Bill Ackman Says Government Response To SVB Collapse Not Bailout: ‘People Who Screwed Up Will Bear The Consequences’
[ad_1] Banking regulators stepped in to stem the rot at SVB Financial Group SVB-owned Silicon Valley Bank, as they announced multiple measures, including giving depositors access to all of their…
Mark Cuban Says This Key Factor Will Determine Whether SVB Fiasco Boomerangs Into A Contagion – SVB Finl Gr (NASDAQ:SIVB)
[ad_1] Shark Tank fame Mark Cuban shared his take on the problems staring at the banking system and the broader economy following the collapse of Silicon Valley Bank, owned by…
Apple’s Recent High-Profile Departures Just Beginning, Tim Cook May Not Go Anywhere Soon, Says Gurman – Apple (NASDAQ:AAPL)
[ad_1] Apple, Inc. AAPL has been hit with a new problem — and, this time, it has nothing to do with its much-loved product portfolio or its growing services business. What Happened:…
Former VP Mike Pence Says Trump Will Be Held ‘Accountable’ For Jan 6. Attack
[ad_1] Mike Pence, who served as vice president under former President Donald Trump, lashed out at his former boss at the annual Gridiron Club Dinner held in Washington, D.C. on Saturday.…
Scaramucci Warns Of Regional Bank Runs If Fed Doesn’t Act On SVB: ‘Why Are We Paying All Of These Taxes?’ – SVB Finl Gr (NASDAQ:SIVB)
[ad_1] As experts continue to weigh in on the fallout of SVB Finance Group SIVB-owned Silicon Valley Bank’s collapse, one more voice from the Street joined the chorus. What Happened:…
Jim Cramer Touts This Bank As ‘Very Good’ One Amid SVB’s Collapse — A Warning Signal? – First Republic Bank (NYSE:FRC)
[ad_1] Amid the banking mayhem in the wake of the SVB Financial Group SIVB fallout, CNBC “Mad Money” host Jim Cramer gushed over one of his banking bets. — What Happened:…
Janet Yellen Says No To Silicon Valley Bank Bailout: ‘We’re Not Going To Do That Again’ – SVB Finl Gr (NASDAQ:SIVB)
[ad_1] The collapse of the Silicon Valley Bank, owned by SVB Financial Group SIVB is clearly a concern, but a bailout is out of the question, Treasury Secretary Janet Yellen…
Why Trump’s Niece Thinks Ron DeSantis Should Sit Out 2024 Race And Run In 2028 Instead
[ad_1] Mary Trump, the niece of former President Donald Trump, offered her thoughts last week on who she believes will win the Republican presidential primaries. What Happened: As of now, Donald Trump…
In A Revealing Email, Ron Baron Had This Friendly Advice For Elon Musk – Tesla (NASDAQ:TSLA)
[ad_1] Although billionaire Ron Baron has made no bones about his admiration for Elon Musk and Tesla TSLA, the mutual fund manager and investor wasn’t keen on one thing Musk…
Tech Investor Warns Of 2 Potential Systemic Risks From SVB Implosion; Fed Needs To ‘Bearhug The Situation’ – SVB Finl Gr (NASDAQ:SIVB)
[ad_1] Delving into the collapse of SVB Financial Group’s SIVB Silicon Valley Bank, former PayPal executive, tech investor and entrepreneur David Sacks said he sees two adverse outcomes of the…
Bill Ackman Says Government Has 48 Hours To Fix The SVB Mess: ‘A Soon-To-Be-Irreversible Mistake’ – SVB Finl Gr (NASDAQ:SIVB)
[ad_1] Following the collapse of Silicon Valley Bank, owned by its holding company SVB Financial Group SIVB, hedge fund manager Bill Ackman called for immediate action from the government. What…
Tesla Stock Falls, Ford F-150 Lightning Recall, And More: Biggest EV Stories Of The Week – Tesla (NASDAQ:TSLA), Ford Motor (NYSE:F), Rivian Automotive (NASDAQ:RIVN)
[ad_1] The week was marred by negative headlines surrounding electric vehicle companies, and, unsurprisingly, a number of EV stocks ended deep in the red. Here are several key events that happened during the week: Tesla…
SVB’s Implosion Gets Wall Street Talking: Cuban, Ackman, Chanos, Burry, Schiff And Krugman Respond – SVB Finl Gr (NASDAQ:SIVB)
[ad_1] The collapse of Silicon Valley Bank, which is held by SVB Financial Group SIVB has sent shock waves across the markets. On Thursday, as the stock market digested the…
DeSantis Vs. Trump: One Maintains Strong Lead But The Other Is Positioned To Surge Ahead
[ad_1] A recent poll showed that former President Donald Trump is clearly the favorite among the Republicans in the state of Iowa, but the numbers may not be telling the…
Will Inflation Save The Market After Powell’s Hawkish Stance And Strong Jobs Data?
[ad_1] The financial markets have been swaying to each piece of incoming economic data, given the Fed Reserve’s data dependence in its current rate-tightening cycle. The upcoming week will have more…
Michael Burry Drops Cryptic Tweet: ‘Possible Today We Found Our Enron’ – SVB Finl Gr (NASDAQ:SIVB)
[ad_1] The Big Short fame Michael Burry, who is notorious for putting out market-sensitive cryptic tweets and then deleting them, is at it again. What Happened: “It’s possible today we…
Is Cathie Wood Still Invested In Troubled Crypto-Linked Silvergate Stock? – ARK Fintech Innovation ETF (ARCA:ARKF), Silvergate Capital (NYSE:SI)
[ad_1] The collapse of Sam Bankman-Fried‘s FTX cryptocurrency exchange appears to have further legs to play out as the crypto-friendly Silvergate Bank, which is owned by Silvergate Capital Corp. SI and…
Biden’s Tax Hike Push To Drive Innovation ‘Migration’ To ‘Asia And Elsewhere,’ Predicts Cathie Wood
[ad_1] President Joe Biden, this week, put forward proposals that would help boost tax income to meet the funding needs for the Medicare program. What Happened: Ark Invest founder Cathie Wood…
Tesla Sell-Off Could Extend For 4th Straight Session: Why Stock Is Heading Lower In Thursday’s Premarket – Tesla (NASDAQ:TSLA)
[ad_1] Tesla Inc. TSLA shares could fall for a fourth straight session, going by the pullback in premarket trading on Thursday. What Happened: The recent lackluster phase started after Tesla disappointed…
‘Dividends,’ ‘China,’ ‘Inflation’ And More: AI Reveals What Worried Investors Are Searching For In Troubled Times – Apple (NASDAQ:AAPL), Tesla (NASDAQ:TSLA)
[ad_1] The economy is navigating through uncertain times and this uncertainty has seeped down into all sectors of the economy. Corporate profit growth has been no exception and has suffered…
Meet Tesla’s All-Star Leadership Team: The Brilliant Minds Behind Elon Musk’s Billion-Dollar EV Venture – Tesla (NASDAQ:TSLA)
[ad_1] Amid Tesla Inc.’s TSLA stock plunge in 2022, many, including backers, began criticizing a lack of a front-face leadership team at the electric vehicle maker. What Happened: The March 1…
Cathie Wood ‘Frustrated’ With Google Search: Why Microsoft ChatGPT Is ‘iPhone Moment Of This Decade’ – Microsoft (NASDAQ:MSFT), Alphabet (NASDAQ:GOOGL)
[ad_1] Artificial intelligence has transitioned into a war among the big boys of the tech world, and with the stakes high, each player has upped the ante to make inroads…
Why Wharton’s Jeremy Siegel Is Optimistic Despite Growing Rate Hike Fears
[ad_1] Federal Reserve Chair Jerome Powell spooked markets after signaling a possible return to bigger interest rate hikes at the March meeting. Ahead of the first day of Powell’s Congressional testimony, Wharton Professor Jeremey Siegel offered…
Why Rivian Stock Is Diving In Tuesday’s Premarket – Rivian Automotive (NASDAQ:RIVN)
[ad_1] Shares of electric vehicle startup Rivian Automotive Inc. RIVN were trending lower in premarket trading on Tuesday. What Happened: The Irving, California-based company said it intends to offer $1.3 billion…
Tesla Loses ‘Top Pick’ Status: Analyst Backs This Luxury Carmaker As Best Positioned To Weather Challenges – Ferrari (NYSE:RACE)
[ad_1] Tesla Inc. TSLA lost its “Top Pick” rating with Morgan Stanley, apparently due to perceived riskiness, as the firm switched its allegiance to a more defensive name in the space.…