Preferred stocks offer a better way to bet on banks
by A normally calm area of financial markets – preferred stocks – has been rocked by the Silicon Valley Bank and Signature Bank seizures, and this …
Tag: markets
Stock blocks divide Wall Street. A fund buys, sells Tesla after Hindenburg.
text size Block is led by Twitter co-founder Jack Dorsey. Drew Angerer/Getty Images Critical report from a short seller sent shares of the Block and …
Tesla Model 3 may lose EV tax credit, report says Inventory is still high.
text size A rear-wheel drive Tesla Model 3 costs around $43,000 to start. Allison Dinner/Getty Images Automakers loved it when the US government rolled out …
Nike, Chevron, Nvidia, Altria, Adobe and more to watch this week
text size The Federal Reserve’s interest rate decision on Wednesday will be the main event for a week with several notable earnings reports and investor …
Apple and other big tech stocks make gains despite bank explosions. Here’s why.
text size Apple and other big companies have seen their shares rise despite concerns from the banking sector. Pau Barrena/AFP via Getty Images Financial SVB …
First Republic shares tumble despite $30 billion rescue package for big banks
JPMorgan Chase and other major banks stepped in this week to strengthen First Republic Bank worth $30 billion, but their efforts did little to restore …
Lumen debt swap shows company plans to ‘fight’ amid investor doubts
Lumen Technologies Inc. is offering to undertake a debt swap in what one analyst sees as an attempt by management to “fight it out” amid …
Ryan Reynolds sells Mint Mobile for $1.35 billion to T-Mobile
Ryan Reynolds used his celebrity and wit to turn Mint Mobile into a low-cost competitor in the fast-paced wireless business. Mr. Reynolds, co-owner of Mint …
Etsy, Bill.com and others disclose exposure to SVB
text size The SVB crash affected several companies, some with significant funds in the bank. Getty Images On Friday afternoon, etsy sellers began posting on …
Johnson & Johnson, Kellogg and 2 Other Spinoffs to Watch in 2023
Illustration by Qianhui Yu text size On Wall Street, at least, not only is it not hard to break, it’s something companies are looking at …