Cathie Wood catches up with the ChatGPT craze as Ark's internet fund snaps up Microsoft stock for the 1st time

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Cathie Wood Ark
Ark Invest CEO Cathie Wood.

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Florida Governor Ron DeSantis proposes banning a digital currency from the Fed, arguing it will stifle innovation and promote surveillance

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Ron DeSantis
Ron DeSantis speaks during an election night watch party at the Convention Center in Tampa, Florida, on November 8, 2022.

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First Republic and other regional bank stocks surge as Yellen sees crisis 'stabilizing' and big lenders eye more support

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A man rides a bicycle past the First Republic Bank branch in Santa Monica, California.
A man rides a bicycle past the First Republic Bank branch in Santa Monica, California.

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Credit Suisse's rescue had a sting in its tail for the banking crisis. Here's what you need to know about AT1 bonds.

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Credit Suisse logo
The Swiss regulator wrote the value of Credit Suisse's AT1 bonds down to zero as part of UBS's takeover deal Sunday.

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'Big Short' investor Steve Eisman says today's bank turmoil is nowhere close to a repeat of the 2008 financial crisis

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Steve Eisman
Steve Eisman.

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A recession could be postponed for years, and the stock market is poised for a big bounce after it gets through recent turmoil, Fundstrat says

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Investors think a systemic credit event has replaced high inflation as the number one risk to the stock market

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NYSE trader

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Brace for the S&P 500 to plunge 50% and a painful recession to strike as the 'everything bubble' bursts, elite investor Jeremy Grantham warns

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Jeremy Grantham.

REUTERS/Nicholas Roberts

US stocks climb as banking fears ease and investors focus on key Fed meeting

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NYSE Trader
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, New York, U.S., March 3, 2020.

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Treasury Secretary Janet Yellen says the US banking crisis is 'stabilizing' and the government could provide more backing for deposits

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Treasury Sec. Janet Yellen
U.S. Treasury Secretary Janet Yellen at IMF headquarters in October 2022 in Washington, DC.

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