Intercept Pharmaceuticals (ICPT) said Friday its experimental liver disease treatment will face a Food and Drug Administration panel in May, leading ICPT stock to tumble. X The FDA’s Gastrointes...
Tag: Stock
3 High Dividend Healthcare Stocks for Passive Income
The global economy has slowed down remarkably lately, primarily due to the aggressive interest-rate hikes implemented by central banks in an effort to restore inflation to normal levels. As a result, ...
Virgin Galactic Stock Price Prediction: Make-or-Break for SPEC Stock!
Virgin Galactic stock price had a roller-coaster ride in an interesting symmetric pattern over the daily trading chart. Virgin Galactic share price decreased by 2.35% during Friday’s trading session w...
Jim Cramer Advised People to Buy Silicon Valley Bank Stock a Month Before its Collapse
The host of CNBC’s Mad Money has been often grilled on social media for advising people to invest in assets that turn unprofitable or vice-versa. His latest example is the notorious Silicon Valley Ban...
$CRM Stock Price Decline as Salesforce Announces More Layoffs
CRM stock price followed a bearish pattern after the company cut hundreds of sales and marketing jobs. Salesforce Inc (NYSE:CRM) is a cloud-based software company which designs and develops cloud-base...
FRC Stock Analysis: More Buyers To Appear as Shares Regain Position
1 Silicon Valley Bank recently became the second-largest US banking disaster. 2 FRC stock price was changing hands at a market price of $81.76. With the recent collapses of institutions like Silvergat...
Ark picks up more Coinbase stock, adding $6.4 million
Cathie Wood’s Ark Invest picked up a tranche of 119,429 Coinbase shares across two funds on Friday, purchasing about $6.4 million of the stock. The investment management firm, which focuses on d...
End of Signature Bank Stock? Silicon Valley Bank, Silvergate Bleed
Signature Bank Stock faced the aftermath of the fall of major crypto supporting banks, as many witnessed bloodbath along with Silicon Valley Bank and Silvergate (SI). Signature Bank stock (SBNY) along...
Life Lessons And 17 Stock Ideas From Billionaire Value Investor Mario Gabelli
The Bronx-born mutual fund maven illustrates the value of education and hard work, and offers a trove of his best ideas for the current market. The old cynical adage that holds that the best way to en...
American Express and 4 More Companies That Raised Their Stock Dividends
American Express Oracle and Johnson Controls were among the large U.S. companies that declared dividend increases this week. It was a fairly light week for such announcements, with earnings season hav...
PacWest (PACW) Stock Recorded 52-Week Low After SVB Crisis
PacWest Bancorp (NASDAQ:PACW) is a bank holding company that offers commercial banking services. The share price of PACW stock tumbled after the collapse of Silicon Valley Bank (SVB) on March 10th, Fr...
SVB Chief Sold $3.6 Million in Stock Days Before Bank’s Failure
(Bloomberg) — Silicon Valley Bank Chief Executive Officer Greg Becker sold $3.6 million of company stock under a trading plan less than two weeks before the firm disclosed extensive losses that ...
SVB Financial CEO Sold $3.6 Million In Stock Before Bank’s Collapse
Topline The CEO of Silicon Valley Bank Financial sold $3.6 million in stock two weeks before the California banking giant’s epic crash Friday, signaling bank officials might have known the bank was in...
Time to Hunker Down as SVB Financial Exposes a Growing Number of Naked Swimmers
Some fears of financial contagion crept into the market on Thursday. SVB Financial Group (SIVB) plunged 60% during the trading day and is down big again Friday. SIVB is the parent of Silicon Valley Ba...
SNAP Stock Price Pumps as Lawmakers Slice Snapchat’s Rival TikTok
SNAP stock price elevated by more than 25% after the US lawmakers prepared legislation for banning TikTok in the States. SNAP stock price saw an uplift after TikTok, owned by ByteDance, sparked concer...
ARK Invest Buys Record Amount of Coinbase Stock, Despite Market Volatility
ARK Invest, led by tech-focused investor Cathie Wood, has made a record purchase of Coinbase stock amidst a volatile market. Despite Coinbase tumbling by 8% on March 10, ARK Invest bought the largest ...
Cramer is positive on Oracle stock despite revenue miss
Oracle Corporation (NYSE: ORCL) is trading down today after reporting weaker-than-expected revenue for its third financial quarter. Oracle stock down on soft guidance Shareholders are also disappointe...
TAL Stock Price Recent Week Analysis Shows Bearish Trend
TAL stock price fell almost 8.92% in the recent week, but it is bullish by nearly 2.63% in one month. TAL Education Group (NYSE:TAL) is a China-based holding that provides after-school tutoring progra...
Signature Bank Announces Availability of Materials for 2023 Annual Shareholders’ Meeting and Special Meeting of Holders of Series A Preferred Stock
NEW YORK–(BUSINESS WIRE)–Signature Bank (Nasdaq:SBNY), a New York-based, full-service commercial bank, announced today the Bank’s proxy materials for its 2023 Annual Meeting of Shareholders are now av...
Signature Bank Stock Down 12% in Volatile Action as Bank Selloff Continues
While Silvergate’s demise may have rung alarm bells for investors around the durability of banks with close ties to the crypto industry, the rout has spread to more traditional lenders. Most not...
Stock futures edge up after crucial jobs report
U.S. stocks sank Friday morning after the crucial jobs report came in warmer than expected and jitters over troubles at Silicon Valley Bank (SIVB) continued to weigh on markets. The S&P 500 (^GSPC...
SVB Blowout Is Wake-Up Call for Stock Bulls on Banking Risks
(Bloomberg) — Stock market investors just got a harsh reminder about the risks posed by banking industry turmoil. Most Read from Bloomberg US stocks are heading for the worst week of the year af...
Silicon Valley Bank Faces Financial Woes as Stock Is Halted, Sells $21 Billion Bond Portfolio at a $1.8 Billion Loss – Bitcoin News
On March 10, 2023, market observers are discussing the troubles Silicon Valley Bank (SVB) faces, as the firm’s stock slid more than 60% in the last 24 hours. SVB was forced to sell a $21 billion bond ...
Apple stock gets second vote of confidence from analysts this week
For the second time this week, analysts are giving Apple’s (AAPL) stock a vote of confidence. On Monday Goldman Sachs’ Michael Ng initiated coverage of the iPhone maker with a Buy rating and price tar...
Riot Stock Price tumbles 12%; Silvergate Bank announces shutdown
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Silicon Valley Bank sends stock market crashing, crypto follows
As Silicon Valley Bank fails to reassure customers of its financial state, crypto-focused venture capital investors urge the firms to remove assets from the bank. Both stock and crypto markets are in ...
Amazon (NASDAQ: AMZN): AMZN Stock Price is Up 7.95% Year To Date!
Amazon.com, Inc. (NASDAQ:AMZN) stock has been trying to sustain after a dip from the $113 level in February 2023, AMZN stock price might break out now, says analysts. AMZN share price has slipped belo...
LBank backs Tel Aviv stock exchange’s move towards offering crypto trading
The Tel Aviv Stock Exchange (TASE) plans on expanding services to include cryptocurrency trading for clients of their nonbanking members (NBMs). The TASE is Israel’s sole public trading platform for e...
SoFi CEO Noto makes ‘opportunistic’ million-dollar stock purchase as SVB crisis fuels selloff
As SoFi Technologies Inc. shares fell Friday amid the fallout over Silicon Valley Bank’s collapse, the financial-technology company’s chief executive bought up stock. SoFi Chief Executive Anthony Noto...