SVB Financial CEO Greg Becker Sold $3.6 Million in Stock Nearly Two Weeks Ago

Roughly two weeks before SVB Financial Group stock collapsed and its Silicon Valley Bank unit was closed by regulators, its top executive sold millions of dollars of shares. SVB (ticker: SVB) Presiden...

Silicon Valley Bank collapse: What should you do if your bank closes down?

Silicon Valley Bank, which helps fund technology startups backed by venture-capital firms, has closed its doors. The California Department of Financial Protection and Innovation made the decision to c...

20 banks that are sitting on huge potential securities losses—as was SVB

Silicon Valley Bank has failed following a run on deposits, after its parent company’s share price crashed a record 60% on Thursday. Trading of SVB Financial Group’s SIVB, -60.41% stock was halted ear...

Bank Stocks Take a Beating. Why Charles Schwab Also Is Getting Slammed.

On Thursday, bank stocks got hammered, and so did shares of brokerage firm Charles Schwab, which dropped 13%. On Friday the pain continued, with Schwab suffering another 6% decline by midday. Wait, wh...

Oracle’s cloud strength, ‘resilient’ revenue, prompt analysts to raise targets

Oracle Corp.’s stock fell following the software giant’s fiscal third-quarter results released late Thursday, although analysts have highlighted strong momentum in the company’s cloud business. The co...

GE’s Big Plans Are Luring Wall Street Bulls. Target Price Doubled.

Wall Street is feeling more bullish about General Electric stock. Significantly more bullish in one instance. GE (ticker: GE) hosted its 2023 analyst and investor event in Cincinnati, Ohio on Thursday...

‘I don’t see another bank stepping in to help.’ Bill Ackman suggests government intervention to save Silicon Valley Bank parent.

“The failure of Silicon Valley Bank could destroy an important long-term driver of the economy as VC-backed companies rely on SVB for loans and holding their operating cash. If private capital can’t p...

I’ll be 60, have $95,000 in cash and no debts — I think I can retire, but financial seminars ‘say otherwise’

I will be 60 in September, have $95,000 in cash, work part time ($30,000 yearly) for insurance and contribute 10% plus the employer match of 8% to a small 401(k). My home and car are paid for, I don’t...

Tesla Battery Supplier Beats Profit Estimates. It’s Citing Soaring EV Demand.

Tesla battery supplier Contemporary Amperex Technology, or CATL, beat annual earnings expectations Friday, strengthening its status as the world’s largest electric-vehicle battery maker. The Chinese l...

Banking Selloff Goes Global After SVB Trouble. HSBC, BNP Paribas, UBS Tumble.

The selloff in the banking sector spread across the globe on Friday after SVB Financial Group said it was forced to unload assets at a loss following a decline in deposits. HSBC (ticker: HSBA.UK), Eur...

Opinion: The stock market is telling you loud and clear: Now is not the time to fight the Fed or stand up to the bears.

The S&P 500 Index SPX, -1.85% hit resistance this week when an oversold rally failed near the 4080 level. This continues to support the idea that the index’s rise above 4100 in early February was ...

Oracle stock falls following forecast as revenue disappoints

Oracle Corp. shares recouped some of their losses in the extended session Thursday after the forecast revenue range bookended the Wall Street consensus, as the software company’s largest business unit...

SVB Financial stock tumbles on reports of funds advising clients to pull money from bank

SVB Financial Group SIVB, -60.41% fell more than 22% in the extended session Thursday as reports surfaced that several funds are advising clients to pull their money from Silicon Valley Bank. Bloomber...

Oracle Stock Is Dropping. Earnings Topped Views, but Revenue Disappointed.

Oracle stock is falling after the software company posted slightly worse-than-expected revenue results for its latest quarter. “Our strong quarterly earnings growth was driven by 48% constant currency...

SVB Financial Realigns Portfolio—and Blows Up the Banking Sector

SVB Financial Group stock plummeted Thursday after it sold assets for a loss following a decline in deposits. The impact rippled through the banking sector, which many investors had assumed was largel...

Dow logs new 2023 low as bank sector tumbles, investors await monthly employment report

U.S. stocks finished sharply lower on Thursday, with the financial sector logging a sharp one-day drop, while investors awaited Friday’s February employment data that could help decide how large an in...

Why DocuSign Stock Might Be Falling Despite Strong Earnings

DocuSign shares were trading lower after the electronic-signature software company posted better-than-expected results. DocuSign (ticker: DOCU) posted fiscal fourth-quarter adjusted earnings per share...

JPMorgan, Wells Fargo Stocks Tumble as SVB Woes Spark Contagion Fears

Small things can lead to big reactions, and that seems to be the case with bank stocks on Thursday, as a huge loss at SVB Financial (ticker: SIVB) has caused stocks like JPMorgan Chase (JPM), Bank of ...

Biden’s budget wants tax hikes, but expiring Trump tax cuts are the big showdown

For five years, most Americans have seen lower income-tax rates and tapped a bigger standard deduction, but without congressional action before the end of 2025, the rules could still revert to levels ...

10 banks that may face trouble in the wake of the SVB Financial Group debacle

As interest rates have risen, many banks have become more profitable because the spreads between what they earn on loans and investments and what they pay for funding has widened. But there are always...

Biden targets crypto, real estate and oil industries, as he unveils his budget

President Joe Biden on Thursday called for ending tax subsidies for cryptocurrency investors, the real estate industry and the oil and gas sector, as he formally rolled out his proposed budget for the...

FuelCell Stock Is Rising. Its Sales Beat Is Just One Reason.

FuelCell Energy shares rose on Thursday after the producer of units that make electricity from hydrogen posted a narrower-than-expected loss for its first quarter.  FuelCell (ticker: FCEL) posted reve...

This fund has increased its dividend for 56 straight years. Now it’s snapping up GE.

Markets are nearing the end of a tough week, with one more hurdle to go after Fed Chairman Jerome Powell set investors straight on his willingness to go to the mat on inflation. Next up is Friday’s no...

Medicare and HSAs don’t mix — what near-retirees need to know

Dear Ms. MoneyPeace, I am retiring this year and trying to understand Medicare. At this point I am covered fully by a company plan. I turned 65 last fall and plan to retire in August or September.  Wh...

Asana, MongoDB, Silvergate, JD.com, GE, and More Stock Market Movers

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Credit Suisse Stock Is Falling. Annual Report Is Delayed After Call From SEC.

Credit Suisse shares were falling on Thursday after the Swiss lender said it is delaying the publication of its annual report. The stock was down 5.3% in Zurich trading. Credit Suisse (ticker: CS) Ame...

Companies Keep Buying Back Their Shares. These Stocks Are Worth a Look.

Politicians hate stock buybacks. Companies love them—and right now they show no signs of stopping. Yes, buying back stock might seem difficult for companies right now. President Biden, in his State of...

Credit Suisse to delay publication of 2022 annual report on SEC comments

Credit Suisse Group AG said Thursday that it will delay the publication of its 2022 report after a late call from U.S. market regulators over 2019 and 2020 cash-flow statements, adding a further heada...

Stock market could ‘take it hard’ as expectations grow for a 6% fed funds rate

U.S. stock investors are clearly not too happy with what Federal Reserve Chairman Jerome Powell has said in the past two days. And there’s reason to think they’ll get even more dissatisfied in the wee...

Datadog’s software goes down — and so does its stock

Datadog Inc.’s software suffered an outage Wednesday, and its shares declined as analysts voiced concern about a potential hit to revenue. Datadog DDOG, -3.80% first notified customers that engineers ...

Asana says path to profitability is improving, forecasts narrower-than-expected losses

Asana Inc. on Wednesday reported and forecast narrower-than-expected losses, saying the figures reflected a firmer path to profitability. The project-management software provider — whose chief executi...

Tesla Stock Is Down. Steering Wheels Are Not the Reason.

Safety matters a great deal in the automotive market. Safety recalls and investigations, paradoxically, don’t matter as much. Investors might not be able to tell that by looking at stocks. Tesla (tick...