Problems at Switzerland’s second-biggest lender are causing bank stocks around the world to falter. On Wednesday, Credit Suisse ‘s top shareholder said in a Bloomberg interview that it wouldn’t invest...
Tag: Stock
Google Stock Jumps As Puts Artificial Intelligence Into Google Docs
(Photo By Raymond Boyd/Getty Images) Getty Images Key takeaways Google has announced generative AI helpers will be coming to its Workspace suite of apps – though no release date was forthcoming ...
Credit Suisse Stock Craters To All-Time Low, Europe Banks Retreat, Weakness Spills To U.S.
Credit Suisse (CS) unraveled early Wednesday, with CS stock falling nearly 28% premarket after its largest backer said it would not provide the Swiss bank with more financial assistance. European stoc...
Oatly stock soars after revenue rises above expectations, $425 million in financing secured
The U.S.-listed shares of Oatly Group AB OTLY soared 13.1% in premarket trading Wednesday, after the Sweden-based oat-based drink company reported better-than-expected fourth-quarter revenue, provided...
Credit Suisse stock falls 28% as European banks slammed
Credit Suisse (SWX:CSGN) is freefalling. PTSD for Europeans is flaring up, as a phrase they thought had been condemned to the annals fo history – “banking failure” – is suddenly again receiving airtim...
Will ZIM Stock (NYSE: ZIM) Snap or Contrive an Up Move?
1 ZIM stock holds above 20 EMA shows strength over the charts 2 Bulls are looking to close above $25 to extend traction in price ZIM stock (NYSE: ZIM ) is looking for a bounce above $25 to fold seller...
RBLX Stock Analysis: The Alligator Awakens Eyeing a Steady Surge
1 Currently, users from over 180 nations are active on Roblox 2 The metaverse game does not have a native token like MANA or SAND The gaming market witnessed positive momentum in a majority of stocks ...
Can AMC stock reach $20 in 2023? Industry experts weigh in
Investors have approved a series of measures by AMC Entertainment (NYSE: AMC), including common stock and preferred shares, that will assist the movie theater operator in raising funds and reducing it...
BRCC Stock Price to Rally Near St. Patrick’s Day– New 2023 High?
BRCC stock price movement has been under bearish influence for the past couple of weeks and is hinting at a possible price reversal, marking new highs for 2023. Black Rifle Coffee Company has faced th...
Credit Suisse Stock Plunges To Record Low As Bank Concerns Grow
Topline Trading in Credit Suisse shares was halted as they fell as much as 21% on Wednesday, compounding nearly a week of consecutive losses and hitting a new all-time low as the Swiss bank struggles ...
ChargePoint Holdings (CHPT): Will CHPT Stock Price Reach $20?
CHPT stock price has slipped below the symmetrical triangle pattern and falters to gain support at current level. CHPT shares require buyers’ attention to successfully recover towards the $20 distribu...
Elon Musk: Current Bank Crisis Similar to 1929 Stock Market Crash
Elon Musk likens the current bank crisis to the 1929 events that led to the Great Depression. Musk supported Cathie Wood’s opinion that regulators are focused on the wrong targets. According to Wood, ...
Lumen’s stock follows record annual decline with another steep plunge this year
Lumen Technologies Inc. isn’t exactly in the best company among the S&P 500’s laggards this year. Of the eight worst-performing names in the index so far in 2023, seven are beaten-down bank stocks...
GTLB Stock Drops Over 30% as GitLab Issues Misses Forecast Revenue
The GTLB stock came under severe selling pressure in the aftermarket hours on Monday since the projected revenue stood less than the estimates. On Monday, March 13, GitLab Inc (NASDAQ: GTLB) stock plu...
DOJ and SEC to probe SVB collapse and insider stock sales: Report
The United States Justice Department and the Securities Exchange Commission (SEC) have reportedly launched inquiries into the sudden collapse of Silicon Valley Bank (SVB) — which was shuttered by regu...
SVB execs sold $84 million of the bank’s stock over the past 2 years
Silicon Valley Bank CEO Greg Becker sold nearly $30 million of stock over the past two years, raising new questions over insider stock sales. Becker sold $3.6 million worth of shares on Feb. 27, just ...
Rivian Stock Is Just About Free. Investors Shouldn’t Forget Cash.
Text size Rivian ended 2022 with about $12 billion on its balance sheet. Justin Sullivan/Getty Images Rivian Automotive shares are basically free, the latest evidence, if any was needed, that the stoc...
SentinelOne Stock: SentinelOne Earnings Beat Estimates, Shares Fall On Outlook
SentinelOne (S) on Tuesday reported a smaller-than-expected loss for the fourth quarter while revenue edged by Wall Street targets. The cybersecurity firm’s full-year fiscal 2024 revenue outlook...
AMC Secures Shareholder Approval to Sell More Stock
AMC Entertainment Holdings Inc. on Tuesday won shareholders’ backing to sell new common stock, a financial lifeline for the movie-theater chain as it continues to lose money because of low cinema atte...
3M stock turns lower, closes at 10-year low ahead of investor event
Shares of 3M Co. MMM, which have pulled a sharp intraday U-turn to trade lower for a fourth straight session, closed Tuesday at a decade low a day before an investor event. The consumer, industrial an...
Brian Armstrong Reveals Coinbase’s 5-10 Year Game Plan As COIN Stock Rallies
The CEO of the top US crypto exchange by trading volume is revealing his firm’s short to medium-term plan amid a stock rally. On the Bankless podcast, Coinbase CEO Brian Armstrong says Coinbase is aim...
GOEV Stock Price Rises 1.15% Amid Tough Market Conditions
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SEC, DOJ Investigating Insider Stock Sales at Silicon Valley Bank: WSJ
The U.S. Justice Department and the U.S. Securities and Exchange Commission are investigating the collapse of Silicon Valley Bank, according to a report today from The Wall Street Journal. The investi...
Plug Power stock Price Prediction: Make or Break Moment For PLUG
Plug Power stock price has been on a roller-coaster ride under an interesting declining pattern. Plug Power share price decreased 0.16% during Tuesday’s trading session with an opening price of $12.35...
Charles Schwab CEO Bought $3 Million In Company’s Stock Amid Rout
Topline Charles Schwab’s CEO Walter Bettinger bought 50,000 shares of his financial services firm’s stock at Tuesday’s market open, Bettinger told CNBC, the latest high-profile stock purchase among fi...
PLTR Stock: Palantir Stock Price to Reach $10 by Next Quarter?
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Coinbase Stock Rallies 9% Amid Crypto Market Revival
Coinbase (COIN) jumped more than 9% at the opening bell Monday, once again exposing the stock’s correlation to the broader crypto market. COIN, which is trading at the Nasdaq exchange, ended last week...
MicroStrategy Stock up 16% after Bitcoin Price Strikes $24,000
MicroStrategy stock price bounced 16% on March 13 2023 after Bitcoin price recovered 25% from recent low. MicroStrategy stock (MSTR) defends $200 support level despite global selloff. MSTR stock price...
Western Alliance stock soars nearly 40%, as Citadel boosts stake to over 5%
Shares of Western Alliance Bancorp. WAL shot up 38.8% in morning trading Tuesday, to stage a big bounce following the drubbing they suffered the past three sessions, after hedge fund Citadel Advisors ...
Nvidia’s Charts Tell the Tale of How to Trade the Stock
Regular readers may recall that I last addressed Nvidia (NVDA) back on February 23rd in response to earnings. The stock opened in the $230’s that day, and I made the disciplined sale that I said...