Newsfeeds - Spark Newswire

2 minute read

Why Several Bank Stocks Are Getting Rocked Today

Today, 8:06 AM

Shares of several banks and financial companies are trading lower following the closure of SVB Financial Group (NASDAQ: SIVB) and Signature Bank (NASDAQ: SBNY), which has sparked fears of contag

BAC

4 minute read

Net Interest Margin (NIM) – What Happened At Silicon Valley Bank And SVB ETF Exposure

By Jeffrey Kamys

Today, 8:06 AM

Net interest margin (NIM) is a measure of profitability used to evaluate how much money a financial institution makes from the difference between the interest income it earns on its assets and the interest it pays out to its lenders (such as depositors and bondholders) for its liabilities.

BAC

2 minute read

Analyst Ratings

Where JPMorgan Chase Stands With Analysts

By Benzinga Insights

Today, 8:06 AM

Within the last quarter, JPMorgan Chase (NYSE:JPM) has observed the following analyst ratings: Bullish Somewhat Bullish Indifferent Somewhat…

JPM

4 minute read

Nasdaq Futures Climb Solidly After Past Week’s Rout: Analyst Flags Key S&P 500 Support To Stay Above October Lows

By Shanthi Rexaline

Today, 8:06 AM

After the market mayhem seen last week, some semblance of normalcy could return to Wall Street, thanks to the government’s move to assuage concerns in response to the banking crisis.

AMGN

1 minute read

Wells Fargo Upgrades JPMorgan Chase to Overweight, Raises Price Target to $155

By Benzinga Newsdesk

Today, 8:06 AM

Wells Fargo analyst Mike Mayo upgrades JPMorgan Chase (NYSE:JPM) from Equal-Weight to Overweight and raises the price target from $148 to $155.

JPM

2 minute read

Markets
News

Lender Touted By Jim Cramer Manages To Strengthen Liquidity Position As Banking Crisis Deepens

By Bhavik Nair

Today, 8:06 AM

Even as the banking crisis widens in the U.S., First Republic Bank (NYSE:FRC) said it enhanced and diversified its financial position through additiona

FRC

2 minute read

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

By Shanthi Rexaline

Today, 8:06 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

5 minute read

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

By Shanthi Rexaline

Today, 8:06 AM

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

JPM

2 minute read

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

By AJ Fabino

Today, 8:06 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

FDIC Takes Over Silicon Valley Bank: Here Are The Details

By Anthony Noto

Today, 8:06 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