(Bloomberg) — The head of one of the world’s largest asset managers called Moody’s Investors Service’s outlook cut for the US banking system “a terrible overreaction” and said regulators had rea...
Tag: Street
Roku and 3 More Stocks Affected by Bank Failures That Wall Street Says to Buy
The biggest bank failure since the global financial crisis has clobbered stocks, but Wall Street analysts see buying opportunities in some of the stocks affected by Silicon Valley Bank’s collapse. The...
Jane Street, Jump Trading And Alameda Face Probe By US DoJ Over Terra’s Collapse
– Advertisement – he U.S. Department of Justice has launched a probe into the collapse of Do Kwon’s TerraUSD. Authorities are reportedly looking at chats between Alameda Research, Jane St...
Telegram chats by Jane Street and Jump Crypto staff probed in Terra case
Manhattan federal prosecutors have allegedly slid into the DMs of employees at Jane Street and Jump Trading to determine if market manipulation occurred in the collapse of Terra’s stablecoin, Bloomber...
Wall Street sets Tesla (TSLA) stock price for the next 12 months
Wolfe Research analyst Rod Lache cited bank failures as a rationale for lowering his rating of Tesla (NASDAQ: TSLA) shares from Outperform to Peer Perform while keeping his price target at $185 on Mar...
Wall Street analysts make big calls on bank stocks in wake of SVB failure
Wall Street analysts are wasting no time trying to make some big calls on stocks that have been swept up into the discussion of the Silicon Valley Bank and Signature Bank meltdowns, even if it means f...
Signature Bank collapse means crypto will ‘be forced’ to move to Wall Street: pro
Signature Bank’s sudden collapse over the weekend represents a ‘blow for crypto,’ Truflation CEO Stefan Rust said in a statement obtained by Invezz. According to Rust who runs the independent inflatio...
Wall Street — not taxpayers — will pay for the SVB and Signature deposit relief plans
WASHINGTON — Plans announced Sunday to fully reimburse deposits made in the collapsed Silicon Valley Bank and the shuttered Signature Bank will rely on Wall Street and large financial institutions — n...
Wall Street Optimistic of US Jobs Data Despite Uptick in Claims
Wall Street predicts steady job growth and a lower unemployment rate for February. Nonfarm payrolls are expected to increase by 205k, with projected annual wage growth of 4.7%. Any significant deviati...
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...
Wall Street Estimates On US Jobs Data, Crypto Market To Crash?
The U.S. Bureau of Labor Statistics will release the crucial nonfarm payrolls and unemployment rate data for the month of February today. According to market consensus, nonfarm payrolls likely increas...
Bloodshed on Satoshi Street: Bitcoin Below $20K-Why Crypto Market is Down Today?
Crypto Market is crashing! Bitcoin Price is plunging! Altcoins are dropping profusely! After numerous attempts to hold above $21,000 for a while, the bearish cartel slashed the prices, which were fue...
One Bank Folds, Another Wobbles and Wall Street Asks If It’s a Crisis
(Bloomberg) — Silvergate Capital Corp.’s abrupt shutdown and SVB Financial Group’s hasty fundraising have sent US bank stocks diving and tongues wagging across the industry: Could this be the st...
Former Jane Street, PIMCO traders raise $15M for ZK proof-of-solvency protocol
A team of former Jane Street and PIMCO traders have raised $15 million to produce a proof-of-solvency protocol for centralized exchanges, stablecoin issuers and other asset managers in the crypto spac...
Jamie Fiore Higgins account of her life on Wall Street
Jamie Fiore Higgins interviewed on TV on Wednesday, August 31, 2022. Her book, Bully Market, exposed shocking behavior by some Goldman Sachs employees. Nbc | Nbcuniversal | Getty Images Jamie Fiore Hi...
Top NFL Prospect Jalen Carter Charged For Alleged Role In Fatal Street Race
Topline Authorities charged former University of Georgia football star Jalen Carter with two misdemeanors Wednesday for allegedly taking part in a street race that resulted in the January deaths of De...
Researcher ties Jane Street to notorious ‘Wallet A’ that helped depeg UST
New research suggests that there’s a “good chance” Terra’s collapse was largely triggered by quant trading firm Jane Street. Igor Igamberdiev, head of research at crypto market maker Wintermute, belie...
Jane Street wallet may have been linked to UST depeg, Wintermute researcher says
The wallet associated with last year’s TerraUSD (UST) depeg might belong to trading firm Jane Street, Wintermute Head of Research Igor Igamberdiev said in Twitter thread on Tuesday. Based ...
Asian shares follow Wall Street lower after stronger-than-expected data
BANGKOK (AP) — Shares fell Monday in Asia after Wall Street benchmarks closed out their worst week since early December. U.S. futures edged higher while oil prices fell. Reports on inflation, the jobs...
Asian shares track Wall Street decline on hot economic data
BANGKOK (AP) — Shares fell Monday in Asia after Wall Street benchmarks closed out their worst week since early December. U.S. futures edged higher while oil prices fell. Reports on inflation, the jobs...
Autodesk stock is biggest loser on S&P 500, Nasdaq-100 as Wall Street focuses on cash flow
Autodesk Inc. shares suffered their worst drop in more than a year after Wall Street focused on how the computer-assisted design software company’s shift in billing customers became a major drag on it...
Wall Street is now pricing in a terminal rate of 5.25-5.50, after hot PCE data, BTC down over 3%
Quick Take Bitcoin is down -3.31% on Feb. 24 due to a hotter than expected PCE data. Traditional assets are also down on the day, which includes SPX (-0.22%), XAUUSD (-0.75%), and Nasdaq (-2.00%). Wa...
Block Surpasses Wall Street Expectations Riding on Cash App
Block reported a gross profit of $1.66 billion in 2022, representing a 40% increase from the previous year. Wall Street projected a $1.53 billion return for Block in 2022. Block’s stock jumped by 8% s...
Big tech is out, ‘old economy’ is in on Wall Street: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, February 24, 2023 Today’s newsletter...
US Futures Rise as Fed Aligns With Street Wagers: Markets Wrap
(Bloomberg) — US equity-index futures rose as investors grew confident the Federal Reserve’s peak interest rate would be within levels already priced in by markets. Most Read from Bloomberg Cont...
Chip giant squeaks by Wall Street expectations, despite 46% drop in gaming revenue
Graphics card giant Nvidia (NVDA) announced its Q4 earnings after the bell on Wednesday, beating analysts’ estimates on the top and bottom line despite a 46% year-over-year decline in gaming rev...
Crypto Markets Lost $50B Following Wall Street Tuesday Crash: Market Watch
Bitcoin failed at decisively overcoming $25,000 once again yesterday, and the subsequent rejection brought it back down to just below $24,000. Most altcoins have suffered even more on a daily scale, w...
Apple’s stock gains after Wall Street bull gets a little more bullish
Shares of Apple Inc. rose Wednesday after longtime bullish analyst Dan Ives at Wedbush raised his price target, citing signs that demand for iPhones in China has been growing. The technology behemoth’...