Credit Suisse rebounded slightly from Wednesday’s drop, while PagerDuty popped on better-than-expected earnings.
Baidu shares drop to 8-week lows after company reveals ChatGPT rival
Chinese tech company Baidu gave the public a peek Thursday at what its Chinese-language ChatGPT alternative can do, while warning of its imperfections.
Candice Beaumont of $1.5 billion family office says ‘worst is yet to come’ for stocks, real-estate
“This is the beginning of a new paradigm and the beginning of a cycle where we’re in a multi-year contraction,” says the Lazard Freres veteran.
Where wealthy investors are putting their cash after SVB collapse
The strategy of banks requiring wealthy clients to give them deposits or primary-banking relationships in exchange for loans may be ending, advisers say.
Credit Suisse shares soar 30% on Swiss National Bank loan announcement
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Saudi National Bank says panic over Credit Suisse is ‘unwarranted’
“It’s panic, a little bit of panic. I believe completely unwarranted, whether it be for Credit Suisse or for the entire market,” he said on CNBC’s “Capital Connection.”
Here are the world’s best airports for 2023
Singapore’s Changi Airport has been named the “world’s best airport” for a record 12th time.
China sees record 7.7 million applicants for 200,000 government jobs
Government jobs are typically regarded as stable and prestigious in China, especially since young people’s unemployment has soared to record highs.
Credit Suisse to borrow up to nearly $54 billion from Swiss National Bank
Credit Suisse announced it will be borrowing up to 50 billion Swiss francs ($53.68 billion) from the Swiss National Bank under a covered loan facility and a short-term liquidity facility.
‘Big Short’ investor Steve Eisman says if the Fed is scared to raise rates, you should be scared, too
Steve Eisman said if the spreading banking crisis stops the Federal Reserve from raising interest rates next week, investors should be fazed by that.