Shares of Credit Suisse hit a fresh all-time low for the second consecutive day as the bank’s biggest backer says it can’t provide more financial help.
Schlagwort-Archiv: Markets
Credit Suisse chair says SVB crisis looks contained, rejects talk of government assistance
On Friday, SVB was taken over by regulators after massive withdrawals a day earlier effectively created a bank run.
BMW expects higher margin and deliveries in 2023 amid electric rollout
The company plans to deliver 10 million fully electric vehicles by 2030.
Ron Baron bought Charles Schwab shares during Monday’s double-digit sell-off
The 79-year-old investor said he „modestly increased“ his position in the financial name, seeing Monday’s pullback as a buying opportunity.
Ron Baron bought Charles Schwab shares during Monday’s double-digit sell-off
The 79-year-old investor said he „modestly increased“ his position in the financial name, seeing Monday’s pullback as a buying opportunity.
Stocks making the biggest moves premarket: First Republic, Western Alliance, Uber, Lyft and more
First Republic led a rebound in regional bank stocks. Uber and Lyft got a boost from a court ruling.
First Republic shares jump 50% as regional banks rebound sharply from Monday’s sell-off
Regional bank stocks rebounded on Tuesday as investors digested the fall-out from the collapse of Silicon Valley Bank and stabilization efforts from regulators.
Credit Suisse shares sink 5% as ‚material weaknesses‘ found in financial reporting
Credit Suisse said its net asset outflows had „not yet reversed,“ and that „material weaknesses“ were identified in its financial reporting processes.
As global stocks fall, Asia-Pacific’s benchmark index erases all of its gains for 2023
Asia-Pacific’s leading index erased its year-to-date gains and is now flat in 2023 as bank stocks led declines Tuesday.
GitLab loses one-third of its value after software company issues weak revenue forecast
GitLab posted 58% revenue growth in the latest quarter, but its guidance for fiscal 2024 missed analysts‘ estimates.