Stocks making the biggest moves midday: Nvidia, First Republic, Nike, GameStop and more 22. March 2023 Finance (0) These are the stocks posting the largest moves in midday trading.
Financial conditions are tightening after SVB's collapse and could slow the economy, Powell says 22. March 2023 Finance (0) The regional banking crisis could slow the U.S. economy even as deposits stabilize, the Fed chair said.
PacWest falls 10% after regional bank discloses deposit outflows, additional liquidity 22. March 2023 Finance (0) The bank said Wednesday that it now has $27.1 billion in deposits, which is down from $33.9 billion at the end of December.
Bitcoin rises ahead of key Fed decision 22. March 2023 Finance (0) Cryptocurrencies rose slightly on Wednesday, building on recent gains as investors awaited the latest policy decision from the Federal Reserve.
SEC charges TRON founder Justin Sun, celebrities Lindsay Lohan, Jake Paul with crypto violations 22. March 2023 Finance, Technology (0) The SEC unveiled charges against diplomat Justin Sun for fraud and securities violations, while charging celebrity backers including Jake Paul and Lindsey Lohan.
Coinbase warned by SEC of potential securities charges 22. March 2023 Finance, Technology (0) The SEC issued crypto exchange Coinbase a Wells notice, warning the exchange that it identified potential violations of U.S. securities law.
Trump appears to lose appeal of key ruling in criminal probe of classified records stored at Mar-a-Lago 22. March 2023 Finance (0) Trump is under criminal investigation for the removal of classified documents from the White House when he left office. They were kept at his Mar-a-Lago club.
Carvana shares pop as company offers first-quarter guidance, restructures debt 22. March 2023 Finance (0) Carvana expects a first-quarter loss of between $50 million and $100 million, drastic improvement from a loss of $348 million it reported a year earlier.
Bitcoin at $100,000? Insiders say the cryptocurrency could test new highs this year 22. March 2023 Finance, Technology (0) The predictions of new record highs mark a more optimistic outlook than in January when industry executives told CNBC they expected 2023 to be a year of caution.
Wells Fargo lists financial instability as biggest economic risk post-Fed decision 22. March 2023 Finance (0) "The Fed is not really giving enough credence to the idea that tighter credit means things weaken in a fairly quick manner," Wells Fargo's Mike Schumacher says.