Stock Market
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European bank shares lose steam, leading to a drop in European stocks
On Wednesday, European stock markets saw a decline as banks reduced early gains and investors monitored the U.S. financial sector…
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Foxconn cautions on consumer electronics demand as Q4 earnings decline – a blow to Apple
On Wednesday, Foxconn, the world’s largest contract electronics maker and an Apple Inc supplier, reported a 10% decline in net…
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Calm Prevails Uneasily Following Turmoil Triggered by SVB
On Wednesday, there was an uneasy calm in world markets as regulators and financial executives tried to ease contagion fears…
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S&P/ASX 200 index closes 1.41% lower in the Australian stock market
After the close on Tuesday, the Australian stock market experienced a decline due to losses in the IT, Energy, and…
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U.S. Banks Hit by Stock Rout Might Need to Seek Partners, Analysis Suggests
According to industry executives and advisers, some regional banks in the United States may be forced to seek saviors if…
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New CEO of Silicon Valley Bank assures “business as usual”
Silicon Valley Bank’s new CEO Tim Mayopoulos reassured clients on Monday that the bank is operating normally, according to a…
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Huuuge, the mobile game developer, reports $24.2 million in funds at SVB.
Huuuge Inc, a mobile games developer based in the United States, has reported that about 10% of its cash and…
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US regulators take action to restore banking system confidence following SVB collapse
US authorities take emergency measures after Silicon Valley Bank’s failure US authorities have taken emergency measures to restore confidence in…
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Futures surge as Goldman Sachs no longer anticipates Fed rate hike this month
On Monday’s pre-open trading, futures are surging due to the announcement of regulatory measures aimed at addressing the aftermath of…
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European Stock Futures Tumble Amid Jitters Ahead of U.S. Jobs Report
Expectations are for a sharp decline in European stock markets when they open on Friday, following the weakness on Wall…
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