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First Republic Surges 33% in Premarket as SVB Deal Calms Investors
/ Banking, Stocks

First Republic Surges 33% in Premarket as SVB Deal Calms Investors

First Republic stock soared 33% in premarket after First Citizens BancShares agreed to purchase SVB loans and deposits.

March 27, 2023
Nasdaq Plans to Launch a Crypto Custody Platform This Year: Report

Nasdaq Plans to Launch a Crypto Custody Platform This Year: Report

Nasdaq aims to launch crypto custody platform by the end of second quarter.

March 24, 2023
Hindenburg Research Accuses Jack Dorsey’s Block of Fraud

Hindenburg Research Accuses Jack Dorsey’s Block of Fraud

Hindenburg Research hit out at Jack Dorsey's Block for engaging in fraudulent activities.

March 23, 2023
Coinbase Shares Fall 11% in Premarket as SEC Action Looms

Coinbase Shares Fall 11% in Premarket as SEC Action Looms

Coinbase shares in premarket trading Wednesday are down 11% as SEC action against the crypto exchange looms.

March 23, 2023
Tech Layoffs Continue as Amazon Plans to Eliminate 9,000 Positions

Tech Layoffs Continue as Amazon Plans to Eliminate 9,000 Positions

Amazon said it will lay off 9,000 employees in the coming period, just a few months after trimming 18,000 positions.

March 20, 2023