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Stock Market

Regulators close Silicon Valley Bank in largest failure since financial crisis

[ad_1] Regulators closed troubled Silicon Valley Bank after deposit outflows and a failed capital raise plunged the country’s 16th largest…

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Republic First Shares Jump 10% on News of $125 Million Capital Raise

[ad_1] By John Jannarone Shares of Philadelphia-based regional bank Republic First Bancorp, Inc. (Nasdaq: FRBK) jumped as much as 10%…

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I Used to Really Like Oracle, Here’s Why I Don’t Now

[ad_1] On Thursday evening, Oracle (ORCL) released the firm’s fiscal third quarter financial results. For the three month period ended…

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Yellen says Treasury Department ‘carefully’ watching crisis at ‘a few banks’

[ad_1] Treasury Secretary Janet Yellen said there are “a few” banks the department is closely watching as a crisis at…

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Time to Hunker Down as SVB Financial Exposes a Growing Number of Naked Swimmers

[ad_1] Some fears of financial contagion crept into the market on Thursday. SVB Financial Group (SIVB) plunged 60% during the…

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Rivian Stock Is More Controversial Than Tesla’s. It Just Got a Thumbs-Up.

[ad_1] Rivian Automotive picked up a new bullish call. Wall Street still likes the stock, but the difference between top…

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Stocks Slide, Bonds Rally on Bank Woes; Yen Falls: Markets Wrap

[ad_1] (Bloomberg) — Stocks slumped and Treasuries rallied Friday amid concern that pockets of trouble in the US banking sector…

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Tesla Supplier CATL Smashes Profit Estimate as EV Sales Soar

[ad_1] (Bloomberg) — China’s Contemporary Amperex Technology Co. Ltd. reported annual earnings that beat estimates on stronger demand for cleaner…

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Bitcoin tumbles to 7-week low as bank liquidation, regulatory pressures weigh on crypto

[ad_1] Bitcoin (BTC-USD) fell more than 7.5% late Thursday to $20,300, a seven week low for the largest cryptocurrency. “This…

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SVB sinks wiping $61B in market value off bank stocks

[ad_1] Jittery investors got another scare on Thursday after Silicon Valley Bank announced plans for $1.75 billion in common stock…

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