Billionaire brokerage founder Charles Schwab has seen his personal fortune plummet in the aftermath of Silicon Valley Bank’s collapse over the weekend. According to the Bloomberg Billionaires Index, w...
Tag: Battered
Regional Bank ETFs Battered as SVB Fallout Spreads
Regional banking exchange-traded funds, often seen as safe investments as their holdings rely on mortgages and small business loans, are getting clobbered today as the closures of Silicon Valley Bank ...
Bitcoin Battered as Markets Spiral
Investors sold stocks, especially shares of banks, and other risky assets ahead of the U.S. jobs report on Friday. Bitcoin has lost 9% over the last 24 hours, dropping below $20,000, a level the crypt...
Market Rally Battered But Not Broken Yet; What To Expect From Tesla Investor Day
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. Berkshire Hathaway earnings and Elon Musk’s “Master Plan 3” at the upcoming Tesla Inves...
Battered SOL Stages New-Year’s Comeback As Markets Advance ⋆ ZyCrypto
Advertisement     Solana’s native token SOL climbed 12% on Jan. 2, 2023, to an intraday high, becoming one of the best-performing tokens in the new year, according to ...
Dell to Cut About 6,650 Jobs, Battered by Plunging PC Sales
(Bloomberg) — Dell Technologies Inc., facing plummeting demand for personal computers, will eliminate about 6,650 jobs, becoming the latest technology company to announce it will let thousands o...
For Battered Bonds, Threats of Further Losses Linger
The year 2022 marked a truly historic bust for the U.S. bond market. The question now is whether 2023 will produce any kind of meaningful rebound. Normally a safe investment, U.S. bonds delivered loss...
Battered SPACs and Closed-End Funds Finally Look Tempting. How Investors Can Play Them.
With apologies to the Bard, SPACs are now in disgrace with fortune and men’s eyes, along with other excesses, such as meme stocks and nonfungible tokens. But some special purpose acquisition companies...
Battered Crypto Lender Hodlnaut Seeks Judicial Management
A week after suspending its services, the crypto lending platform Hodlnaut filed for an application to be placed under judicial management with the Singapore High Court. Under judicial management, the...
Battered Crypto Lender Vauld Granted 3-Month Creditor Protection
The crypto lender, backed by Peter Thiel and Coinbase, was given a moratorium by Justice Aedit Abdullah that will last until November 7. The move will help provide some respite to Vauld, whose 147,000...
‘Savings are gonna run out’: Already battered by high inflation, Fed’s rate hike will hit lower-income and rural Americans hard
The Federal Reserve hiked its benchmark rate by 0.75 percentage points on Wednesday in an effort to temper the rising costs of consumer goods and services. While economists say raising the interest r...
Battered by Black Swans, Retail Industry Hunkers Down
Battered by Black Swans, Retail Industry Hunkers Down UnSplash The week of the Fourth of July holiday is one of those moments in the year when the rhythm of nature, our lives, and our businesses slows...
Young Web3 Believers Unfazed by Battered Crypto Market
In the Bay Area, a student pursuing a master’s program in software management at Carnegie Mellon University Silicon Valley expresses his concern about embarking on a crypto career. The student, who wi...
Crypto Can Save the Fashion Industry Despite Being Bruised and Battered – Here’s Why
Luxury fashion brands are looking beyond the trauma that the crypto industry is currently facing to create “digital twins” for their designer products. Luxury giants LVMH, Prada, and Cartier joined fo...
Is The Battered Stock Market Reaching Its Bottom?
Falling market getty The S&P 500 narrowly missed closing out last week in bear market territory—that would be 20% down from market peak, a high point attained after New Year’s. The tech-heavy Nasd...
Jim Cramer says he likes these three smaller plays in battered retail sector
CNBC’s Jim Cramer said Friday that while the retail sector has had a rough week, there are still several winners that stand out against the deluge of stocks that tanked. “The big four aren...
Battered Stock Traders Brace for $1.9 Trillion Option Expiration
(Bloomberg) — Stock traders still clinging on after this week’s vicious drop in US benchmarks had better tighten their grip — OpEx is back to whip up more turmoil. Most Read from Bloomberg...
After Terra’s stablecoin implosion, battered investors ask ‘where is Do Kwon?’
With angry investors facing heavy losses following TerraUSD’s dramatic de-pegging this week, users on the Terra Research Forum and Reddit are now asking where Terraform Labs CEO Do Kwon is and even ca...
Coinbase, PayPal and Other Bitcoin-Exposed Stocks Battered by Crash
In brief Bitcoin-exposed stocks are taking a beating. They could be in for a further jolt as Coinbase reports earnings on Tuesday afternoon. A massive sell-off in the crypto markets, which has seen Bi...
Which Battered Blue-Chip Stocks Are Most Oversold?
Big rallies and massive sell-offs have been the theme going into May 2022. With technology stocks — once again — leading us lower, thanks in part to the 10-year note eclipsing 3%, many of the damaged ...
Will Fed rate hike be a ‘clearing event’ for battered U.S. stock market? What investors are watching for on Wednesday
A little clarity from the Federal Reserve on the likely size and scope of future rate increases on Wednesday could be a balm for a bruised U.S. stock market, according to some analysts. The meeting co...
Amazon Deepens Gloom for Battered E-Commerce Stocks
(Bloomberg) — The historic rout in Amazon.com Inc.’s shares last week highlights how difficult the environment has become for e-commerce stocks after their pandemic-driven boom, with investors s...
Battered Bitcoin Miners Increasingly Turn to Debt Financing
As the industry matures, debt capital is preferred by investors, given its nondilutive nature. Indeed, offering equity in the current market has often not been kind to the share price of miners. Most ...
Wall Street Sees Signs Battered Biotech Has Turned a Corner
(Bloomberg) — A four-day rebound in biotechnology stocks may be about to gain momentum after an industry ETF rose above a key resistance level, according to the chief strategist at Miller Tabak....