Silicon Valley Bank Can’t Raise Cash, Opts For A Sale
SVB Financial Group (NASDAQ: SIVB) is for sale.
Rising Interest Rates Squeeze Regional Bank Stocks: ‘Banks Could Be Forced To Liquidate’
The shocking downfall of SVB Financial Group (NASDAQ: SIVB) has stolen the spotlight in the banking sector this week, but the banking industry's woes may be much more serious than
3 Economists React To February Jobs Report: 50-Basis-Point Interest Rate Hike ‘Still On The Table’ For Fed
U.S. payrolls soared by 311,000 in February, maintaining a strong pace despite recent interest rate hikes aimed at dampening demand.
Church & Dwight, A. O. Smith, Illumina And This US Bank Are CNBC’s ‘Final Trades’
On CNBC’s "Halftime Report Final Trades," Joseph Terranova of Virtus Investment Partners said Church & Dwight Co., Inc. (NYSE: CHD) has consolidated the recent gains and is likely
Job Market Stays Hot, Unemployment Ticks Higher: US Adds 311K Jobs In February, Exceeding Economist Expectations
The U.S. added 311,000 jobs last month, well above average economist estimates of 200,000 jobs.
Michael Burry Drops Cryptic Tweet: ‘Possible Today We Found Our Enron’
The Big Short fame Michael Burry, who is notorious for putting out market-sensitive cryptic tweets and then deleting them, is at it again.
US Stocks Poised To Open Lower After Thursday’s Plunge: Can Jobs Data Help Reverse Sentiment?
Trading in the U.S. index futures suggests stocks could extend their sell-off on Friday, although the jobs report due ahead of the market open could change the entire complexion depending on how the numbers shape up.
Cues From Thursday’s Trading:
Tesla’s Pricier EVs Get ‘Ultra Red’ Touch With Lighter, Clearer Glass Roofs
Elon Musk‘s Tesla Inc. (NASDAQ:TSLA) on Thursday announced more updates for its pricier electric cars, including an “Ultra-Red”…
Bitcoin Tumbles Below $20K, Crypto Liquidations Cross $300M As Fear Grips Market
Crypto traders suffered a staggering $308 million in liquidations over the past 24 hours as markets took a hit following news that crypto-friendly bank Silvergate Capital Corp (NYSE: SI)
Fed Assembling Special Crypto Squad As Silvergate Collapse Unnerves Investors
Michael Barr, the Federal Reserve's Vice Chairman for Supervision, said the central bank is taking action to protect the cryptocurrency sector, with the formation of a "specialized team of experts.”