BROS stock (NYSE: BROS) is clung in a narrow span and trying to escape the thin range. For the last week, sellers attempted to break the support mark of $30, and selling pressure was witnessed in stoc...
Category: Finance
Live Finance News Updates.
USDc and DAI Re-Peg – Trustnodes
USDc is back to being worth precisely one dollar after it fell to as low as 88 cent following revelations Circle held $3 billion in the Silicon Valley Bank (SVB). The near collapse of SVB, which at so...
‘Managers Play A Crucial Role’—Leaders React To Employee Mental Health
Hundreds of people provided perspectives on mental health and leadership. getty Mental health is a topic of critical importance and front of mind for so many of us. My series on mental health has gene...
Bears Positioned To Upgrade Lines As Free Agent Talks Officially Begin
SANTA CLARA, CA – JANUARY 22: Mike McGlinchey #69 of the San Francisco 49ers blocks during the NFC … [+] Divisional playoff game against the Dallas Cowboys at Levi’s Stadium on Janua...
Biden Approves Controversial Alaska Oil Drilling Project—Here’s What You Need To Know
Topline The Biden Administration approved a multibillion-dollar oil drilling project in Alaska on Monday, known as the Willow project, a move that will appease Alaskan lawmakers while angering climate...
Penn Badgley Wants ‘You’ To End With Season 5
You Netflix You is back with the second half of season 4, and as you may expect (mild spoilers), Joe manages to escape with his life. But star Penn Badgley sees the end ahead of him, and believes both...
Paris Hilton Opens Up About Motherhood, Business And Her Revealing New Memoir
Paris Hilton and her new memoir. Randee St. Nicholas/Kevin Ostajewski In a world today where the phrase “nepo baby” is often used in describing the success of an individual being heavily factored by t...
Credit Suisse default insurance cost hits all-time high as contagion fears spread
After three banking giants, Silvergate Bank, Silicon Valley Bank (SVB), and Signature Bank, all crashed within days of each other, the cost of insuring the bonds of Credit Suisse against the lender de...
Pence Says ‘Trump Was Wrong’ For His Role In January 6 As Ex-VP Considers Run
Topline Former Vice President Mike Pence, who is considering a run for president in 2024, told the audience at the Gridiron Club’s annual dinner on March 11 that “Trump was wrong” for his “reckless” w...
Opportunities For The Patient Investor
Warren Buffett also once said, “Opportunities come infrequently. When it rains gold, put out the … [+] bucket, not the thimble.” (Photo by David Silverman/Getty Images) Getty Images ...
Korean Media Among The Winners At The 16th Asian Film Awards
South Korean actor Ji Chang-wook attends the 16th Asian Film Awards. (Photo by Anthony Kwan/Getty … [+] Images) Getty Images The 16th Asian Film Awards took place on March 12 at the Hong Kong Jo...
Biden Says Saving Silicon Valley Bank Helped Economy ‘Breathe Easier’—But Not All Experts Agree
Topline Americans can “breathe easier” knowing the nation’s financial system is “safe,” President Joe Biden said Monday morning, in Biden’s first remarks since his administration rolled out measures t...
Bank of America and Wells Fargo: Here’s How I’m Trading This Bank Mess
Investors want to know. How well is this particular bank problem contained? Will depositors tend to move toward the perceived safety, whether or not this is reality, of the large, U.S. money-center ...
Dow Jones Falls On SVB Rescue Plan; First Republic, Charles Schwab Crash On Bank Fears
The Dow Jones Industrial Average dropped Monday, as global markets grappled with the ongoing crisis among U.S. banks. The FDIC and other financial regulators guaranteed all deposits of SVB Financial (...
Stocks of multiple banks get halted for volatility, more than once, to start the trading day
To gauge the panic-like activity of bank investors in the wake of the recent failures of SVB Financial Group’s SIVB, Silicon Valley Bank and Signature Bank SBNY, -22.87%, investors can check out the N...
Qualtrics stock gains after company agrees to $12.5 billion take-private deal
Qualtrics International Inc. shares XM, +6.13% were rising more than 6% in premarket trading Monday after the software company said it has agreed to be taken private by Silver Lake, in partnership wit...
Marathon Digital says it has access to funds held at Signature Bank
Marathon Digital said it has access to $142 million in cash deposits held by Signature Bank, which was closed by state regulators on Sunday. The company said in a statement it has access to the...
Oil and gas stocks suffer broad selloff as crude prices drop in wake of SVB collapse
The energy sector was suffering a broad selloff Monday, as worries that the recent bank failures will trigger an economic slowdown which saps demand for crude oil. The Energy Select Sector SPDR exchan...
Gemini had no customer funds, GUSD at Signature Bank
Crypto exchange Gemini said it held no customer funds or Gemini dollars (GUSD) at Signature in the wake of the bank’s closure by regulators on Sunday. While it used to partner with Signatu...
First Republic stock down 65% amid fears of regional bank contagion
First Republic Bank’s (FRC) shares tanked a record 67% and were halted for volatility, leading regional lenders lower, despite measures by U.S. regulators to shore up confidence in the banking system ...
Framework and Bitkraft lead $6 million seed funding into gaming studio Jungle
Bitkraft and Framework Ventures co-led a $6 million seed funding round into Jungle, a Brazil-based web3 gaming studio. Delphi Digital, Karatage, Fourth Revolution Capital, Monoceros, 32bit Vent...
Ole Miss To Hire Ex-Texas Coach Chris Beard
NEW YORK, NEW YORK – DECEMBER 06: Texas Longhorns head coach Chris Beard looks on during the second … [+] half of the game against the Illinois Fighting Illini at Madison Square Garden on ...
‘Big Short’ Michael Burry warns 2023 market is mirroring dot-com and housing crashes
Legendary investor Michael Burry, a hedge fund manager commonly known as “The Big Short,” has built a reputation for making predictions about the financial markets. In a now-deleted March 12 tweet, th...
SGEN Stock, PRVB Stock Rocket After Nabbing Takeover Deals
Pfizer (PFE) will buy cancer specialist Seagen (SGEN) for roughly $43 billion as Sanofi (SNY) takes over Provention Bio (PRVB) for about $2.9 billion, the companies announced Monday. In response, SGEN...
First Republic Bank stock down 65% amid fears of regional bank contagion
First Republic Bank’s (FRC) shares tanked a record 67% at the market open on Monday and were halted for volatility, despite measures by U.S. regulators to shore up confidence in the banking system fol...
Bella Ramsey Is 100% Confirmed Not Getting Recast In ‘The Last Of Us’ Next Season
The Last of Us HBO While it was strongly, heavily implied, The Last of Us didn’t want to make it official until after the finale, where we know Ellie survives. Bella Ramsey will return as Ellie in sea...