The extent of the mining sector’s exposure to crypto-friendly Signature Bank is unclear. Marathon Digital Holdings (MARA) on Monday said it still had access to $142 million in deposits the now s...
Tag: Stocks
Bitcoin Dominates Bank Stocks Amid String of Failures
Bank stocks are crashing, not just in the US, but around the world. Bitcoin, meanwhile, is surging. In fact, bitcoin (BTC) is now easily outperforming practically all top US bank stocks year to date, ...
Trading of Several Banking Stocks Halted Due to Extreme Volatility
Bitcoin News The news follows today’s comments by President Joe Biden regarding closure of SVB. The crypto market on the other hand rallied. With the weekend’s news of the closure of a Silicon Valley ...
Stocks moving big midday: FRC, MRNA, NEM, PRVB
People are seen inside the First Republic Bank branch in Midtown Manhattan in New York City, New York, U.S., March 13, 2023. REUTERS/Mike Segar Mike Segar | Reuters Check out the companies making the ...
Multiple Bank Stocks Stop Trading Amid Post SVB Volatility
While the Fed may have bailed out Silicon Valley Bank (SVB)’s depositors on Monday, the market’s uncertainty surrounding the entire banking sector still loom large. Trading for multiple banking organ...
Losses Top $165 Billion As Analyst Warns SVB Failure Risks Intense Regulator Scrutiny
Topline The second and third-largest bank failures in U.S. history rattled investors’ confidence in bank stocks to the tune of tens of billions of dollars Monday, as the contagion fears from Silicon V...
How crypto market chaos affected US bank stocks
The current market chaos in US banking, tech, and cryptocurrency is hard to summarize without using the common moniker FUD (fear, uncertainty, and doubt) in a very literal sense. After the pandemic, t...
Bitcoin Price Soars As US Bank Stocks Halt, Will BTC Break $25k?
Bitcoin Price News: Trading in several bank stocks were on Monday halted due to increased volatility in pre-market hours. This is leading to a renewed bullish momentum in the crypto market. The move c...
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...
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...
S&P 500 goes negative YTD; almost entire regional bank stocks halted due to volatility
Quick Take Bitcoin extends its gain up 35% YTD, while S&P has gone into negative territory -0.19%. Both Nasdaq and TLT are up over 7% YTD. Chaos in bank stocks as some are halted for volatility. W...
Sell Any Post-SVB Stocks Bounce, Says Morgan Stanley
(Bloomberg) — Morgan Stanley’s Michael Wilson, known for being one of Wall Street’s most bearish strategists, recommended that investors sell any rebound in US stocks that may result from regula...
Stocks rise, bond yields, bank stocks fall on SVB fallout
U.S. stock futures fell Monday morning ahead of the opening bell after federal banking regulators took aggressive actions over the failure of Silicon Valley Bank. Futures tied to the S&P 500 (^GSP...
DAX index slips as Deutsche Bank, Porsche stocks plunges
European indices crashed hard on Monday as concerns about the financial market continued. The DAX index, plunged by more than 2.2% to a low of €15,067, the lowest level since January 31st. It has cras...
Top 3 stocks held by Warren Buffett’s hedge fund
Warren Buffett, the Oracle of Omaha, is one of the most respected investors in the world. His hedge fund, Berkshire Hathaway (NYSE: BRK.A), is known for its long-term approach to investing in high-qua...
European stocks slip in early trade after U.S. bank bailout package
European stocks declined in early action on Monday, while U.S. stock futures were pointing higher after a turbulent weekend which saw another major bank collapse and a new rescue package get announced...
China Stocks Outperform in Asia on Bets for Policy Consistency
(Bloomberg) — Chinese stocks rose on Monday, outperforming the broader Asian market as traders digested the surprise news that China’s economic leadership team would retain several familiar face...
Lucid (LCID): Time To Stake LCID Stocks – Lucid Stock Price Might Rally to $20!
Lucid stock price has been slipping through a declining pattern and Lucid (NASDAQ: LCID) shares might rally after leaving the downtrend, suggests analysts. Lucid Group, Inc. (NASDAQ: LCID) stock price...
GEVO Stock Price Prediction: $GEVO Stocks Rally Begins – Analysts!
Gevo stock price got a pump on Friday’s trading session analysts speculate GEVO rally initiates. GEVO shares tried to sustain at the lower support trendline and put efforts to remain above $1.65. Gevo...
‘Buy the Dip in Bank Stocks,’ Goldman Sachs Says. Here Are 2 Names to Consider
Last week ended with the worst day for bank stocks since the financial crisis of 2008. The collapse of Silicon Valley Bank, the country’s 16th largest banking firm and the lender of first resort for t...
We’re looking for stocks to buy after regulators saved SVB depositors
Phew, that was close. Too close. There was so much fear engendered by the events of the last 72 hours since Silicon Valley Bank collapsed that we’ll have investors who want to sell no matter wha...
Here Are 2 Top-Rated Tanker Stocks for Investors Who Like Winners
In the wake of Russia’s war on Ukraine, oil prices jumped to a 14-year record. While they have pulled back from that peak, they still remain at decadal high levels. The obvious winners in this scenari...
Dow Jones Futures Loom: FDIC Ready For Monday After SVB Financial Collapse? Watch These Stocks
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. The FDIC and other regulators are trying to limit the damage from last week’s collapse of SVB Finan...
What’s next for stocks after SVB collapse and as crucial inflation reading looms
Investors are preparing for the release of a U.S. consumer-price index that may show no meaningful letup in inflation, leaving few safe places to hide just as systemic risks may be growing. Coming jus...
Bearish Bets: 3 Well-Known Stocks You Should Think About Shorting This Week
Each week we identify names that look bearish and may present interesting investing opportunities on the short side. Using technical analysis of the charts of those stocks, and, when appropriate, rece...
‘Hot IPOs;’ These Newly-Public Stocks Are ‘Strong Buys,’ According to Analysts — Here’s Why and Where They’re Headed
It’s no easy task making sense of the stock market these days. The year began in an optimistic mood, but following a downtrend that began in February, the S&P 500 is almost back to the level it wa...
Silicon Valley Bank CEO Sold Stocks Before Collapse
According to media reports, Silicon Valley Bank (SVB) paid annual bonuses to all eligible employees while its CEO cashed out stock options before its collapse. SVB CEO Greg Becker sold $2.27 million ...
Opinion: The only market forecast that should matter to stock investors: When does the Fed decide that higher inflation is OK?
By this time last year, every stock market forecast made for 2022 was wrong. The U.S. stock market peaked on the first trading day of 2022 and went downhill from there. This year, every forecast made ...
Stocks Will Struggle to Beat 5% Treasurys, Strategists Say. And What the Heck Is ‘Out-Dexing?’
A top Wall Street forecaster told me how to beat the stock market from here: Buy a Treasury bill. I would leak the tip on Reddit, but I’m not sure how many moon rocket emojis to use. A six-month Treas...
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, ...
KBW recommends buying these 11 financial stocks, including First Republic, following federal backstop for banks
On a Monday following high-profile bank failures on Friday and Sunday, it may seem to be a strange time to recommend buying stocks of banks and other financial services companies, but Keefe, Bruyette ...