The market is looking for the next ‘domino’ to fall, keeping banks under pressure
After an intense few days in which the fate of ailing lender First Republic was finally determined, veteran banking analyst…
Stocks making the biggest moves premarket: Starbucks, AMD, Pearson, PacWest & more
Check out the companies making headlines in premarket trading. Eli Lilly — The pharmaceutical stock rose more than 5% on…
After First Republic’s rescue, economists predict further pain with a ‘new era’ of higher inflation
After the rescue of First Republic Bank by JPMorgan Chase over the weekend, leading economists predict a prolonged period of…
Michael Milken says recent crisis is the same mistake banks have been making for decades
Famed investor Michael Milken said Tuesday that the current banking crisis stemmed from a classic asset-liability mismatch that has played…
Stocks making the biggest moves after hours: Ford, Starbucks, Clorox and more
Check out the companies making headlines after hours. Ford Motor — Ford topped analysts’ expectations on the top and bottom…
Stocks making the biggest moves midday: Uber, Chegg, Dell, PacWest, SoFi & more
Check out the companies making headlines in midday trading. Uber — Shares of the ride-hailing giant jumped 11.6% after the…
Stocks making the biggest premarket moves: Uber, Pfizer, Chegg, Dell & more
Check out the companies making the biggest moves in premarket trading: Uber Technologies — Shares gained nearly 8% after reporting…
Chegg shares drop more than 40% after company says ChatGPT is killing its business
Chegg shares tumbled after the online education company said ChatGPT is hurting its growth. “In the first part of the…
Wall Street is cutting more jobs as Morgan Stanley plans 3,000 layoffs
As Wall Street’s slump in IPOs and mergers deepens this year, top advisory firms including Morgan Stanley, Bank of America…
Hindenburg Research goes after Carl Icahn in latest campaign for market-moving short seller
Notable short seller Hindenburg Research is going after famed activist investor Carl Icahn. The Nathan Anderson-led firm took a short…
