(Bloomberg) — Traders are steeling themselves for the risk of more turbulence after the biggest US bank collapse since the 2008 financial crisis sent shockwaves through markets. Most Read from B...
Tag: Upheaval
Who Saw It Coming? Short Sellers Were Out Front of Bank Upheaval
(Bloomberg) — While this week’s bank-stock drama blindsided most of the market, at least one corner of Wall Street spied trouble ahead. Most Read from Bloomberg Short sellers pushed bearish inte...
UAW leadership upheaval peaks ahead of automaker negotiations
United Auto Workers members on strike picket outside General Motors’ Detroit-Hamtramck Assembly plant on Sept. 25, 2019 in Detroit. Michael Wayland / CNBC DETROIT – As the United Auto Workers pr...
Warner Bros. Discovery to report results amid streaming upheaval, macro challenges
Warner Bros. Discovery (WBD) is set to report quarterly results after the bell on Thursday as the company grapples with increased cord cutting, more streaming competition, and an expected double-digit...
Intel’s Data Warning Hits AMD and Nvidia Stock. A Chip Sector Upheaval Is Near.
Intel ‘s disappointing results and warning of a contracting data-center market knocked the stock in some of its key rivals on Friday. Intel (ticker: INTC) shares were down 10% in premarket trading af...
Tesla Hodling Its Bitcoin Despite Market Upheaval
According to the company’s latest earning report, electric carmaker Tesla has continued to hold on to its estimated 9720 BTC for a second straight quarter. The company has steadfastly refused to sell...
Despite Industry Upheaval, Hong Kong Seeks Crypto Hub Status
Despite the continuing crisis in the cryptocurrency sector that was created by the collapse of the FTX, the government of Hong Kong has not wavered in its commitment to the development of cryptocurren...
Bob Iger returns as Disney CEO in shocking upheaval
What’s old is new again at Disney (DIS) — Bob Iger is officially back as CEO. In a shocking turn of events, the media giant announced late Sunday that Iger will return to lead the company as its...
Probes, executive upheaval continue to tank SPAC-backed EV start-ups
Electric Last Mile Solutions CEO James Taylor wanted to separate his electric vehicle company by staying out of controversies that had engulfed many of his competitors. “We have no lawsuits; no ...
The end of one-chip wonders: Why Nvidia, Intel and AMD’s valuations have experienced massive upheaval
It wasn’t too long ago that Intel Corp. was the unquestioned king of U.S. chip makers and the largest semiconductor company by market capitalization. It’s also not long since most computing was done w...