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White house says it's monitoring short-selling pressure on bank stocks

White House press secretary Karine Jean-Pierre on Thursday indicated the Biden administration is paying attention to the banking sector's stocks KBE, ...

May 4, 2023, 2:31 pm

Markets reacting to the central banks and regional bank concerns

The ECB matched the Fed hike of 25 basis points today. Yesterday the USD fell. Today the EUR fell after the hikes. Go figure. Concerns about banking i...

May 4, 2023, 1:15 pm

Paramount misses 1q revenue estimates as advertisers cut spending and streaming growth slows

Paramount Global missed first-quarter revenue estimates after adding fewer subscribers to its streaming...

May 4, 2023, 9:19 am

First horizon stock tumbles 50% after td bank merger collapses

First Horizon and TD Bank have called off a $13 billion deal that would have formed America's sixth-largest bank, ...

May 4, 2023, 7:52 am

Trade ideas thread - european session 4 may 2023

The dollar is keeping weaker in the new day after the Fed hiked as expected but signaled a pause in the tightening cycle. ...

May 4, 2023, 5:27 am

Uh-oh: sec is not considering short selling ban as worries over bank soundness hurt shares

Oh dear. Sometimes its better not to say anything at all. This is the vibe US officials are grappling with:US regional bank PacWest is considering str...

May 3, 2023, 9:39 pm

Adobe's $20b figma acquisition falls on uk antitrust radar

The U.K.'s competition authority is adding Adobe's proposed $20 billion bid for digital design rival Fi...

May 3, 2023, 9:55 am

Ford slashes prices on its all-electric mustang mach-e as it reopens orders

Ford cut the price of its all-electric Mustang Mach-E by as much as $4,000 while adding range and other...

May 2, 2023, 4:46 pm

Coinbase launches international crypto derivatives exchange

Coinbase has launched a global cryptocurrency derivatives exchange days after disclosing that it was going offshore with a Bermuda license. The US-bas...

May 2, 2023, 3:44 pm

Faraday future is adding generative ai to its vaporware ev

Faraday Future is nearly out of cash and its long-delayed EV has yet to land in customers' hands, which means this is the perfect time for the publicl...

May 2, 2023, 1:25 pm

Vly stock alert: is valley national the next bank to fail?

Valley National Bancorp (NASDAQ: VLY ) stock tumbled 20% yesterday amid fears that VLY would be hurt by contagion arising from the failure of multiple...

May 2, 2023, 9:41 am

This 6.7%-yielding dividend stock continues adding fuel to grow the payout

Enbridge is acquiring another natural gas storage facility. It will supply incremental income while advancing the company's strategy....

May 2, 2023, 7:34 am

Stocks to buy: 7 earnings winners to load up on in may

While the meat of the financial disclosure season didn't quite get off to an auspicious start, a few notable enterprises produced strong results, maki...

May 1, 2023, 12:57 pm

Ecb still likely to lean towards a 25 bps rate hike this week

However, those odds could swing significantly depending on the numbers that we see for the Eurozone CPI data tomorrow. But after having seen the natio...

May 1, 2023, 7:27 am

U.s. weekly fundflows insight report: international equity funds record second-largest weekly outflow of year

During Refinitiv Lipper's fund-flows week that ended April 26, 2023, investors were overall net purchasers of fund assets (including both conventional...

April 30, 2023, 4:00 am

Google cloud boss kurian's rocky path to profit: 'we were not in a very good situation'

Under Thomas Kurian, Google's cloud unit has focused on adding big clients and improving data center ef...

April 29, 2023, 9:00 am

Games workshop founder says uk games sector ‘in favour' of microsoft activision deal

Sir Ian Livingstone, the co-founder of Games Workshop Group PLC (LSE:GAW), has contradicted comments made by the UK competition watchdog after shuttin...

April 28, 2023, 10:32 am

Trade ideas thread - european session 28 april 2023

The euro is going to be one to watch today for a multitude of reasons. EUR/USD in itself is in a dilemma once again, as it contests for a firm break a...

April 28, 2023, 5:27 am

Us officials reportedly coordinating rescue talks for first republic bank

The sources said that the FDIC, the Treasury Department, and the Fed are among those involved in coordinating urgent talks to put together a lifeline ...

April 28, 2023, 5:15 am

Why tractor supply stock sank today

Tractor Supply is adding stores and gaining market share. Management reiterated its full-year outlook e...

April 27, 2023, 11:51 am


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