Robinhood notified customers who shorted Signature Bank’s stock it would let them keep their positions open after previously saying it would not honor their put options contracts due to the
Continue reading »An extremely online crisis: How Silicon Valley Bank unravelled
Democratic congressman Jeff Jackson was standing at his North Carolina home at about 2am Monday, local time, dressed in a hooded jumper and a cloak of earnestness. He was explaining
Continue reading »First Republic Bank executives sold $12 million in stock in months before crash
video Fed stepping in to fend off banking crisis ‘delays the inevitable’: Octavio Marenzi Opimas LLC CEO Octavio Marenzi discusses whether the banking crisis has been contained after Silicon Valley
Continue reading »Mortgage rates drop to stall rising trend
video Silicon Valley Bank collapse could stimulate housing market: Mike Aubrey The Mike Aubrey Group Executive Vice President Mike Aubrey discusses the impact of recent bank failures on Fed rate
Continue reading »Credit Suisse Down 28% as Its Biggest Backer Refuses Additional Help
Shares of Credit Suisse on the New York Stock Exchange (NYSE) fell over 28% at a fresh all-time low of $1.79 after Saudi National Bank (SNB) said it would stop
Continue reading »Before the Bell: Regional Banks Recover, Icahn Moves on Illumina, Plus Gold and Bitcoin
Premarket action on Tuesday had the three major U.S. indexes trading higher. The Dow Jones industrials were up 0.35%, the S&P 500 up 0.47% and the Nasdaq 0.45% higher. Seven
Continue reading »Silicon Valley Bank collapse rocks start-up community
video Startups will diversify banking partners after SVP collapse: Emil Michael DPCM Capital CEO and former Uber Chief Business Officer Emil Michael argues small businesses will diversify their banking partners
Continue reading »Silicon Valley Bank hit with class action lawsuit from shareholders
video SVB client: We didn’t put our money here ‘to take chances’ FOX Business’ Kelly O’Grady reports that smaller tech-led startups will ‘very much’ be impacted by Silicon Valley Bank’s
Continue reading »Investor who called Lehman collapse predicts the next big US bank failure
video Robert Kiyosaki warns bond market is crashing The Rich Dad Company co-founder Robert Kiyosaki explains why investors would be wise to buy gold and silver as the Fed and
Continue reading »Oil giant Saudi Aramco announces record profit of $161B in 2022
video Is China’s influence growing in Saudi Arabia? Hightower Resource Advisors CEO Tracy Shuchart provides insight on the stock market and the influence of China on ‘Making Money.’ Global oil
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