Meme stock darling GameStop (NYSE: GME) is trading sharply higher in US premarket price action today after reporting a surprise profit for the fourth quarter […]
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March 20, 2023
UBS Buys Credit Suisse for $3.2 Billion as Regulators Scramble to Instill Confidence
UBS has agreed to buy Credit Suisse for $3.2 billion in a deal that had the blessings of Swiss regulators. Amid the banking crisis, agencies […]
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March 16, 2023
Things Get Complicated for ‘Data-Dependent’ Fed amid Banking Crisis
The next Fed meeting is scheduled for March 21-22. While on multiple occasions the US central bank has said that it is “data dependent” it […]
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March 15, 2023
Meta Platforms Announces Second Round of Layoffs: Would Tech Peers Follow Suit?
After around a month of rumors, Meta Platforms (NYSE: META) has announced its second round of mass layoffs. Would other tech peers follow suit? Last […]
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March 14, 2023
Here’s What Analysts Say about Regional Bank Stocks amid the Slump
After the failure of SVB and Signature Bank in quick succession, regional bank stocks have crashed. Here’s what Wall Street thinks about the recent price […]
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March 13, 2023
Goldman Sachs Predicts No Fed Rate Hike in March after the SVB Debacle
Goldman Sachs believes that the US Fed would not raise rates at its upcoming March meeting. The outlook for rate hikes has changed drastically over […]
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