A Look At First Republic Bank’s Chart Following SVB Financial Collapse
First Republic Bank (NYSE: FRC) slid more than 6% in the premarket on Wednesday after four days of extreme volatility.
Nasdaq, S&P Futures Plunge As Credit Suisse Crisis Deepens, Bringing Banks Back In Spotlight
The euphoria over Tuesday’s inflation numbers has apparently given way to skepticism, with index futures retreating sharply early Wednesday. Traders get to digest another set of key economic data points to make their conclusions about Fed’s potential March move.
Cues From Tuesday’s Trading:
Warren Buffett’s Berkshire Reportedly Agrees To Give Better Disclosures After SEC Push
Berkshire Hathaway Inc (NYSE:BRK) (NYSE:BRK) has reportedly agreed to disclose in a better way how its board of…
$150M Crypto Shorts Liquidated In 12 Hours As Bitcoin Holds Near $25K
Crypto shorts took a severe hit as Bitcoin (CRYPTO: BTC) breached $26,000 early on Wednesday morning.
Why This Money Manager Thinks Fed’s SVB Rescue Plan Could Lead To ‘Much Larger’ Problems
As the Street debates the ramification of the SVB Financial Group (NASDAQ: SIVB)-owned Silicon Valley Bank’s collapse and the government’s rescue, one analyst reasoned that the soluti
Apple Unveils New Way To Buy iPhones In US: Get Expert Advice Without Leaving Home
Customers in the U.S. looking for more personalized shopping might find Apple Inc.’s (NASDAQ:AAPL) latest innovation, “Shop with…
Meta-Backed Undersea Cable Project Reportedly Delayed By China Over Spying Fears
China is pushing for more control over undersea cable projects in the South China Sea and held back approval for a project that involved Facebook parent Meta Platforms Inc (NASDAQ: META) for several months.
SVB Parent Reveals Goldman Sachs Bought Its Bond Portfolio Before Regulators Stepped In
SVB Financial Group (NASDAQ:SIVB) said in a filing that Goldman Sachs Group Inc (NYSE:GS) had bought its bond…
Bitcoin, Ethereum, Dogecoin Gain After Inflation Data: Analyst Sees $30K For Apex Crypto As ‘Fed’s Work Is Almost Done’
Major cryptocurrencies traded in the green late on Tuesday after the release of the February Consumer Price Index, which showed a decline in inflation to 6% from the previous month's reading of 6.4%.
Cathie Wood Gets Elon Musk’s Nod After Slamming Regulatory Failure Over Banking Crisis: ‘Lot Of … Similarities To 1929’
ARK Investment Management CEO Cathie Wood believes regulators should have focussed on the opaque failure points of the traditional banking system rather than blocking decentralized financial platforms “th