Dow Jones Futures Rise, Banks Jump As First Citizens Buys Silicon Valley Bank
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Futures rose as bank fears ease. First Citizens will buy Silicon Valley Bank. Microsoft and Tesla are near buy points.
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Yahoo Finance•Billionaire Warren Buffett Recently Cut This Stock From Berkshire Hathaway's Portfolio. It Just Dropped 53% In 1 Day. Here's What Investors Need to Know.
The insurer was accused by a short-seller of "extensive" fraud.
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In the chaos of the 2008 recession, perhaps no bank stood more prepared than Jamie Dimon's J.P Morgan Chase & Co. (NYSE:JPM). In advance of the crisis, Jamie Dimon realized that "underwriting standards were deteriorating across the industry," with late payments on subprime loans rising. In late 2006, the bank led his firm to exit Wall Street's hot subprime business, starting with a frantic call made to J.P. Morgan's vacationing Chief of Securitized Products where he said, "I really want you to w
Benzinga•DJT Stock Jumps. The Truth Social Owner Is Showing Stockholders How to Block Short Sellers.
An FAQ on the Truth Social owner’s website gave stockholders multiple ways to avoid their shares being lent to short sellers.
Barrons.com•Oil prices surge 3% on reports of Israeli strikes on Iran
The most active U.S. West Texas Intermediate contract climbed $2.56, or 3.1%, to $84.66 per barrel. U.S. news outlet ABC News cited a U.S. official as saying that Israeli missiles had hit a site in Iran. Iran's Fars news agency said explosions were heard at an airport in the Iranian city of Isafahan but the cause was not immediately known.
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TheStreet•