Top Stories - Spark Newswire

2 minute read

SPY Plunges As Investors Fear SVB Collapse Isn’t The End Of Bank Failures, Jobs Numbers Fan The Flames

Today, 11:50 AM

The SPDR S&P 500 (NYSE: SPY) took another beating on Friday, sliding about 1.7% after dropping over 2% on Thursday amid fear surrounding the banking industry and jobs numbers

SPY

2 minute read

Biden’s Proposed Tax Hikes On Corporations And The Wealthy: What Investors Need To Know

By Wayne Duggan

Today, 11:50 AM

President Joe Biden unveiled his new tax plan this week, and investors have been digging into the proposal to determine just how they might be impacted.

SPY

3 minute read

Short Seller Who Predicted FTX, Silvergate Capital Collapses And Shorted SVB Financial Has New Banking Target: ‘A Worldwide Money Laundering Story’

By Chris Katje

Today, 11:50 AM

The short seller who famously predicted the collapse of FTX and Silvergate Capital Corporation (NYSE: SI) has more stocks to call out and warn investors about.

CVNA

1 minute read

Bill Ackman Calls For Government Bailout Of Silicon Valley Bank ‘To Protect Depositors’

By Natan Ponieman

Today, 11:50 AM

Billionaire hedge fund manager Bill Ackman, head of Pershing Square Capital Management, said on Friday the government should…

SIVB

2 minute read

The Intersection Of Cannabis & Consumer Products: These Non-Cannabis Companies Are Benefiting From The Growing Industry

By Wayne Duggan

Today, 11:50 AM

Cannabis stocks have struggled in the market in recent years. But while the cannabis industry itself is still struggling to gain ground on the regulatory front, plenty of companies outside the industry are benefitting from the rising popularity of cannabis products.

AMZN

2 minute read

Sabotaging The Merger: Activision Exec Accuses Sony CEO Of Refusing ‘Call Of Duty’ Deal

By Franca Quarneti

Today, 11:50 AM

Regulators continue to scrutinize Microsoft's (NASDAQ: MSFT) proposed $69 billion acquisition of Activision Blizzard (NASDAQ: ATVI) more than a year after the deal was first announced.

ATVI

2 minute read

Sunrun Down Over 10% On Silicon Valley Bank Exposure: What Other Companies Are Exposed?

By AJ Fabino

Today, 11:50 AM

Shares of Sunrun Inc (NASDAQ: RUN), the largest residential solar developer in the U.S, fell by as much as 15% on Friday as a result of the news that Silicon Valley Bank has been closed by the

CMRX

2 minute read

The Bull And Bear Case For Apple: Expert Analysis

By AJ Fabino

Today, 11:50 AM

Needham & Co on Friday issued a company update to investors discussing its Bull and Bear cases for Apple Inc (NASDAQ: AAPL).

AAPL

3 minute read

EXCLUSIVE: Jim Cramer Recommended SVB Financial In February, An Example Of ‘His Reverse Midas Touch’

By Chris Katje

Today, 11:50 AM

SVB Financial Group (NASDAQ: SIVB)-owned Silicon Valley Bank — which was shut down by California regulators Friday and taken over by the Federal Deposit

2 minute read

FDIC Takes Over Silicon Valley Bank: Here Are The Details

By Anthony Noto

Today, 11:50 AM

Silicon Valley Bank has been closed Friday by the California Department of Financial Protection and Innovation, and the Federal Deposit Insurance Corporation has been appointed as the bank's receiver.

JPM