Bailouts are back, Fed outlook reassessed, Pfizer M&A - what's moving markets
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StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Silicon Valley to feel SVB impact for years to come, claims Wedbush
March 13, 2023 7:59 AM EDTAs markets continue to react to the significant effect of the SVB Financial Group (NASDAQ: SIVB) situation on Monday morning, Wedbush analyst Daniel Ives believes the ripple impacts will be felt in Silicon Valley for years to come.
Last week, SVB announced it had sold some securities at a loss and said it would sell $2.25 billion in new shares to shore up its balance sheet. This triggered a panic, and California regulators closed down the tech lender, putting it under the control of the US Federal Deposit Insurance... More
BofA Discontinues Coverage on First Republic Bank (FRC)
March 13, 2023 7:59 AM EDTBofA Discontinues Coverage on First Republic Bank (NYSE: FRC)
... More