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 ...
Category: Finance
Live Finance News Updates.
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...
WSJ: Carl Icahn says Grail deal cost Illumina shareholders $50 billion
Shares of Illumina Inc. ILMN, +14.70% were up about 8% in premarket trading on Monday after the Wall Street Journal reported Sunday that Carl Icahn is planning a proxy fight. The billionaire activist ...
A Paradise For Fans Of Documentary Films
Action at the Box Office, housed at Sager Braudis Gallery, as fest-goers pick up passes and tickets … [+] for the annual True/False Film Festival in Columbia, Missouri. (Photo by Stephanie Sidot...
Biden reassures Americans that banking system is safe in wake of collapses
Policy • March 13, 2023, 9:40AM EDT U.S. President Joe Biden assured American citizens that the banking system is safe following the collapses of Signature Bank and Silicon Valley Bank. “Americ...
Starbucks Odyssey’s Stamps record a lighting speed sellout of 18-mins!
Starbucks announced to connect more closely with its customers through the launch of a series of NFTs in the primary market. The recent launch of Starbucks Odyssey, also known as Stamps, saw a record ...
Energy Diplomacy Isn’t Helping Russia In Africa
Russian President Vladimir Putin (C) gestures as Egypt’s President Abdel Fattah al-Sisi (L) and … [+] South African President Cyril Ramaphosa (R) pose for a family photo with African count...
Charles Schwab moves to reassure investors it has plenty of liquidity and business is performing ‘exceptionally well’
Charles Schwab Corp. SCHW, -19.08% moved Monday to reassure investors that it has plenty of liquidity and does not need to sell any of its held-to-maturity securities over unrealized losses. Chief Fin...
Chaos In Voluntary Carbon Markets Will Either Doom Or Change Them
Smoke pours out of a factory in Copsa Mica, Romania. The billowing, carcinogenic black clouds of … [+] carbon black, used for dyes and tires, pollutes and poisons the enviroment and contributes ...
BA Stock: Boeing Eyes $35 Billion Jet Deal For New Saudi Airline
Saudi Arabia’s Public Investment Fund is nearing a multi-billion-dollar deal for Boeing (BA) commercial jets for the fleet of a brand-new national airline, the Wall Street Journal reported on Su...
Controversial Alaska Oil Drilling Project Could Be Approved Monday—Here’s What You Need To Know
Topline The Biden Administration is reportedly set to approve a multibillion-dollar oil drilling project in Alaska on Monday, known as the Willow project, a move that would appease Alaskan lawmakers w...