Tag: wsjfinance markets

  • Companies whose deposits in Silicon Valley Bank have just been released

    Updated March 12, 2023 at 7:07 PM ET When Silicon Valley Bank collapsed after a run on deposits, many of its clients rushed for compensation after being cut off. Companies that disclosed how much money they had in the bank when it went bankrupt are listed below. Shares of Roku fell on March 10 after […]

  • Stocks extend weekly losses after job data, bank collapse

    The government said on Friday that US hiring grew solidly but cooled off in February as employers added 311,000 jobs, more than economists polled by The Wall Street Journal had expected. Unemployment rose slightly to 3.6%, still historically low. Meanwhile, regulators closed Silicon Valley Bank after a run on deposits thwarted the tech-focused lender’s plans […]

  • Tesla stock is more popular than ever among individual investors

    In recent weeks, they’ve been buying up shares of Elon Musk’s electric vehicle maker at a breakneck pace, repeatedly setting records for one-day purchases. As of 2023, they have spent a net $13.6 billion on Tesla stock, which is approaching the all-year record of nearly $17 billion, according to Vanda Research. Their interest in Tesla […]

  • 10-year Treasury yields top 4% for first time since November

    Continued inflation and fears of an extended period of higher interest rates lifted 10-year Treasury yields above 4% on Wednesday, up from levels reached last year for the first time in more than a decade. The move marks the latest twist in a record price fall in the bond market. The most recent leg was […]

  • How FTX’s Nishad Singh, Once an Honors Student, Turned to Cryptocrime

    Nishad Singh followed Sam Bankman-Fried into the high-stakes world of cryptocurrency trading. Now he could help put the former FTX executive in jail. Mr Singh, the 27-year-old former technical director at FTX, this week pleaded guilty to six felonies, including wire fraud. He agreed to cooperate with the government’s investigation into the collapse of FTX. […]

  • Shares drop Friday to close out the worst week of 2023

    US stocks pulled back on Friday, posting their worst weekly performance of the year as hot economic data reignited concerns about the Federal Reserve’s restrictive policies. The S&P 500 fell 42.28 points, or 1.1%, to 3970.04. The tech-heavy Nasdaq Composite fell 195.46 points, or 1.7%, to 11394.94. The blue-chip Dow Jones Industrial Average lost 336.99 […]

  • Crypto Giant Binance expects to pay fines to solve US investigations

    Binance, the world’s largest cryptocurrency exchange, expects to pay fines to settle existing U.S. regulatory and law enforcement investigations of its company, the company’s chief strategy officer said in an interview. Binance grew rapidly and started out as a company driven by software engineers unfamiliar with laws and regulations written to address the risk of […]