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Category: Business

SoFi CEO Noto continues loading up on stock with new $240,000 purchase

SoFi CEO Noto continues loading up on stock with new $240,000 purchase

March 17, 2023 Rose Cleaver

SoFi Technologies Inc. Chief Executive Anthony Noto is continuing his buying spree, scooping up another $240,000 worth of the financial-technology company’s stock Thursday…

Peter Thiel left $50M in SVB as own firm raised alarm

Peter Thiel left $50M in SVB as own firm raised alarm

March 17, 2023 Allen Davis

Venture capitalist Peter Thiel left $50 million of his own cash in doomed Silicon Valley Bank — even though his company had raised…

First Republic Rout Resumes as Rescue Package Fails to Stem Drop

First Republic Rout Resumes as Rescue Package Fails to Stem Drop

March 17, 2023 Rose Cleaver

(Bloomberg) — First Republic Bank shares tumbled again on Friday, set for their worst week ever, as sentiment around the lender remained fragile…

Silicon Valley Bank's parent company files for Chapter 11

Silicon Valley Bank’s parent company files for Chapter 11

March 17, 2023 Allen Davis

The parent company of doomed Silicon Valley Bank filed for Chapter 11 bankruptcy protection on Friday after the firm’s rapid implosion upended the…

First Republic Stock Halted, Credit Suisse Slumps As Cracks Appear In Global Bank Rescue

March 17, 2023 Rose Cleaver

First Republic Stock Halted, Credit Suisse Slumps As Cracks Appear In Global Bank Rescue Rose CleaverRose is a name that comes with an…

Dow Jones Futures Fall 300 Points As First Republic Crashes 22% On Dividend Suspension

Dow Jones Futures Fall 300 Points As First Republic Crashes 22% On Dividend Suspension

March 17, 2023 Rose Cleaver

Dow Jones futures dropped 300 points Friday morning, as First Republic Bank (FRC) dived 22% after the company detailed its financial conditions late…

Futures lower as First Republic rescue weighs on banks

Futures lower as First Republic rescue weighs on banks

March 17, 2023 Rose Cleaver

Stock futures were lower Friday morning as investors digested a topsy-turvy day of news flow Thursday that ended with a consortium of 11…

Kevin O’Leary says the US government has ‘nationalized’ the American banking system. Here’s what he likes instead

Kevin O’Leary says the US government has ‘nationalized’ the American banking system. Here’s what he likes instead

March 17, 2023 Rose Cleaver

‘I would never put my money into a bank stock ever again’: Kevin O’Leary says the US government has ‘nationalized’ the American banking…

AT&T and Verizon: We Compare, You Make the Call

AT&T and Verizon: We Compare, You Make the Call

March 17, 2023 Rose Cleaver

AT&T and Verizon: We Compare, You Make the Call Rose CleaverRose is a name that comes with an epic description for technology geek….

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