US stocks decline as traders brace for big earnings from mega-cap tech firms

Tech Insider
Traders work on the floor of the New York Stock Exchange
Traders work on the floor of the New York Stock Exchange

Spencer Platt/Getty Images

India could rely on Russia for half its oil imports soon as Moscow continues to sell cheap barrels

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Vladimir Putin
Russian President Vladimir Putin.

Alexei Druzhinin/RIA Novosti, Kremlin Pool Photo via AP

A group of Tesla investors including big pensions and institutions are calling for the board to rein in Elon Musk

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elon musk
Tesla CEO Elon Musk.

REUTERS/Mike Blake

The crash in US regional bank stocks isn't over as the lenders face regulatory changes and commercial-property risks, Morgan Stanley strategist says

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People cross the street near the Morgan Stanley headquarters in New York.
Morgan Stanley HQ

Reuters

The US will tip into a recession in mid-2023, according to an indicator that's declined for 12 consecutive months

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traders nyse
Traders work on the floor of the NYSE in New York

Brendan McDermid/Reuters

First Republic just revealed how SVB's failure rattled its business - and shared plans that may fuel fears of a credit crunch

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office space bobs
First Republic's bosses expect to lay off 20% to 25% of the bank's employees this quarter.

YouTube / Office Space

This Sequoia-backed EdTech startup that's bringing NFTs to classrooms just secured an $8.5 million funding round

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TipTap
Animoca Brands’ subsidiary TinyTap raises $8.5 million in funding.

Ayelet Anikst/Tiny Tap

  • EdTech startup TinyTap raised $8.5 million for staff expansion and product development, Insider has learned.

There's a real risk of a debt ceiling crisis - and a market tantrum may be needed to break the political deadlock, Evercore strategist warns

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debt ceiling
Investors need to start worrying more about a potential debt-ceiling crisis, according to Evercore ISI's Krishna Guha.

Getty Images/Spencer Platt

Elon Musk warns against weaponizing currencies as the de-dollarization movement takes hold

Tech Insider
A man holds up dollar bills in a money exchange office in Istanbul, Turkey.
A man holds up dollar bills in a money exchange office in Istanbul, Turkey.

YASIN AKGUL/AFP via Getty Images

Bernard Arnault's LVMH empire just smashed the $500 billion market-value barrier, eclipsing Exxon and tailing Tesla

Tech Insider
A woman with a Louis Vuitton-branded shopping bag looks towards the entrance of a branch store by LVMH Moet Hennessy Louis Vuitton in Vienna, Austria October 4, 2018. REUTERS/Lisi Niesner
Woman with a Louis Vuitton-branded shopping bag looks towards the entrance of a branch store by LVMH Moet Hennessy Louis Vuitton in Vienna

Thomson Reuters

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