Following Historic Collapse

By Bibhu Pattnaik

Today, 11:26 AM

Crypto companies and investors are among those impacted by the latest collapse of Silicon Valley Bank (NASDAQ: SIVB), which has sent te

5 minute read

SVB’s Implosion Gets Wall Street Talking: Cuban, Ackman, Chanos, Burry, Schiff And Krugman Respond

By Shanthi Rexaline

Today, 11:26 AM

The collapse of Silicon Valley Bank, which is held by SVB Financial Group (NASDAQ: SIVB) has sent shock waves across the markets.

JPM

3 minute read

Tesla Stock Falls, Ford F-150 Lightning Recall, And More: Biggest EV Stories Of The Week

By Shanthi Rexaline

Today, 11:26 AM

The week was marred by negative headlines surrounding electric vehicle companies, and, unsurprisingly, a number of EV stocks ended deep in the red. Here are several key events that happened during the week: