Top Stories - Spark Newswire

2 minute read

Elon Musk Says ‘Foolish’ Fed Rate Hike Will ‘Worsen Depositor Flight’

March 22, 9:55 PM

Tesla CEO Elon Musk criticized the Federal Reserve's rate hike, saying it will accentuate depositor flight which is a major headache for policymakers and the banking industry in the wake of the ongoing crisis.</

$DOGE

2 minute read

Tesla, Coinbase, Chewy, JATT Acquisition, Manchester United: Why These 5 Stocks Are Drawing Investors’ Attention Today

By Bhavik Nair

March 22, 9:30 PM

Major Wall Street indices closed over 1.6% lower on Wednesday afterÂ Federal ReserveÂ signaledÂ it might soon pause future interest rate…

CHWY

2 minute read

Silicon Valley Bank CEO Sold $3.6 Million In Stock And Could Be Hiding In Hawaii Now

By Chris Katje

March 22, 7:04 PM

One of the banks at the center of the financial crisis of March 2023 saw several insiders sell shares before the bank had a run on withdrawals and was taken over by regulators. The CEO of that bank left his home state fairly quickly.

SIVB

2 minute read

Janet Yellen’s Comments Fail To Calm Investors As First Republic Stock Remains Volatile

By AJ Fabino

March 22, 6:02 PM

Growing concerns about the safety of bank deposits have prompted investors to approach community and regional banks with caution.

FRC

2 minute read

Biting The Hand That Feeds You: Google’s AI Bot Bard Attacks Its Maker

By Bibhu Pattnaik

March 22, 5:46 PM

After years of development, on Tuesday, Alphabet Inc's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google opened public access to its much-hyped AI chatbot.

GOOG

2 minute read

Fed Takes Another Swing At Inflation With Second Consecutive 0.25% Rate Hike

By Adam Eckert

March 22, 2:14 PM

The SPDR S&P 500 (NYSE: SPY) is volatile Wednesday afternoon following the Federal Reserve's decision to raise rates another 0.25%, marking its ninth straight rate increase.

SPY

1 minute read

Shiba Inu Knockoff On Arbitrum Surges 42%, Leaving Dogecoin In The Dust

By Mehab Qureshi

March 22, 3:39 AM

Shiba Inu (CRYPTO: SHIB) knockoff ArbInu (CRYPTO: ARBINU) based on the Arbitrum blockchain is up 42% in the last 24 hours, outperforming Dogecoin (CRYPTO: DOGE) and other top meme coins.

$DOGE

2 minute read

GameStop ‘Much Healthier Business Today’ Than At Start Of 2021: CEO

By Shivdeep Dhaliwal

March 22, 1:00 AM

GameStop Corporation (NASDAQ: GME) CEO Matt Furlong said at the company’s fourth-quarter earnings

GME

2 minute read

First Republic Bank Rescue Deal May Depend On Government Entering The Picture: Report

By Bhavik Nair

March 21, 11:20 PM

Wall Street leaders and U.S. authorities conducting talks on intervention at First Republic Bank (NYSE:FRC) are reportedly considering the possibility of government backing to encourage a deal.

FRC

3 minute read

Bitcoin Holds $28K Fort, Ethereum, Dogecoin Rise: Analyst Sees ‘Beautiful’ Setup For Apex Crypto As Focus Turns To Fed

By Mehab Qureshi

March 21, 10:36 PM

Major cryptocurrencies traded in the green on Tuesday evening as the Federal Reserve began its two-day Federal Open Market Committee monetary policy meeting to decide whether to raise interest rates.

$DOGE