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Credit Suisse's chairman says he's 'truly sorry' as angry investors crash the rescued bank's final shareholder meeting

Tue, 04/04/2023 - 07:31

Credit Suisse Axel Lehmann — Credit Suisse chairman Axel Lehmann told shareholders he was 'truly sorry' at the failed bank's final AGM.
Pierre Albouy/Reuters

Markets, MI Exclusive, Stocks, Banking Crisis, Credit Suisse, ubs, Stock Market Analysis

WWE and UFC owner Endeavor are combining to form a $21 billion sports and entertainment giant

Tue, 04/04/2023 - 05:10

Brock Lesnar — WWE and UFC Endeavor are combining to form a new publicly-listed sports and entertainment giant, the two companies said Monday.
AP Images

Markets, MI Exclusive, Stocks, wwe, UFC, Endeavor, Vince McMahon

Tesla could extend its massive rally this year with Elon Musk's EV price war clearly stoking up demand, Wedbush says

Mon, 04/03/2023 - 11:48

Model Y — Tesla has slashed the price of its Model Y and Model 3 vehicles this year in a bid to boost demand.
Matt Debord/Business Insider

Markets, MI Exclusive, Stocks, tesla, tesla stock, Elon Musk, Price War

The Nasdaq just logged its best quarter since 2020, powered higher by Nvidia and Meta

Mon, 04/03/2023 - 05:58

nasdaq — The Nasdaq Composite jumped 17% over the past quarter as investors scaled back their bets on interest-rate hikes.
REUTERS/Eric Thayer

Markets, MI Exclusive, Stocks, Stock Market Analysis, Stock Market Outlook, Stock Market Strategy, Investing Analysis

Brace for the US economy to crash-land as the banking turmoil creates a credit crunch, Allianz says

Sat, 04/01/2023 - 05:00

SVB — The ongoing banking crisis could trigger a credit crunch and an economic crash, Allianz has warned.
Nikolas Liepins/Anadolu Agency via Getty Images

Markets, MI Exclusive, Stocks, Recession, Banking Crisis, Credit Crunch, Allianz

The dollar slipped this quarter after surging in 2022. Its struggles could be a sign of things to come.

Fri, 03/31/2023 - 08:15

US dollar printing — The US dollar slipped under 1% over the past quarter – but analysts are warning there could be troubles ahead for the greenback.
EVA HAMBACH/Getty Images

Markets, MI Exclusive, Forex Outlook, Forex News, Dollar Weakness, US Dollar, Currencies

Deutsche Bank's shares slide 10% as bets it will default on its debt soar

Fri, 03/24/2023 - 10:21

Deutsche Bank — Deutsche Bank shares plunged Friday after a sharp spike in its credit default swaps.
REUTERS/Kai Pfaffenbach

Markets, MI Exclusive, Stocks, Deutsche Bank, Banking Crisis, Stock Market Analysis, Stock Market Outlook

The Fed fueled the banking turmoil and should've seen it coming, says famed short-seller Carson Block

Fri, 03/24/2023 - 10:09

carson block — Carson Block.
REUTERS/Rick Wilking

Markets, MI Exclusive, Stocks, Carson Block, Short Sellers, Muddy Waters Research, Stock Market Analysis

Barry Sternlicht warns the economy is facing a sharp slump as the Fed uses 'a steamroller to get the price of milk down 2 cents'

Fri, 03/24/2023 - 07:45

Barry Sternlicht — Billionaire investor Barry Sternlicht slammed the Federal Reserve's heavy-handed interest-rate hikes Thursday.
PATRICK T. FALLON/AFP via Getty Images

Markets, MI Exclusive, Stocks, Barry Sternlicht, Federal Reserve, Jerome Powell, Inflation

Elon Musk jokes ChatGPT 'couldn't do worse' than Jerome Powell as he slams the Fed's latest rate hike

Thu, 03/23/2023 - 05:54

Elon Musk — Elon Musk joked ChatGPT "couldn't do worse" than Fed boss Jerome Powell.
Bill Pugliano/Getty Images

Markets, MI Exclusive, Stocks, Elon Musk, Federal Reserve, Interest Rates, Stock Market Analysis

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