Why Silicon Valley Bank collapsed, and why it matters
Silicon Valley Bank collapsed on Friday, resulting in the second-largest bank failure in US history.
Silicon Valley Bank collapsed on Friday, resulting in the second-largest bank failure in US history.
Argus Research Director of Financial Services Stephen Biggar discusses the state of the U.S. banking system in the wake of Silicon Valley Bank’s collapse.
For once, Wall Street isn't blaming Powell for a market beatdown. Here's how I expect things to play out as we edge toward the end of March.
These historically profitable dividend-paying stocks are ideal for risk-averse investors wanting to take advantage of a bear market discount.
Former Coinbase Chief Technology Officer (CTO) Balaji Srinivasan is betting big on Bitcoin (BTC/USD), predicting the cryptocurrency will hit $1 million by June 17 because of a rapid devaluation of the U.S. dollar. Srinivasan entered into a $1 million bet via Twitter with two individuals, offering up Circle's USDC stablecoin to pseudonymous Twitter personality James Medlock and another unnamed person if Bitcoin fails to achieve the historic gains he predicts. The bet is part of Srinivasan’s view
Ford gave investors and analysts today a peek at how it will reorganize its business units and report financial performance.
If you're nearing the age for Medicare eligibility, there are some things you should know about Medicare. One of those things is whether Medicare premiums are tax-deductible. You want to ensure you file your taxes correctly, but you also want … Continue reading → The post Are Medicare Premiums Tax Deductible? appeared first on SmartAsset Blog.
Americans across the board are feeling the adverse side effects of inflation, with many of them slumping deeper into debt as a result. To help see taxpayers through these tough times, some states are...
(Bloomberg) -- Hindenburg Research said it will soon release a new report, two months after the US short seller’s explosive allegations against Adani Group wiped more than $100 billion off the Indian conglomerate’s market value.Most Read from BloombergJack Dorsey’s Block Falls After Hindenburg Says It’s Short the StockUS Fears a War-Weary World May Embrace China’s Ukraine Peace BidShort Seller Hindenburg Says ‘Another Big One’ Coming SoonFinally, a Serious Offer to Take Putin Off Russia’s HandsA
U.S. central bankers see the policy rate, now in the 4.75%-5.00% range after Wednesday's increase, at 5.1% by year end, according to the median estimate in the Fed's latest quarterly summary of economic projections. “Despite the Fed pressing ahead with a 25bps rate hike today, we see considerable uncertainty in the path ahead and would downplay the significance of updated economic and dot plot projections in such a fast-moving environment,” Ashish Shah, chief investment officer of Goldman Sachs’ public investing business, said in a note. The inversion in the closely watched yield curve between two-year and 10-year notes narrowed as far as minus 48 basis points and was last at minus 52 basis points, compared to around minus 60 basis points before the Fed’s decision.
To be sure, many dividend stocks aren't likely to deliver huge gains. Here are three dividend stocks that could soar 43% to 70% over the next 12 months, according to Wall Street. Devon Energy's (NYSE: DVN) dividend yield currently stands at 10.5%.
Cathie Wood manages several funds through her company Ark Invest that focus on innovative growth. While no company or investment analyst can promise comparable growth, investors hold tremendous potential for outsized gains with Roku (NASDAQ: ROKU) and Zoom Video Communications (NASDAQ: ZM). Roku currently makes up about 5.6% of Cathie Wood's combined portfolios, and it has become more troubled as of late.
UBS on Sunday agreed to buy rival Swiss bank Credit Suisse for 3 billion Swiss francs ($3.23 billion) in stock and agreed to assume up to 5 billion francs ($5.4 billion) in losses, in a shotgun merger engineered by Swiss authorities to avoid more market-shaking turmoil in global banking. Klein, a veteran dealmaker, was merging his eponymous advisory boutique into Credit Suisse's investment banking operations to create CS First Boston as a standalone business which he would have led from New York. UBS has now assigned a legal team to examine how to void the contract Credit Suisse signed with Klein in the cheapest way possible, according to the FT report, which cited people with direct knowledge of the matter.
Stock experts often tout the merit of taking the long-term view rather than looking for short term gains. It’s a strategy that gets the thumbs up from Morgan Stanley’s US Equity Strategy team, led by Mike Wilson. Wilson has been one of the Street’s most vocal bears for a while, but while he does not see the bear market as over just yet, he forecasts a “stronger earnings picture” by next year. A friendlier monetary policy, high inflation receding, pent-up demand in investment/capex and in specifi
Here are two top-rated stocks from the Zacks Finance sector that investors may want to consider. These stocks are also Dividend Aristocrats, raising their dividends for at least 25 consecutive years.
See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.
The last few weeks have been rocky, with the collapse of Silicon Valley Bank, and the crypto-heavy Silvergate and Signature banks, dominating the headlines. For a short time, it seemed that the contagion would spread to the global financial giants. Now, however, it appears that we’ve managed to avoid a true banking crisis – and Raymond James’ chief investment officer Larry Adam has pointed out several reasons why. For starters, Adam notes that Credit Suisse, despite its troubles, found a way out
Disinflation might be a pipe dream.
The legendary investor published a chart which quantifies the uninsured clients and unrealized capital losses for major regional banks.
BFAM, F and NMRK have been added to the Zacks Rank #5 (Strong Sell) List on March 23, 2023.