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TikTok Scrutiny & AR Enterprise Solution Drives Snap Stock Higher

Last Updated: March 24, 2023

Snap stock (NYSE: SNAP) stock rose over 3% yesterday and has outperformed the markets over the last couple of weeks. Growing scrutiny of TikTok in […]

US Stocks Fall as Fed Raises Rates by 25 Basis Points despite the Turmoil

Author: Mohit Oberoi

Last Updated: March 23, 2023

The US Fed raised its policy rates by 25 basis points yesterday. US stocks whipsawed but eventually major indices closed with losses of over 1.5%. […]

GameStop Stock Pops on Surprise Profit: Is a Short Squeeze Coming?

Author: Mohit Oberoi

Last Updated: March 22, 2023

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 […]

UBS Buys Credit Suisse for $3.2 Billion as Regulators Scramble to Instill Confidence

Author: Mohit Oberoi

Last Updated: March 20, 2023

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 […]

Things Get Complicated for ‘Data-Dependent’ Fed amid Banking Crisis

Author: Mohit Oberoi

Last Updated: March 16, 2023

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 […]

Meta Platforms Announces Second Round of Layoffs: Would Tech Peers Follow Suit?

Author: Mohit Oberoi

Last Updated: March 15, 2023

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 […]

Here’s What Analysts Say about Regional Bank Stocks amid the Slump

Author: Mohit Oberoi

Last Updated: March 14, 2023

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 […]

Goldman Sachs Predicts No Fed Rate Hike in March after the SVB Debacle

Author: Mohit Oberoi

Last Updated: March 13, 2023

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 […]

SVB Financial Continues to Fall after Announcing Bond Sale and Capital Raise

Author: Mohit Oberoi

Last Updated: March 10, 2023

SVB Financial (NYSE: SIVB) stock fell over 60% yesterday and had its worst performance since its 1987 listing. The stock is down sharply in aftermarkets […]

Tesla Under Investigation for Fatal Model S Collision in February

Author: Mohit Oberoi

Last Updated: March 9, 2023

Tesla (NYSE: TSLA) is under investigation for a fatal collision in February when a Model S car collided with a stationary firetruck. Separately, regulators are […]