First Republic Bank shares dropped, fueling its potential to again weigh on the broader banking sector. Other regional bank stocks rose before the bell.
Category: Finance News
Britain blocks Microsoft’s $69 billion acquisition of Activision Blizzard
Britain’s top competition regulator on Wednesday moved to block Microsoft’s acquisition of video game publisher Activision Blizzard.
Bankers’ pitch to save First Republic: Help us now, or pay more later when it fails
The potential First Republic rescue plan is the latest twist in a saga sparked by the sudden collapse of Silicon Valley Bank last month.
Royal castles to luxury getaways: How to spend King Charles III’s coronation weekend
Millions of people are expected to travel to and around the U.K. to witness the coronation of King Charles III and Queen Camilla on May 6.
‘Easy money is behind us, the hard money is now,’ Stifel’s chief strategist warns
Stock pickers may have a clear edge over passive investors. According to Stifel’s Barry Bannister, the market is on a road to nowhere until 2031.
Stocks making the biggest moves after hours: Enphase Energy, PacWest Bancorp, Chipotle, Microsoft and more
These are the stocks posting the largest moves in extended trading.
The banking crisis is having a slow-burn impact on the economy
The money pipeline to Wall Street remains mostly alive and well while the situation on Main Street is much more in flux.
3 ways to rethink old age and retirement, MIT expert says
The classic notion of retirement is incomplete. Americans should think about “longevity,” which includes ice cream, lunch and light bulbs, one expert said.
Stocks making the biggest moves midday: First Republic Bank, PepsiCo, Fiserv and more
These are the stocks posting the largest moves in midday trading.
No ‘immediate path forward’: CFTC is talking to Binance after launching legal action, official says
The CFTC sued Binance, its CEO Changpeng Zhao and its former chief compliance officer last month.