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First Republic Bank erases plunge and soars 28% on report of deal talks with larger banks

Thu, 03/16/2023 - 14:33

Tech Insider

nyse svb first republic trading floor — Timothy A. Clary/AFP via Getty Images

Markets, MI Exclusive, first republic bank, Stock Market, Regional Banks, Mover, Trading

Bets that Credit Suisse will default on its debt have hit a record high as pressure mounts on the banking industry

Wed, 03/15/2023 - 14:14

Tech Insider

Credit Suisse — The logo of Swiss bank Credit Suisse is seen at a branch office in Bern, Switzerland October 28, 2020. Picture taken October 28, 2020.
Arnd Wiegmann/Reuters

Markets, MI Exclusive, Credit Suisse, Credit Suisse stock, Banks, Stock Market, Mover

Charles Schwab plunges 19% as investors worry about banks sitting on big bond losses following Silicon Valley Bank collapse

Mon, 03/13/2023 - 09:43

Tech Insider

NYSE trader — Drew Angerer/Getty Images

Markets, MI Exclusive, Stock Market, Charles Schwab, Silicon Valley Bank, Mover, Interest Rates

First Republic and PacWest Bancorp plunge as fears of contagion grow following the biggest bank failure since 2008

Fri, 03/10/2023 - 16:08

Tech Insider

Trader at NYSE — A trader works at the New York Stock Exchange NYSE in New York, the United States, on March 9, 2022.
Michael Nagle/Xinhua via Getty

Markets, MI Exclusive, Stock Market, Silicon Valley Bank, SVB Financial Group, Mover, First Republic

SVB plummets 60% after higher interest rates spark billions in losses on a $21 billion bond portfolio

Thu, 03/09/2023 - 16:12

Tech Insider

NYSE trader — Drew Angerer/Getty Images

Markets, MI Exclusive, Silicon Valley Bank, SVB Financial Group, Stock Market, Mover, finance

Bank stocks plunge after implosions at Silicon Valley Bank and Silvergate Capital send 'shock waves' through the sector

Thu, 03/09/2023 - 16:07

Tech Insider

Stock Trader — Photo by TIMOTHY A. CLARY/AFP via Getty Images)

Markets, MI Exclusive, Stock Market, Bank stocks, Mover, Silicon Valley Bank, Silvergate Capital

Tesla's plan to slash its use of rare-earth metals in future vehicle production sends semiconductor stocks tumbling

Thu, 03/02/2023 - 13:01

Tech Insider

Elon Musk Tesla — Getty Images

Markets, MI Exclusive, tesla, Rare Earth Metals, Elon Musk, Semiconductors, Stock Market

Nvidia adds $79 billion in market value after CEO Jensen Huang says ChatGPT represents an inflection point for artificial intelligence

Thu, 02/23/2023 - 11:09

Tech Insider

Jensen Huang — Jensen Huang, CEO of Nvidia, shows the old (R) and new computers for autonomous vehicles at his keynote address at CES in Las Vegas, Nevada, U.S. January 7, 2018.
Rick Wilking/Reuters

Markets, MI Exclusive, Stock Market, nvidia, nvidia earnings, Nvidia stock, Artificial Intelligence

Space exploration company Intuitive Machines soars 259% following SPAC merger as investors revive 2021 playbook

Wed, 02/22/2023 - 15:42

Tech Insider

trader, NYSE — Xinhua/Wang Ying/ Getty Images

Markets, MI Exclusive, Intuitive Machines, Stock Market, Trading, Mover, SPAC

Norfolk Southern has erased $5 billion in market value since the Ohio train derailment spilled toxic chemicals into East Palestine

Fri, 02/17/2023 - 11:35

Tech Insider

A dark plume of smoke rises from a train derailment in East Palestine, Ohio, that leaked toxic chemicals. — A dark plume of smoke rises from a train derailment in East Palestine, Ohio, that leaked toxic chemicals.
AP

Markets, MI Exclusive, Stock Market, Norfolk Southern, Train Derailment, Ohio train derailment, Mover

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